Gold and silver price today: Check rates in Delhi, Mumbai, Hyderabad
Among major cities, Maharashtra's Mumbai recorded 24-carat gold prices at around ₹1,78,860 per 10 grams. Delhi trailed marginally at ₹1,79,010.
Gold and silver prices dropped in domestic markets on Friday, with 24-carat gold trading below record high level it reached on Wednesday across major cities and silver holding below the ₹4 lakh per kilogram mark.
In Mumbai, 24-carat gold was priced at around ₹1,70,620, while rates in Delhi were slightly higher at about ₹1,70,770, according to data seen on the web at around 10 am on Friday. Prices in Hyderabad were broadly in line with those in Mumbai.
Silver was quoted at ₹3,950 per 10 grams in both Delhi and Mumbai, with Hyderabad recording a higher rate of ₹4,150 per 10 grams.
Domestic silver rates are closely linked to global prices and fluctuate in line with international market trends. In addition, movements in the rupee against the US dollar play a key role.
A weakening rupee makes silver more expensive in India even if international prices remain unchanged.
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