Gold and silver bullion prices have risen more than 2% compared to ten days back on the back of political unrest in South Korea and France.
“The metal had a brief spike to $2656 on South Korea’s President imposing martial law accusing the opposition of disrupting the working of the administration; however, the metal gave back most of its gains on slightly better-than-expected US JOLTS job openings (October), though prior data was revised lower. Consequently, the US Dollar is slightly firmer, and the yellow metal at $2641 is down around 0.1%. The French Government may collapse today on a no-confidence motion over spending cut issues, which may support the metal to some extent,” said Praveen Singh, Associate Vice President of Fundamental Currencies and Commodities at Mirae Asset Sharekhan.
Gold and silver rates today, December 05
The 24-carat gold rate in India was quoted for a price of Rs 77,040 per 10 grams on December 05. The rate for 24-carat gold per gram is Rs 7,704. While the rate of 22-carat gold was Rs 70,620 per 10 grams.
The price of 24-carat gold has risen by 1.36% in the last week and by 2.1% in the last ten days. The silver is available to Indian customers today at a price of Rs 93,030 per kilogram.
Gold rate in Mumbai on December 05
Today, the 24-carat Gold rate in Mumbai is at Rs 77,040/10 grams. On December 04, the gold was trading at a price of Rs 76,780/10 grams. A week back, on November 28, gold was sold for Rs 76,000/10 grams.
Silver rate in Mumbai on December 05
Silver rate in Mumbai is at Rs 93,030/Kg on December 05, a jump of Rs 1200 in a single day, when it was priced at Rs 91,830/Kg and a week ago the price was Rs 88,360.
Gold rate in Delhi on December 05
On December 05, the gold rate in Delhi was at Rs 76,900/10 grams. The gold was quoted at Rs 76,650/10 grams on December 04. While the price of the 24K gold was Rs 75,870/10 grams a week ago.
Silver rate in Delhi on December 05
In Delhi, the silver was priced at Rs 92,870/Kg on December 05. The silver rate in Delhi was Rs 91,670/Kg on December 04, a discount of Rs 1,200 from today. A week ago, the silver was trading for a price of Rs 88,210/Kg.
Gold rate in Kolkata on December 05
The 24-carat gold was trading for a price of Rs 76,940/10 grams, today, December 05. The gold rate in Kolkata was Rs 76,680/10 grams yesterday and was quoting for Rs 75,900/10 grams last week.
Silver rate in Kolkata on December 05
Today, the silver rate in Kolkata was Rs 92,910/Kg. The price of silver was Rs 91,710/Kg on December 04. Last week on November 28, the metal was trading at Rs 88,240/Kg.
Gold rate in Chennai on December 05
On December 05, the gold rate in Chennai was hovering around Rs 77,260/10 grams. On December 04, it was quoted for Rs 77,000/10 grams. A week ago, the price of gold was Rs 76,230/10 grams in Chennai.
Silver rate in Chennai on December 05
The silver rate in Chennai today, December 05, is Rs 93,300/Kg. On December 04, the silver rate in Chennai was Rs 92,100/Kg. The silver in Chennai was available to the customers for a price of Rs 88,610/Kg a week ago.
MCX Futures on December 05
The gold MCX futures contract with the expiry of December 05, 2024, was quoted for Rs 76,266 per 10 gm, an increase of Rs 223 in the price. While the futures contracts for silver with the December 2024 expiry on MCX futures were trading at Rs 91,130 per kg, an increase of Rs 428.