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Delhi and Chennai Trade at Premium as Gold Stabilizes
Gold stabilized with Chennai and Delhi trading above Mumbai levels despite a ₹1 national dip.
Gold rates stabilized on February 27 despite a ₹1 dip nationally. Delhi quoted 24K gold at ₹16,182 per gram, while Chennai remained highest at ₹16,276. Mumbai, Bangalore and Kolkata held steady at ₹16,101. The spread between southern and western metros reflects localized demand and logistics costs. Analysts view the muted correction as profit booking after recent upward momentum in bullion markets.