Kochi listed 24-carat gold at ₹12,792, 22-carat at ₹11,726, and 18-carat at ₹9,594 per gram, each registering a nominal ₹1 rise.
India’s bullion market witnessed marginal gains on Thursday as both gold and silver prices inched upward, supported by firm international trends and mild currency fluctuations. According to the latest rate chart, the national gold price for 24-carat purity stood at ₹12,792 per gram, marking a ₹1 increase from the previous day. Prices for 22-carat and 18-carat gold also recorded similar single-rupee gains, settling at ₹11,726 and ₹9,594 per gram, respectively.
Across weight categories, the uptrend was consistent. One gram of 24-carat gold rose to ₹12,792, while 10 grams were priced at ₹1,27,920 – a ₹10 rise day-on-day. For bulk buyers, a 100-gram purchase amounted to ₹12,79,200, reflecting a ₹100 increase. Comparable increments were observed in 22-carat and 18-carat segments, indicating broad-based firmness in domestic bullion rates.
In major metropolitan centres, gold prices showed limited variation, though Chennai remained the costliest among the large markets. The southern city quoted ₹12,874 per gram for 24-carat gold, followed by Delhi at ₹12,807. Meanwhile, Mumbai, Kolkata, Bengaluru and Hyderabad aligned with the national average of ₹12,792. Ahmedabad and Vadodara recorded slightly higher prices at ₹12,797 per gram.
In Kochi, rates mirrored the broader national pattern. The city listed 24-carat gold at ₹12,792, 22-carat at ₹11,726, and 18-carat at ₹9,594 per gram, each registering a nominal ₹1 rise.
Silver prices also firmed up on Thursday. The national average climbed to ₹169.10 per gram, up by 10 paise, while the rate per kilogram rose to ₹1,69,100, marking a ₹100 daily increase. Traders attributed the uptick largely to international price movements coupled with mild weakening of the rupee. A softer rupee typically makes imported precious metals costlier, even if global benchmarks remain steady.
Across Indian cities, silver rates varied slightly. Chennai, Hyderabad, and Kerala (in reference to the state) quoted the highest levels at ₹1,761 for 10 grams and ₹1,76,100 per kilogram. In contrast, Mumbai, Delhi, Kolkata and Bengaluru were in line with the national trend at ₹1,691 for 10 grams and ₹1,69,100 per kilogram. Kochi, however, stood apart with a higher local price of ₹176.10 per gram and ₹1,76,100 per kilogram, reflecting regional demand patterns.
With global markets awaiting key economic cues, analysts expect modest fluctuations to continue in the near term, keeping both gold and silver on investors’ radars. (With inputs from Agencies)
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