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Evening bullion trade sees gold inch higher while silver extends steady gains
Gold saw a mild evening uptick across metros while silver held firm, supported by soft US yields and stable global spot cues.
Gold prices firmed modestly in evening bullion trade as renewed safe-haven buying supported rates across major metros. In Delhi, 24-carat gold hovered near ₹12,870 per gram, while Mumbai saw prices around ₹12,780. Chennai reported slightly higher levels near ₹12,980, reflecting regional demand variations. Silver held steady across key hubs, with evening wholesale rates averaging ₹1,72,000–₹1,73,000 per kg in Delhi, Chennai and Kolkata.
Analysts attributed the movement to softer US yields and stable global spot prices, helping bullion maintain upward momentum despite intraday volatility.