There was a little decrease in the price of gold. The price per gram of 22-carat gold remained unchanged at ₹5,624. The prices for the bigger amounts, such 8 and 10 grams, were ₹44,992 and ₹56, respectively. Furthermore, one hundred grams of 22-carat gold costs ₹5,40,000. In the meantime, a gram of 24-carat gold cost ₹5,891.
The price of silver remained steady, with one kilogram costing ₹74,500 across the country.
City Gold (Rs/10gram) Silver (Rs/kg)
Chennai 56,700 77,500
New Delhi 56,400 74,500
Mumbai 56,240 74,500
Kolkata 56,240 74,500
Many variables affect these price changes, but one important one is feedback from reliable jewelers. These variations are caused by a number of factors, including the demand for gold around the world, the value of different currencies, interest rates, and government laws pertaining to the trading in gold. Global events also have an impact on gold prices in the Indian market, such as the status of the world economy and the value of the US dollar relative to other currencies.