Gold and Silver Prices Rise; 24-Carat Gold at Rs 79,210, Silver at Rs 92,600

New Delhi :  Gold and silver prices rose in early trade on Saturday, with 24-carat gold increasing by Rs 10, trading at Rs 79,210 per 10 grams, while silver saw a Rs 100 surge, reaching Rs 92,600 per kilogram.

The price of 22-carat gold also saw a modest rise of Rs 10, with ten grams of the yellow metal priced at Rs 72,610. These gains come amid fluctuations in global gold markets, where spot gold eased slightly after hitting a three-week high.

In major cities like Mumbai, Kolkata, Chennai, and Hyderabad, the price of ten grams of 24-carat gold was uniform at Rs 79,210. In Delhi, the price of 24-carat gold stood at Rs 79,360 per 10 grams, while 22-carat gold was priced at Rs 72,760.

Silver prices also varied by region. In Delhi, Bengaluru, and Kolkata, one kilogram of silver was priced at Rs 92,600, in line with Mumbai. However, in Chennai, silver traded at a higher Rs 100,100 per kilogram.

This uptick in precious metal prices comes on the heels of fluctuations in global markets. On Friday, US gold prices retreated from a three-week high, weighed down by a strong dollar. Spot gold eased by 0.6% to $2,641.52 an ounce, though it remained up 0.8% for the week. Meanwhile, spot silver gained 0.2%, trading at $29.63 per ounce.

As markets look ahead, investors are closely monitoring global economic shifts, especially with the upcoming changes in US leadership. Gold remains a popular safe-haven asset, and its price fluctuations are often driven by macroeconomic factors and currency movements.