Gold and silver prices have drawn significant attention today, with the latest figures revealing a steady trend in the market. As of March 27, gold is priced at ₹88,100 per 10 grams for 24-carat gold, according to the Indian Bullion Association (IBA). In addition, 22-carat gold is valued at ₹80,758 per 10 grams. On the MCX index, the yellow metal shows a slight increase, recorded at ₹87,661 per 10 grams, which is an uptick of ₹23 from the previous day. Meanwhile, silver prices remain stable, with 999 fine silver priced at ₹99,730 per kilogram.
Overview of Precious Metal Prices
- Gold 24K: ₹88,100/10 grams
- Gold 22K: ₹80,758/10 grams
- Silver 999: ₹99,730/kg
- Silver 900 Coin: ₹89,757/kg
MCX Index Updates
At 8:50 AM on March 27, the MCX index reflected a rise in gold prices, while silver saw a slight decline:
- MCX Gold Price: ₹87,661/10 grams
- MCX Silver Price: ₹99,472/kg (down by ₹14)
City-Specific Gold and Silver Prices
Let’s take a closer look at how gold and silver prices vary across major cities in India:
Delhi
- Gold Bullion Rate: ₹87,790/10 grams
- MCX Gold Rate: ₹87,661/10 grams
- Silver Bullion Rate: ₹99,370/kg
- MCX Silver Rate: ₹99,472/kg
Mumbai
- Gold Bullion Rate: ₹88,230/10 grams
- MCX Gold Rate: ₹87,950/10 grams
- Silver Bullion Rate: ₹99,790/kg
- MCX Silver Rate: ₹99,716/kg
Chennai
- Gold Bullion Rate: ₹87,490/10 grams
- MCX Gold Rate: ₹87,950/10 grams
- Silver Bullion Rate: ₹100,080/kg
- MCX Silver Rate: ₹99,716/kg
Hyderabad
- Gold Bullion Rate: ₹88,350/10 grams
- MCX Gold Rate: ₹87,930/10 grams
- Silver Bullion Rate: ₹99,960/kg
- MCX Silver Rate: ₹99,729/kg
Kolkata
- Gold Bullion Rate: ₹88,100/10 grams
- MCX Gold Rate: ₹87,930/10 grams
- Silver Bullion Rate: ₹99,670/kg
- MCX Silver Rate: ₹99,729/kg
Bengaluru
- Gold Bullion Rate: ₹88,280/10 grams
- MCX Gold Rate: ₹87,930/10 grams
- Silver Bullion Rate: ₹99,880/kg
- MCX Silver Rate: ₹99,729/kg
Conclusion
As we observe these price trends in gold and silver, it’s clear that the market remains stable, with minor fluctuations across various cities. Investors and buyers should stay informed about these prices, especially with the ongoing changes in the economic landscape. For further insights on gold and silver trends, keep an eye on updates from the IBA and MCX indices.
