New Delhi: Gold prices moved higher in early trade on Tuesday, while silver showed mixed trends, reflecting volatility in the commodities market after a recent surge in equities.
At around 10:11 am, the price of 10 grams of gold stood at Rs 1,51,200, marking an increase of Rs 439. On the Multi Commodity Exchange (MCX), June futures recorded a low of Rs 1,51,068 and a high of Rs 1,51,870 per 10 grams during the morning session.
Silver prices, however, showed fluctuation. Earlier in the day, the metal declined by Rs 1,989 per kg, though by 10 am it was trading at Rs 2,39,549 per kg, up Rs 1,343. Silver touched an intraday low of Rs 2,38,501 and a high of Rs 2,40,612 per kg.
Across major cities, gold prices varied slightly. Patna recorded the lowest rate for 24-carat gold at Rs 1,51,330 per 10 grams, while Bhopal and Indore saw the highest at Rs 1,51,640.
Silver prices followed a similar pattern, with Patna offering the lowest rate at Rs 2,40,070 per kg. Bhopal and Indore recorded the highest silver prices at Rs 2,40,830 per kg.
Gold Prices (Per 10 Grams):
- Patna: Rs 1,51,330
- Jaipur: Rs 1,51,390
- Kanpur: Rs 1,51,520
- Lucknow: Rs 1,51,520
- Bhopal: Rs 1,51,640
- Indore: Rs 1,51,640
- Chandigarh: Rs 1,51,480
- Raipur: Rs 1,51,420
Silver Prices (Per Kg):
- Patna: Rs 2,40,070
- Jaipur: Rs 2,40,170
- Kanpur: Rs 2,40,630
- Lucknow: Rs 2,40,630
- Bhopal: Rs 2,40,830
- Indore: Rs 2,40,830
- Chandigarh: Rs 2,40,570
- Raipur: Rs 2,40,480
Market analysts said the divergence between gold and silver prices indicates cautious trading sentiment, with investors balancing safe-haven demand and profit booking.
