Gold prices have risen 0.6% compared to a week back while Silver prices rose 0.1% during the same time frame. The prices of precious metals will likely be impacted on the back of turbulent times for the Indian rupee and a rise in 10-year US yields.
“Volatile Indian rupee and the US yields are likely to have a major impact on gold prices in INR terms. Still, overall, gold is expected to trade with a positive bias into the year-end on positive ETF flows, subdued US data and central bank buying. Nonetheless, considering the volatile US yields, tight stop-loss is a must,” said Praveen Singh, Associate Vice President of Fundamental Currencies and Commodities at Mirae Asset Sharekhan.
Gold and silver rates today, December 30
The 24-carat gold rate in India was Rs 76,600 per 10 grams on December 30. The rate for 24-carat gold per gram is Rs 7,660. While the rate of 22-carat gold was Rs 70,217 per 10 grams.
The price of 24-carat gold has fallen 0.6% in the last seven days. It has slipped by 0.2% in the last ten days. The silver is available to Indian customers today at a price of Rs 88,760 per kilogram.
Gold rate in Mumbai on December 30
The Gold rate in Mumbai is Rs 76,600/10 grams today. On December 29, the gold was available for Rs 76,590/10 grams. A week back, on December 23, gold was sold for Rs 76,130/10 grams.
Silver rate in Mumbai on December 30
Silver rate in Mumbai was Rs 88,760/Kg on December 30, while it was priced at Rs 88,750/Kg and a week ago the price was Rs 88,910.
Gold rate in Delhi on December 30
On December 30, the gold rate in Delhi is Rs 76,470/10 grams. The gold was quoted at Rs 76,460/10 grams on December 29. The rate of 24-karat gold was Rs 76,000/10 grams a week ago.
Silver rate in Delhi on December 30
The silver rate in Delhi was Rs 88,610/Kg on December 30. The price of silver was Rs 88,590/Kg on December 29. A week ago, silver was traded for a price of Rs 88,760/Kg.
Gold rate in Kolkata on December 30
The gold rate in Kolkata was Rs 76,500/10 grams, today, December 30. The glittering metal was selling for Rs 76,490/10 grams yesterday and was quoting for Rs 76,030/10 grams last week.
Silver rate in Kolkata on December 30
Today, the silver rate in Kolkata is Rs 88,640/Kg. The price of silver was Rs 88,630/Kg on December 29. Last week on December 23, the metal was trading at Rs 88,800/Kg.
Gold rate in Chennai on December 30
On December 30, the gold rate in Chennai was Rs 76,830/10 grams. On December 29, it was quoted for Rs 76,810/10 grams. A week ago, the price of gold was Rs 76,350/10 grams in Chennai.
Silver rate in Chennai on December 30
The silver rate in Chennai today, December 30, is Rs 89,020/Kg. On December 29, the price of silver was Rs 89,010/Kg. The silver in Chennai was available to the customers for a price of Rs 89,170/Kg a week ago.
MCX Futures on December 30
The gold MCX futures contract with the expiry of February 05, 2025, was quoted for Rs 76,536 per 10 gm. While the futures contracts for silver with the March 2025 expiry on MCX futures were trading at Rs 88,882 per kg.
