After reaching record high, a decline is being seen in the prices of gold and silver today. The prices of gold and silver have come down in the multi commodity market, the effect of which will be seen on the bullion market also. Gold and silver prices have fallen due to profit booking by investors at higher prices amid fluctuations in the global market.
Till yesterday, gold and silver were trading at their record high. Yesterday the price of silver had crossed Rs 1.50 lakh, while the rate of gold had crossed Rs 1 lakh 23 thousand per 10 grams. However, today the prices of both these metals have fallen.
On the Multi Commodity Market (MCX) today, gold is trading at Rs 122872 per 10 grams, down by Rs 337 for the December 5 futures market. At the same time, the price of 1 kg silver for December 5 futures is trading at Rs 148980, down by Rs 875. Today the high level of gold is Rs 123200 per 10 grams, while the low level is Rs 122111 per 10 grams. Today the high level of silver price is Rs 149450 and the low level is Rs 143900 per kg.
Gold was at record high yesterday
On Thursday, gold on MCX rose by about Rs 2000 to Rs 123450, while silver saw a rise of more than Rs 3000 per kg and reached Rs 150282 per kg. Today, a rise in the prices of gold and silver is being seen in the bullion market.
related news
On IBJA, 24 carat gold is Rs 1,22,570 per 10 grams. 22 carat gold price is trading at Rs 1,22,079 and 18 carat gold price is trading at Rs 91,928 per 10 grams. Talking about silver, the silver price on IBJA is Rs 154100 per kg.
Gold price in your city
- Today the rate of 10 grams of gold in Delhi is ₹ 1,24,300.
- 10 grams 24 carat gold price in Ahmedabad is ₹1,24,200.
- 24 carat 10 gram gold price in Chennai is ₹1,24,370.
- 24 carat 10 gram gold price in Patna is ₹ 1,24,200.
- 24 carat 10 gram ground price today in Lucknow is ₹1,24,300.
Why are prices increasing?
This year, gold prices have given excellent returns. So far in 2025, domestic spot gold has jumped by more than 50%, which has been supported by many global factors. Gold and silver are witnessing a rise due to the current geopolitical and economic tensions, expectations of interest rate cut by the US Federal Reserve, weak dollar, strong buying by central banks, and continued investment in gold exchange-traded funds (ETFs).
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