Thu Dec 05 20:30:00 UTC 2024: ## Gold Prices Surge in India After Three-Day Dip
**Hyderabad, Delhi, December 6, 2024** – Gold prices in India rebounded sharply today, reversing a three-day decline. The price of 24-carat, 99.9% pure gold rose by ₹130 per 10 grams to ₹77,900, while silver saw an even more dramatic increase, jumping ₹1,200 per kilogram.
The increase is attributed to renewed buying by jewelers and stockists. While the domestic market experienced this surge, international gold futures on the Comex fell by $7.20 (0.27%), settling at $2,669 per ounce.
Across major Indian cities, prices varied slightly:
* **Hyderabad & Vijayawada:** 24-carat gold: ₹77,900; 22-carat gold: ₹71,410
* **Delhi:** 24-carat gold: ₹78,050; 22-carat gold: ₹71,560
* **Kolkata, Chennai, Bengaluru:** Prices were similar to Hyderabad and Vijayawada.
Traders cite increased local demand as the primary driver for the price hike. Consumers are advised to check current prices before making purchases, as rates are subject to change.
First Piper 