New Delhi, August 14 (HS): India’s bullion markets witnessed contrasting moves today, with gold prices edging lower while silver glittered with a sharp jump, signalling shifting momentum in the precious metals segment.

Across key trading hubs, 24-carat gold slipped marginally to trade between ₹1,01,350 and ₹1,01,500 per 10 grams, while 22-carat gold was priced at ₹92,900–₹93,050. The mild dip was seen in almost all major cities, including Delhi – where 24-carat gold stood at ₹1,01,500 – and Mumbai, where it was quoted at ₹1,01,350. Prices in Ahmedabad, Chennai, Kolkata, Lucknow, Patna, and Jaipur mirrored this narrow variation.

The softening trend extended to the southern markets as well, with Bengaluru, Hyderabad, and Bhubaneswar recording 24-carat rates at ₹1,01,350 and 22-carat at ₹92,900 per 10 grams.

Silver, however, stole the spotlight, surging by ₹1,100 per kilogram. In Delhi’s bullion market, the white metal traded at ₹1,16,000 per kg, reflecting stronger investor demand and buoyant industrial appetite.

Analysts say the divergence stems from broader global cues – with gold seeing mild profit-taking after recent highs, while silver drew strength from robust industrial demand and speculative interest.

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Hindusthan Samachar / Jun Sarkar