Gold prices saw a jump of a per cent while silver increased by 2.8% compared to yesterday on the back of geopolitical tensions arising out of West Asia.
“Gold prices surged to Rs 77,200 on MCX, gaining over Rs 500, as geopolitical turmoil reignited safe-haven demand. Rebel forces ousted Syria’s President Bashar al-Assad, with reports of Israeli involvement in Syrian territory and Turkey-backed rebel activity escalating tensions. Meanwhile, South Korea’s leadership crisis, involving President Yoon Suk Yeol’s criminal investigation and impeachment survival, added to global uncertainty. These developments shifted gold’s range higher to Rs 76,500–Rs 78,000, with safe-haven demand likely to remain elevated in the near term,” said Jateen Trivedi, Vice President and Research Analyst of Commodity and Currency at LKP Securities.
Gold and silver rates today, December 10
The 24-carat gold rate in India was quoted for a price of Rs 77,430 per 10 grams on December 10. The rate for 24-carat gold per gram is Rs 7,743. While the rate of 22-carat gold was Rs 70,978 per 10 grams.
The price of 24-carat gold has risen 0.8% in the last seven days. It has increased by 0.5% in the last ten days. The silver is available to Indian customers today at a price of Rs 94,830 per kilogram.
Gold rate in Mumbai on December 10
Today, the 24-carat Gold can be purchased at a price of Rs 77,430/10 grams. On December 09, the gold was available for Rs 76,590/10 grams. A week back, on December 03, gold was sold for Rs 76,780/10 grams.
Silver rate in Mumbai on December 10
Silver was sold for a price of Rs 94,830/Kg on December 10 in Mumbai, a jump of Rs 2,660 in a single day, when it was priced at Rs 92,170/Kg and a week ago the price was Rs 91,830.
Gold rate in Delhi on December 10
On December 10, the gold was selling for Rs 77,300/10 grams. The gold was quoted at Rs 76,460/10 grams on December 09. While the price of the 24K gold was Rs 76,650/10 grams a week ago.
Silver rate in Delhi on December 10
In Delhi, the silver was priced at Rs 94,670/Kg on December 10. The price of silver was Rs 92,010/Kg on December 09. A week ago, silver was traded for a price of Rs 91,670/Kg.
Gold rate in Kolkata on December 10
The 24-carat gold was trading for a price of Rs 77,330/10 grams, today, December 10. The glittering metal was selling for Rs 76,490/10 grams yesterday and was quoting for Rs 76,680/10 grams last week.
Silver rate in Kolkata on December 10
Today, the silver in Kolkata was selling for a price of Rs 94,710/Kg. The price of silver was Rs 92,050/Kg on December 09. Last week on December 03, the metal was trading at Rs 91,710/Kg.
Gold rate in Chennai on December 10
On December 10, the gold was quoted in Chennai for a price of Rs 77,650/10 grams. On December 09, it was quoted for Rs 76,820/10 grams. A week ago, the price of gold was Rs 77,000/10 grams in Chennai.
Silver rate in Chennai on December 10
The silver rate in Chennai today, December 10, is Rs 95,110/Kg. On December 09, the price of silver was Rs 92,440/Kg. The silver in Chennai was available to the customers for a price of Rs 92,100/Kg a week ago.
MCX Futures on December 10
The gold MCX futures contract with the expiry of February 05, 2025, was quoted for Rs 77,484 per 10 gm. While the futures contracts for silver with the March 2025 expiry on MCX futures were trading at Rs 95,115 per kg.
