Gold Silver Price Today: On Friday morning, once again a strong rise was seen in the prices of gold and silver. On the Multi Commodity Exchange (MCX), the price of gold rose by about Rs 1,200 per 10 grams, while silver also became costlier by more than Rs 6,000. The main reason for this rise is the increasing tension in the Middle East, due to which people are choosing precious metals as safe investments. Apart from this, the decrease in the strength of the US dollar has also helped in increasing the prices of gold and silver.

How expensive did gold and silver become today?

As soon as the market opened on Friday morning, a huge jump was seen in the prices of gold and silver. At 9:30 am, gold became costlier by Rs 1,207 and reached Rs 1,60,880 (per 10 grams). At the same time, the price of silver also increased by Rs 5,703 and was recorded at Rs 2,67,894 (per kg). However, there was some fluctuation in prices during early trading, due to which gold fell to a low of Rs 1,60,710 and silver to a low of Rs 2,67,123.

Where did the price reach in the international market?

A rise in the prices of gold and silver was also seen in foreign markets. Spot gold rose nearly 1 percent to $5,124.73 and spot silver rose 1.7 percent to $83.57 an ounce. However, if we talk about the whole week, gold has fallen by about 3 percent. The main reason for this is the low expectation of interest rate cuts and the fear of rising inflation due to rising energy prices.

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What are the prices in major cities?

• Delhi: Here 24 carat pure gold is available for Rs 1,30,416 and 22 carat gold with jewelery is available for Rs 1,19,552.


• Mumbai: The price of 24 carat gold is Rs 1,30,296, while the price of 22 carat gold is Rs 1,19,432.


• Chennai: Gold here is a little more expensive than other cities. For 24 carat, you will have to pay Rs 1,31,952 and for 22 carat, you will have to pay Rs 1,20,952.


• Hyderabad: Prices here are at par with Mumbai, where the price of 24 carat gold is Rs 1,30,296 per 8 grams. Whereas 22 carat gold is available at Rs 1,19,432 per 8 grams.