Gold prices in India

Gold and silver prices in India surged on November 29, 2024, driven by a softer US dollar and rising geopolitical tensions. Gold prices rose across categories, with 24K gold at ₹78,110 per 10 grams and 22K gold at ₹71,600. Silver prices also climbed, reaching ₹91,500 per kg. Major cities, including Mumbai, Chennai, and Delhi, saw similar trends. On MCX, gold futures rose to ₹76,391, while silver futures reached ₹89,051 for the December 2024 expiry. The price hike reflects global market trends, with gold seen as a haven amid uncertainties. Analysts recommend cautious buying, with potential targets for both metals.