Gold Rate Down – For the past several days, the prices of gold and silver have been witnessing constant fluctuations. Last week saw a significant change in their prices. If you are also planning to buy gold or silver, then it is essential to check the latest rates in your city or metro area to understand whether the prices have gone down or up. As there has been a cut in gold prices on the Multi Commodity Exchange (MCX), the domestic market also witnessed a drop in gold and silver prices over the week. In this article, we will look at the current prices of 24K, 22K, and 18K gold across major cities in the country.
Today’s Gold and Silver Update
According to the Indian Bullion Association, after a reduction of approximately ₹500, the price of gold has dropped to ₹97,170 per 10 grams. As per nationwide reports, the price of gold with 99.9% purity is trading at ₹97,370 per 10 grams, while gold with 99.5% purity is trading at ₹94,500 per 10 grams. There hasn’t been much change in the price of silver either – it is currently available at around ₹1,11,720 per kilogram.
Today’s Gold Prices in Major Cities (22K and 24K)
Delhi: 24K Gold – ₹97,820 per 10 grams And 22K Gold – ₹90,150 per 10 grams
Chandigarh: 24K Gold – ₹98,120 per 10 grams And 22K Gold – ₹90,130 per 10 grams
Lucknow: 24K Gold – ₹98,230 per 10 grams And 22K Gold – ₹90,230 per 10 grams
Patna: 24K Gold – ₹98,830 per 10 grams And 22K Gold – ₹90,105 per 10 grams
Hyderabad: 24K Gold – ₹98,280 per 10 grams And 22K Gold – ₹90,205 per 10 grams
Mumbai: 24K Gold – ₹98,130 per 10 grams And 22K Gold – ₹90,830 per 10 grams
Today’s Silver Prices in Major Cities
- Delhi – ₹1,10,530 per kilogram
- Chandigarh – ₹1,11,100 per kilogram
- Mumbai – ₹1,11,320 per kilogram
- Hyderabad – ₹1,10,130 per kilogram
- Lucknow – ₹1,12,220 per kilogram
- Patna – ₹1,11,420 per kilogram
It is important to note that the prices set by the Indian Bullion Association are consistent nationwide. However, when you visit a jewelry store, approximately 3% GST and making charges are added to the base price. This can cause a slight increase in the final price. Also, making charges vary from city to city and store to store.
Disclaimer: Gold and silver rates may vary depending on time and location. Always check with your local jeweler before making any purchase.