Gold Hits New Levels: Current Gold and Silver Rates for December 12, 2024

New Delhi (The Uttam Hindu): Gold prices in India experienced a modest increase on Thursday, December 12, 2024, as the cost of 24-carat gold surged by ₹870, bringing it to ₹7965.3 per gram. Similarly, the price of 22-carat gold saw a rise of ₹800, reaching ₹7303.3 per gram. The price of 24-carat gold has shown a minor increase of 0.14% over the past week, although it has dropped by -1.21% over the past month, reflecting the volatility of precious metal prices.

In contrast, silver prices have declined. The price of silver in India stands at ₹98500.0 per kg, marking a decrease of ₹1200.0 per kg compared to yesterday’s rate.

Gold and Silver Prices Across North Indian Cities

Gold Prices:

Delhi: Gold prices in the national capital have reached ₹79653.0 per 10 grams, reflecting an increase from ₹77963.0 on December 11, 2024, and from ₹78073.0 on December 6, 2024.

Jaipur: The price of gold in Jaipur today is ₹79646.0 per 10 grams, up from ₹77956.0 on December 11, 2024, and ₹78066.0 on December 6, 2024.

Lucknow: Gold prices in Lucknow stand at ₹79669.0 per 10 grams, up from ₹77979.0 on December 11, 2024, and ₹78089.0 on December 6, 2024.

Chandigarh: Gold is priced at ₹79662.0 per 10 grams, a rise from ₹77972.0 on December 11, 2024, and ₹78082.0 on December 6, 2024.

Amritsar: In Amritsar, gold prices have reached ₹79680.0 per 10 grams, reflecting an increase from ₹77990.0 on December 11, 2024, and ₹78100.0 on December 6, 2024.

Silver Prices:

Delhi: Silver is priced at ₹98500.0 per kg, up from ₹95000.0 on December 11, 2024, and ₹95200.0 on December 6, 2024.

Jaipur: Silver rates in Jaipur are ₹98900.0 per kg, an increase from ₹95400.0 on December 11, 2024, and ₹95600.0 on December 6, 2024.

Lucknow: The silver price in Lucknow today stands at ₹99400.0 per kg, up from ₹95900.0 on December 11, 2024, and ₹96100.0 on December 6, 2024.

Chandigarh: In Chandigarh, silver rates are ₹97900.0 per kg, up from ₹94400.0 on December 11, 2024, and ₹94600.0 on December 6, 2024.

Patna: Silver is priced at ₹98600.0 per kg, a rise from ₹95100.0 on December 11, 2024, and ₹95300.0 on December 6, 2024.

Factors Influencing Gold and Silver Prices

Gold and silver prices are highly sensitive to a variety of global and local factors. These include worldwide demand, currency fluctuations, interest rates, government policies, and other significant global events. As always, jewelers and market experts continue to monitor these factors to provide valuable insights on the trends and price fluctuations in the precious metals market.