Gold and silver prices rise for second day in a row. Check latest MCX rates and city-wise updates on gold-silver price across India.
Gold and silver prices continued their upward trend on April 30, marking a second straight day of gains in the bullion market. The rise in both precious metals has once again put investors and buyers on alert as global and domestic factors continue to influence market sentiment. The latest movement in gold-silver price shows strong volatility in early trading hours.
Gold Price Continues to Climb
In the morning session, MCX gold was trading at ₹1,49,268 per 10 grams at around 10:15 AM, registering an increase of ₹266 per 10 grams. During the session, gold touched a low of ₹1,49,069 and a high of ₹1,49,526.
Market analysts suggest that fluctuations in the global economy, along with currency movements, are driving the current momentum in gold-silver price. Demand for safe-haven assets remains strong, contributing to the rise.
Silver Sees Sharp Jump
Silver also witnessed a strong upward move in early trade. At around 10:00 AM, MCX silver was priced at ₹2,34,555 per kilogram, showing a jump of ₹1,355. The metal recorded a low of ₹2,34,228 and a high of ₹2,35,102 during the trading session.
Industrial demand and global cues are also supporting silver’s rally, making the gold-silver price trend increasingly important for traders and investors.
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City-Wise Gold and Silver Rates
Across major Indian cities, gold and silver prices vary slightly due to local taxes and transport costs. In cities like Patna, Jaipur, Kanpur, Lucknow, Bhopal, Indore, Chandigarh, and Raipur, 24K gold and silver rates remain closely aligned with MCX trends.
Among these cities, Patna is currently offering relatively lower gold prices, while Bhopal and Indore are on the higher side. In the case of silver, Raipur offers the lowest rate, whereas Bhopal and Indore report the highest prices.
This variation highlights how dynamic the gold-silver price continues to be across regions.
Market Outlook
Experts believe that gold and silver prices may remain volatile in the coming days due to global economic uncertainty, inflation trends, and fluctuations in the US dollar index. Investors are advised to stay cautious while tracking movements in gold-silver price.
For now, the consistent rise in bullion prices indicates strong market momentum, keeping gold-silver price in focus for both traders and buyers.
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