New Delhi, August 20 (HS): The domestic bullion market extended its bearish streak on Tuesday as both gold and silver witnessed fresh declines. Gold prices tumbled by ₹550–₹600 per 10 grams, while silver slipped sharply by ₹2,000 per kilogram, dragging sentiment lower across major trading hubs.
Following the correction, 24-carat gold was quoted between ₹1,00,150 and ₹1,00,300 per 10 grams, while 22-carat gold traded in the range of ₹91,800–₹91,950 per 10 grams. Silver lost shine as well, with the metal dropping to ₹1,15,100 per kilogram in Delhi’s bullion market.
City-Wise Gold Prices Today
Delhi: ₹1,00,300 (24k, per 10g) | ₹91,950 (22k)
Mumbai: ₹1,00,150 (24k) | ₹91,800 (22k)
Ahmedabad: ₹1,00,200 (24k) | ₹91,850 (22k)
Chennai: ₹1,00,150 (24k) | ₹91,800 (22k)
Kolkata: ₹1,00,150 (24k) | ₹91,800 (22k)
Lucknow: ₹1,00,300 (24k) | ₹91,950 (22k)
Patna: ₹1,00,200 (24k) | ₹91,850 (22k)
Jaipur: ₹1,00,300 (24k) | ₹91,950 (22k)
Bengaluru, Hyderabad, Bhubaneswar: ₹1,00,150 (24k) | ₹91,800 (22k)
The sharp slide underscores weak investor appetite amid global cues and pressure on precious metals markets. Traders note that consistent softness in international spot rates coupled with fluctuations in the rupee is adding downward pressure.
Hindusthan Samachar / Jun Sarkar
