New Delhi, 05 March (H.S.): India's domestic bullion markets opened weaker today, with gold and silver prices registering sharp declines amid early trading sessions.Gold tumbled by ₹2,850 to ₹3,110 per 10 grams, dragging 24-carat rates down to between ₹1,64,500 and ₹1,64,650 per 10 grams across most markets.

Similarly, silver plunged by a steep ₹10,000 per kilogram, settling at ₹2,84,900 per kg in the Delhi bullion bazaar.

City-wise Gold Rates

In the capital, 24-carat gold traded at ₹1,64,650 per 10 grams, while 22-carat fetched ₹1,50,940 per 10 grams. Mumbai mirrored the trend with 24-carat at ₹1,64,500 and 22-carat at ₹1,50,790 per 10 grams, as did Ahmedabad at ₹1,64,550 and ₹1,50,840 respectively.

Chennai, Kolkata, and Bengaluru saw uniform pricing for 24-carat gold at ₹1,64,500 and 22-carat at ₹1,50,790 per 10 grams.

Bhopal matched Ahmedabad's levels, while Lucknow, Patna, and Jaipur hovered around ₹1,64,650 for 24-carat and ₹1,50,940 for 22-carat.

Regional Trends

The downturn rippled through other state capitals, including Hyderabad and Bhubaneswar, where 24-carat gold stabilized at ₹1,64,500 per 10 grams and 22-carat at ₹1,50,790.

This broad-based softening reflects ongoing profit-taking and a stronger U.S. dollar pressuring precious metals globally.

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Hindusthan Samachar / Jun Sarkar