Gold, silver rate today highlights: Gold suffers biggest slide in four decades

Gold, Silver Rate Today LIVE update: Price of 24 karat gold today:

Delhi: ₹16,934 per gram ( ₹1,69,340 per 10 grams)

Mumbai: ₹16,919 per gram

Hyderabad: ₹16,919 per gram

Bengaluru: ₹16,919 per gram

Kolkata: ₹16,919 per gram

Gold, Silver Rate Today LIVE update: Delhi: ₹3,94,900 per kg

Mumbai: ₹3,94,900 per kg

Hyderabad: ₹4,04,900 per kg

Bengaluru: ₹3,94,900 per kg

Kolkata: ₹3,94,900 per kg

Gold, Silver Rate Today LIVE update: The price of gold in Vijayawada today is ₹16,058 per gram for 24 karat gold, ₹14,720 per gram for 22 karat gold and ₹12,044 per gram for 18 karat gold.

Gold, Silver Rate Today LIVE update: In Delhi, the price of gold on January 31 stood at ₹16,934 per gram for 24 karat gold, ₹15,524 per gram for 22 karat gold, and ₹12,704 per gram for 18 karat gold, also known as 999 gold.

The price of gold in Bangalore today is Rs16,919 per gram for 24 karat gold, ₹15,509 per gram for 22 karat gold and ₹12,689 per gram for 18 karat gold.

Gold prices were marginally lower compared to Delhi. On January 31, 24 karat gold was priced at ₹16,919 per gram, while 22 karat gold stood at ₹15,509 per gram and 18 karat gold at ₹12,689 per gram.

Gold, Silver Rate Today LIVE update: Gold and silver prices fell sharply on Friday as European stock markets closed the week higher, even as Wall Street pulled back, with investors reassured by US President Donald Trump’s choice to lead the Federal Reserve.

The precious metals, typically sought as safe-haven assets, began sliding after reports — later confirmed — that Trump had nominated former Federal Reserve official Kevin Warsh to replace Jerome Powell as chair of the central bank.

Trump announced the decision on social media, praising Warsh, a former Morgan Stanley investment banker and Fed governor, as someone who “will go down as one of the GREAT Fed Chairmen, maybe the best.”

Kathleen Brooks, research director at XTB, said the “interesting pick” appeared to have eased market concerns, raising hopes that the Federal Reserve’s independence would remain intact.

Gold, Silver Rate Today LIVE update: The price of silver in Pune today is ₹350 per gram and ₹3,50,000 per kilogram.

Gold, Silver Rate Today LIVE update: The price of gold in Pune today is ₹16,058 per gram for 24 karat gold, ₹14,720 per gram for 22 karat gold and ₹12,044 per gram for 18 karat gold.

Gold, Silver Rate Today LIVE update: On MCX today, silver is priced at ₹2,928 per 10 grams.

Gold, Silver Rate Today LIVE update: On MCX today, gold is trading at ₹15,097 per gram, translating to ₹1,50,970 per 10 grams, according to Bullions.co.in.

Gold, Silver Rate Today LIVE update: Gold and silver prices are in focus over a significant price surge over the past few days. On Saturday, prices eased slightly after touching record highs earlier in the week.

In Delhi, the price of gold on January 31 stood at ₹16,934 per gram for 24 karat gold, ₹15,524 per gram for 22 karat gold, and ₹12,704 per gram for 18 karat gold, also known as 999 gold.

Silver prices in Delhi were quoted at ₹394.90 per gram, translating to ₹3,94,900 per kilogram.

Gold prices in the national capital have been trending upward since the start of the year, largely driven by weakness in equity markets, which pushed investors towards safer assets like gold.

Gold, Silver Rate Today LIVE update: The price of gold in Kolkata today is ₹16,919 per gram for 24 karat gold, ₹15,509 per gram for 22 karat gold and Rs12,689 per gram for 18 karat gold.

Gold, Silver Rate Today LIVE update: The price of silver in Chennai today is ₹350 per gram and ₹3,50,000 per kilogram.

Gold, Silver Rate Today LIVE update: The price of gold in Chennai today is ₹16,255 per gram for 24 karat gold, ₹14,900 per gram for 22 karat gold and ₹12,800 per gram for 18 karat gold.

Gold, Silver Rate Today LIVE update: The price of gold in Bangalore today is Rs16,919 per gram for 24 karat gold.

Gold, Silver Rate Today LIVE update: "Gold and silver experienced a significant correction on Friday as investors moved to aggressively book profits following a recent record-breaking rally. This decline was mainly fuelled by the heavy liquidation of long positions by large institutional players, who sought to secure gains after a strong multi-session advance," HDFC Securities’ Senior Commodities Analyst Saumil Gandhi, told news agency PTI.

He added that a recovery in the US dollar further pressured bullion.

"From a technical standpoint, both gold and silver had been trading in overbought territory over the past several sessions, heightening the risk of a corrective move," Gandhi said, adding that the combination of stretched technical conditions, institutional profit-taking, and a recovery in the US dollar that is likely to continue adds pressure on bullion in the short term.

Gold, Silver Rate Today LIVE update: Silver prices in Delhi were quoted at ₹394.90 per gram, translating to ₹3,94,900 per kilogram.

Silver prices in Mumbai were the same as Delhi, at ₹394.90 per gram or ₹3,94,900 per kilogram.

Silver traded at premium in Hyderabad, quoted at ₹404.90 per gram and ₹4,04,900 per kilogram.

Gold, Silver Rate Today LIVE update: In Delhi, the price of gold on January 31 stood at ₹16,934 per gram for 24 karat gold.

In Mumbai, gold prices were marginally lower compared to Delhi. On January 31, 24 karat gold was priced at ₹16,919 per gram.

Hyderabad mirrored Mumbai’s gold rates, with 24 karat gold priced at ₹16,919 per gram.