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Gold Prices Ease Slightly While Silver Gains in Indian Bullion Market

Domestic gold edged down 0.
On 30 October in the Indian domestic market, 24-carat gold eased about 0.1% to ₹1,20,830 per 10 g, while silver rose approximately 0.5% to ₹1,47,300 per kg. On the Multi Commodity Exchange, December contract for gold traded at ₹1,20,539 per 10 g and silver at ₹1,46,900 per kg. The divergence reflects renewed industrial and investment demand for silver even as gold consolidates. Market watchers say silver’s larger beta and lesser liquidity are creating sharper moves compared with gold in current conditions.