Gold soars above ₹80K, Silver jumps ₹1K: Bullion market sees a surge!
On Makar Sankranti, the domestic bullion market is seeing a bullish surge. Gold has crossed the ₹80,000 mark, with prices rising by ₹410 to ₹430 per 10 grams. This push has set the price of 24-carat gold between ₹80,070 and ₹80,220 per 10 grams in most markets. Meanwhile, 22-carat gold is being sold for ₹73,400 to ₹73,550 per 10 grams.
Silver also saw a significant jump, rising by ₹1,000 per kilogram, trading at ₹94,400 per kilogram in Delhi today. The price surge has affected major cities. In Delhi, 24-carat gold is priced at ₹80,220 per 10 grams, while 22-carat gold costs ₹73,550. In Mumbai, the price of 24-carat gold stands at ₹80,070, with 22-carat gold priced at ₹73,400. Similarly, in Ahmedabad, 24-carat gold is trading at ₹80,120, and 22-carat gold at ₹73,450.
Other cities, such as Chennai and Kolkata, follow a similar trend. In both cities, 24-carat gold is trading at ₹80,070 per 10 grams, and 22-carat gold is at ₹73,400.
In Lucknow, 24-carat gold costs ₹80,220 per 10 grams, and 22-carat gold is at ₹73,550. In Patna, the rates are ₹80,120 for 24-carat and ₹73,450 for 22-carat gold. Jaipur also follows this pattern with 24-carat gold priced at ₹80,220 and 22-carat gold at ₹73,550.
Karnataka, Telangana, and Odisha have also seen price hikes. In Bengaluru, Hyderabad, and Bhubaneswar, 24-carat gold is being sold at ₹80,070 per 10 grams, and 22-carat gold at ₹73,400 per 10 grams.
This widespread surge reflects a positive sentiment in the bullion market on the occasion of Makar Sankranti.