Gold Prices in India Rise by Re 1 per gram, Silver Remains Steady

On Monday, the price of gold in India experienced a slight increase of Re 1 per gram for both 22 and 24-carat gold, according to the Goodreturns website. This means that one gram of 22K gold is now priced at ₹5741, and eight grams amount to ₹45,928. Similarly, the rates for 24K gold are ₹6263 and...

Gold Prices in India Rise by Re 1 per gram, Silver Remains Steady
Gold Prices Up, Silver Stable in Indian Market

On Monday, the price of gold in India experienced a slight increase of Re 1 per gram for both 22 and 24-carat gold, according to the Goodreturns website. This means that one gram of 22K gold is now priced at ₹5741, and eight grams amount to ₹45,928. Similarly, the rates for 24K gold are ₹6263 and ₹50,104 respectively. For those interested in larger quantities, 10 grams of 22K gold is priced at ₹57,410, and 100 grams is valued at ₹5,74,100. The prices for 24K gold at these quantities are ₹62,630 and ₹6,26,300, respectively.

The prevailing gold prices in different cities of India are as follows: in Ahmedabad, the price for 10 grams of 22K gold is ₹57,460, and for 24K gold, it amounts to ₹62,680. In Bengaluru, Hyderabad, Kolkata, and Mumbai, both 22K and 24K gold are priced at ₹57,410 and ₹62,630 for 10 grams, respectively. In Chennai, the prices are slightly higher at ₹57,710 for 22K gold and ₹62,960 for 24K gold. Delhi witnesses a rate of ₹57,560 for 22K gold and ₹62,780 for 24K gold, per 10 grams.

However, it is important to note that these daily prices are only indicative, as they do not include additional charges such as GST, TCS, and other levies. For the exact rate on a particular day, it is advisable to consult a local jeweller.

In contrast to the rise in gold prices, the price of silver in India remained steady, according to Goodreturns data. As such, silver can be purchased today at the same prices as yesterday, with rates of ₹74.60 for one gram, ₹596.80 for eight grams, ₹746 for 10 grams, ₹7460 for 100 grams, and ₹74,600 for one kilogram.

Overall, while gold prices in India saw a marginal increase of Re 1 per gram, silver prices remained unchanged from the previous day. Investors and buyers are advised to keep these fluctuations in mind and consult local experts for precise rates in order to make informed decisions.