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Bullion market stays supported as gold stabilizes and silver trades firm across metros
Gold held stable across Bengaluru, Hyderabad and other metros while silver stayed firm, supported by soft dollar trends and steady wholesale demand.
Trade showed gold maintaining stable levels across major Indian cities, with Bengaluru reporting 24-carat prices near ₹12,840 per gram and Hyderabad hovering around ₹12,820. In Ahmedabad, demand-led buying kept rates near ₹12,850, while Kochi saw prices slightly higher. Silver continued to display steady momentum, averaging ₹1,72,000–₹1,74,000 per kg across these metros.
Market participants attributed price resilience to stable COMEX gold movement, a softer dollar index and renewed wholesale buying ahead of seasonal demand in southern markets.