Gold, silver & platinum prices in India today | Market rates & city-wise updates

# Business Desk
Representative image: AI
Representative image: AI

Gold continues to serve as a reliable shield against inflation, making it an increasingly popular choice for investors looking to protect and diversify their portfolios.

The latest market rates for gold in India are outlined below, based on data sourced from reputable jewellers nationwide for informational purposes:

Purity Level Gold Karat Price (per gram)
99.9% Purity 24 Karat ₹15,136
91.6% Purity 22 Karat ₹13,874
75.0% Purity 18 Karat ₹11,352

These figures reflect the current market values and highlight the premium placed on higher purity levels as investors navigate changing economic landscapes.

What about silver prices?

Silver continues to fluctuate based on a mix of global market dynamics and currency valuations. The latest market rates for silver in India are outlined below:

Weight Price
Per Gram ₹264.90
Per Kilogram ₹2,64,900

Key Factors Influencing Silver Prices

  • International Market Trends: Domestic silver prices are heavily tied to global commodity benchmarks, which can shift rapidly due to international demand and geopolitical factors.

  • Currency Exchange Rates: The value of the Indian Rupee (INR) against the US Dollar (USD) plays a crucial role. For instance, if the Rupee weakens against the Dollar while global prices hold steady, importing silver becomes costlier, pushing domestic retail prices upward.

City-wise rates of Gold and Silver

City Gold 24K (₹/g) Gold 22K (₹/g) Gold 18K (₹/g) Silver (₹/kg)
Chennai 15,337 14,059 11,789 2,75,000
Mumbai 15,110 13,850 11,332 2,65,000
Delhi 15,125 13,865 11,347 2,65,000
Kolkata 15,110 13,850 11,332 2,65,000
Bangalore 15,110 13,850 11,332 2,65,000
Hyderabad 15,110 13,850 11,332 2,75,000
Kerala 15,110 13,850 11,332 2,75,000
Pune 15,110 13,850 11,332 2,65,000
Vadodara 15,110 13,850 11,332 2,65,000
Ahmedabad 15,110 13,850 11,332 2,65,000

How about Platinum?

Platinum has carved out a unique space in India's precious metals market [1.1.1, 1.1.2]. Known for its sleek, modern look and structural strength, it has a distinct retail and consumer profile [1.1.2, 1.1.5]:

Current Retail Market Rates

Domestic platinum prices sit at the following benchmarks [1.2.1]:

  • Per Gram: ₹5,248 [1.2.1]

  • Per 10 Grams: ₹52,480 [1.2.1]