New Delhi, August 13 (HS): The domestic bullion market saw a mild downward drift today, as both gold and silver prices slipped marginally across major Indian cities. Weakness in demand and market corrections kept gold trading within a narrow range, while silver too witnessed a modest decline.

In most markets, 24-carat gold was quoted between ₹1,01,390 and ₹1,01,540 per 10 grams, while 22-carat gold hovered between ₹92,940 and ₹93,090 per 10 grams. Silver, mirroring the trend, was priced at ₹1,14,900 per kilogram in Delhi’s bullion market.

City-wise gold rates:

- Delhi: 24-carat gold at ₹1,01,540; 22-carat at ₹93,090 per 10g.

- Mumbai: 24-carat at ₹1,01,390; 22-carat at ₹92,940 per 10g.

- Ahmedabad: 24-carat at ₹1,01,440; 22-carat at ₹92,990 per 10g.

- Chennai & Kolkata: 24-carat at ₹1,01,390; 22-carat at ₹92,940 per 10g.

- Lucknow & Jaipur: 24-carat at ₹1,01,540; 22-carat at ₹93,090 per 10g.

- Patna: 24-carat at ₹1,01,440; 22-carat at ₹92,990 per 10g.

Further south and east, in Bengaluru, Hyderabad, and Bhubaneswar, prices remained steady with 24-carat gold at ₹1,01,390 and 22-carat at ₹92,940 per 10 grams.

Market analysts suggest the marginal dip could be attributed to profit-booking by traders and a slight softening in the international bullion market. For now, buyers may find this minor correction a tempting entry point ahead of the festive season.

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Hindusthan Samachar / Jun Sarkar