Gold prices at Rs 76,400 on November 29, up 0.55% from previous day: MCX Data

The price of 24-carat yellow metal on November 29, 2024 was Rs 76,020 in Mumbai, and it cost Rs 72,400 for 22-carat commodity in the financial capital

Gold prices witnessed a 0.55 percent increase, with the yellow metal closing the trading session at Rs 76,400 on November 29, 2024 according to MCX data.

Prices were also 21.07 percent up in gold’s spot market value from the start of the year.

Year-over-year, gold prices have soared 22.15 percent, as analysed by Moneycontrol.

However, the current price remains below the Rs 79,362 peak reached on October 30, 2024.

For gold futures expiring on February 5, 2025, the price was Rs 77,128 per 10 grams on November 29, 2024, which is 0.75 percent higher than the previous day’s price.

There were city-wise variations in gold price on November 29, 2024.

Gold price in Mumbai

The price of 24-carat yellow metal on November 29, 2024 was Rs 76,020 in Mumbai, and it cost Rs 72,400 for 22-carat commodity in the financial capital. Prices were 0.97 percent higher compared with the previous day.

Gold price in Delhi

In the national capital, 24-carat gold cost Rs 76,230, 0.97 percent higher than the previous day, while the 22-carat version cost Rs 72,600.

Gold price in Chennai

Tamil Nadu’s capital, Chennai, witnessed the commodity trading 0.98 percent higher for the 24-carat at Rs 75,180. The 22-carat commodity was priced at Rs 71,600.

Gold price in Bengaluru

Tech capital Bengaluru, saw 22-carat gold at Rs 72,750, while 24-carat gold at Rs 76,390 Pwas 1.11 percent higher than the previous trading session.

You can access more information on city-wise prices on our gold page.

Outlook

World Gold Council notes that central bank buying and technology use demand was lower at the start of the year.

Geopolitical uncertainties have given a fillip to the yellow metal prices in recent times, along with capital flows owing to lower rates in developed economies.