Gold prices in India edged higher on Wednesday amid festive demand for Akshaya Tritiya, trading at Rs 95,680 as of 7:11 a.m., according to the India Bullion Association.
Rates in New Delhi hovered around Rs 95,340 per 10 grams, while Mumbai saw a slightly higher rate at Rs 95,500. In Kolkata, gold was priced at Rs 95,380, and Bengaluru saw rates at Rs 95,580. Chennai continued to post the highest price at Rs 95,780.
On the Multi Commodity Exchange, June 5 gold futures were down 0.64% at Rs 95,410.
Celebrated as a day of prosperity and new beginnings, Akshaya Tritiya traditionally sees strong gold buying, with the metal considered a symbol of wealth and good fortune.
Gold Rates Today
Global spot gold prices dipped 0.03% on Tuesday to $3,316.35 an ounce, stabilising after recent declines.
Prices steadied as US President Donald Trump signalled some relief on auto tariffs and pointed to progress in trade talks with several countries. However, uncertainty around the broader impact of US-led trade tensions continues to support safe-haven demand.
Gold briefly surged past $3,500 an ounce last week, driven by strong inflows into gold-backed exchange-traded funds, sustained central-bank buying, and signs of speculative interest in China. The metal has gained over 25% so far this year.
Silver Prices Today
Silver prices were at Rs 97,970 on Wednesday, after crossing the Rs 1 lakh mark multiple times in the past couple of months, according to the India Bullion Association. Strong industrial demand for silver, fuelled by its importance in renewable energy technologies and electronics, has been driving the surge.
. Read more on Markets by NDTV Profit.Gold and silver prices in India, tracked by the India Bullion Association, rose on Akshaya Tritiya 2025 with Chennai posting the highest gold rate at Rs 95,780 per 10 grams. Read MoreMarkets, Business, Notifications
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