New Delhi, 18 March (H.S.):
Bullion markets in India opened on a strong note on Wednesday, with gold prices firming by ₹620–₹680 per 10 grams at the start of trade and silver also gaining ground. The gains follow recent global‑commodity trends and a spike in jewellery and investment demand ahead of the wedding season, dealers say.
In the domestic jewellery bazaars, 24‑karat gold is now trading in the range of ₹1,58,090–₹1,58,240 per 10 grams, while 22‑karat gold is being quoted at ₹1,44,910–₹1,45,060 per 10 grams, depending on the city and local making charges. Silver has also become dearer, with the precious metal touching around ₹2,75,100 per kilogram in the Delhi bullion market and similar levels in other major centres.
In New Delhi, the key hub for cash‑and‑carry bullion trade, 24‑karat gold is around ₹1,58,240 per 10 grams and 22‑karat at ₹1,45,060 per 10 grams. Mumbai, India’s financial capital, quotes 24‑karat at ₹1,58,090 per 10 grams and 22‑karat at ₹1,44,910 per 10 grams, reflecting near‑uniform pricing across major metros.
In Ahmedabad, 24‑karat gold trades at ₹1,58,140 per 10 grams and 22‑karat at ₹1,44,960 per 10 grams, while the twin tech‑and‑jewellery hubs Bengaluru, Hyderabad and Bhubaneswar quote 24‑karat at ₹1,58,090 per 10 grams and 22‑karat at ₹1,44,910 per 10 grams.
Other major markets show a similar pattern: in Chennai and Kolkata, 24‑karat is at ₹1,58,090 per 10 grams and 22‑karat at ₹1,44,910 per 10 grams; in Bhopal, Lucknow, Patna and Jaipur, 24‑karat stands at ₹1,58,140–₹1,58,240 per 10 grams and 22‑karat between ₹1,44,960–₹1,45,060 per 10 grams.
Across states such as Karnataka, Telangana and Odisha, the jewellery‑and‑plating‑manufacturing belts also report a firming trend in gold prices, with all three state capitals echoing the metro‑level 24‑ and 22‑karat quotations. Traders attribute the resilience to steady buying from both retail jewellers and institutional investors, while tax‑plus‑GST regimes and import‑duty structures continue to keep the domestic price curve above international benchmarks.
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Hindusthan Samachar / Jun Sarkar
