Delhi, 30 October (H.S.): India’s domestic bullion market snapped its recent losing streak on Thursday as gold and silver prices rebounded sharply. The surge follows a rally in international markets, buoyed by the US Federal Reserve’s decision to lower interest rates, which has enhanced the appeal of precious metals.In today’s trading, gold prices registered a significant climb, increasing by a margin of ₹1,470 to ₹1,600 per 10 grams. Silver also saw a substantial increase, with its price jumping by ₹1,200 per kilogram.

Across the country, this rally has pushed the price of 24-carat gold into the range of ₹1,22,410 to ₹1,22,560 per 10 grams. Meanwhile, 22-carat gold is now trading between ₹1,12,210 and ₹1,12,360 per 10 grams. The price for silver in the Delhi market has reached ₹1,52,100 per kilogram.

In the nation’s capital, New Delhi, 24-carat gold is priced at ₹1,22,560 per 10 grams, while 22-carat gold is listed at ₹1,12,360. In contrast, the financial hub of Mumbai saw 24-carat gold trading at ₹1,22,410 and 22-carat gold at ₹1,12,210 per 10 grams.

Identical rates were reported in other metropolitan cities, including Chennai and Kolkata.Prices varied across other major urban centers. In Ahmedabad, the retail price for 24-carat gold stood at ₹1,22,460, with 22-carat gold at ₹1,12,260.

The cities of Lucknow and Jaipur recorded higher prices, matching Delhi’s rates of ₹1,22,560 for 24-carat and ₹1,12,360 for 22-carat gold.The trend of rising prices was consistent in other state Capitals.

In Bengaluru (Karnataka), Hyderabad (Telangana), and Bhubaneswar (Odisha), 24-carat gold was trading at ₹1,22,410 per 10 grams, while 22-carat gold was priced at ₹1,12,210 per 10 grams.

Hindusthan Samachar / Jun Sarkar