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Gold prices in Mumbai on December 12 were Rs 1,30,760 for 24-carat and Rs 1,19,860 for 22k per 10 grams. Silver crossed Rs 2,00,000 per kg for the first time in history.
News18
Gold Rate Today, December 12: Gold prices remained steady on Friday morning after a sharp jump following the US Fed rate cut by 0.25 bps. In Mumbai, the price of 24-carat gold stood at Rs 1,30,760 per 10 grams, while 22k gold was available at Rs 1,19,860 per 10 grams. These rates do not include GST and making charges.
Meanwhile, silver crossed Rs 2,00,000 per kg mark for the first time in the Indian history in the spot market, according to goodreturns.
In the international spot market, silver prices are up 4.95 per cent to trade at $63.55 per ounce as of 9:21 AM IST. Meanwhile, gold was trading 1.80 per cent higher to $4,271.65 per ounce.
On MCX, gold futures, whose expiry is on February 05, 2026, was traded at Rs 1,32,737 per 10 gram, with a rise of 0.20 per cent. While silver futures expiring on March 05, 2026, was trading at Rs 1,98,212 per kg, with a fall of 0.37Â per cent.
What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On December 12?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 1,20,010 | Rs 1,30,910 |
| Jaipur | Rs 1,20,010 | Rs 1,30,910 |
| Ahmedabad | Rs 1,19,910 | Rs 1,30,810 |
| Pune | Rs 1,19,910 | Rs 1,30,810 |
| Mumbai | Rs 1,19,860 | Rs 1,30,760 |
| Hyderabad | Rs 1,19,860 | Rs 1,30,760 |
| Chennai | Rs 1,19,860 | Rs 1,30,760 |
| Bengaluru | Rs 1,19,860 | Rs 1,30,760 |
| Kolkata | Rs 1,19,860 | Rs 1,30,760 |
What Factors Affect Gold Prices In India?
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.
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