Gold Prices In India Today, 26-Dec: 24K/100 Grams of Gold Rate Rally Rs 2,800; 1 Kg Silver Up Rs 100

On Thursday, December 26, gold rates saw an enormous rise in the domestic market caused by a strong dollar and high U.S. Treasury yields as investors expected more precise signals regarding the Federal Reserve's monetary policy forecast for 2025. This is in line with spot gold's gains on Thursday during modest holiday trade, which was supported by geopolitical concerns and a minor decline in the US dollar. Bullion has shot up 27%, according to Reuters, as a result of significant Fed cuts and heightened geopolitical uncertainty. However, because of persistent geopolitical problems, gold volatility could stay high.

Gold Rates In India Today

In India, the current price of gold is Rs 7,773 per gramme for 24-carat gold and Rs 7,125 per gramme for 22 carat gold. In India, the price of 22k of 10 grams of gold climbed by Rs 250 to Rs 71,250 on Thursday from Rs 71,000 on Wednesday. Meanwhile, the price of 22k of 100 grams of gold surged from Rs 2,500 to Rs 7,12,500 today from Rs 7,10,000 yesterday.

In India, 24k of 10 grams of gold will cost Rs 77,730 today, up from Rs 280 from yesterday's price of Rs 77,450. Meanwhile, the price of 24k of 100 grams of gold increased by Rs 2,800 on Thursday to Rs 7,77,300 from Rs 7,74,500 on Wednesday.

While the price of 18k of 100 grammes of gold in India today increased by Rs 2,100 to Rs 5,83,000 from Rs 5,80,900 yesterday, 18k of 10 grammes of gold would cost Rs 58,300 on Thursday compared to Rs 58,090 on Wednesday, marking a 180 rupee price rise.

Spot Gold Today

According to Reuters, spot gold climbed 0.5% to $2,626.10 an ounce as of 02:46 GMT on Thursday. Palladium dropped 1.2% to $942.52, platinum dropped 0.8% to $936.41, while spot silver was unchanged at $29.6 an ounce.

Silver Rates In India Today

Today, silver costs Rs 91.60 per gramme and Rs 91,600 per kilogramme in India. One kilogramme of silver will cost Rs 91,600 in India on December 26 compared to Rs 91,500 on December 25, marking a price rise of Rs 100. Ten grams of silver will cost Rs 916 in India on Thursday compared to Rs 915 on Wednesday. The price of 100 grams of silver reached Rs 9,160 today compared to Rs 9,150 yesterday.

MCX Gold Outlook Today

"On the domestic front, MCX Gold traded in a tight range and formed a doji candlestick pattern on the daily chart, suggesting a consolidation mode. The commodity is currently trading around crucial supply zone of 76350-76850 levels, and a breakout above 76850 level could push prices toward 77200/77700 levels. However, if MCX Gold faces rejection from this range, the next wave of selling pressure could drag prices down to 76000/75450 levels. Traders are advised to maintain strict stop losses, as volatility may remain high due to ongoing geopolitical issues," commented the research analysts of Way2Wealth Brokers Private Limited.

Gold Prices Prediction Today

"Today, gold prices are likely to trade higher in light holiday trading, boosted by slight weakness in U.S. dollar and geopolitical tensions, as investors eyed Federal Reserve's 2025 rate strategy and Trump's tariff policies, which could shape the metal's trajectory next year, said the research team of Angel One.

Gold Rates In Top Indian Cities Today

City	22K Gold Price Today
Chennai	Rs 7,125
Mumbai	Rs 7,125
Delhi	Rs 7,140
Kolkata	Rs 7,125
Bangalore	Rs 7,125
Hyderabad	Rs 7,125

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.