Gold and silver price: 10 grams of 22-carat gold are now valued at 55,150 in Delhi on Saturday.
On Thursday, the price of gold increased somewhat. The price of 22-carat gold remained stable at $5,500 per gram, up 10%. Larger quantities, such as 8 and 10 grams, cost $44,000 and $55,000, respectively. In addition, the price of 100 grams of 22-carat gold has remained stable at $5,50,500. Meanwhile, 24-karat gold was selling for $6,000 per gram.
The silver price remained stable, with one kilogram of silver costing $74,000 on a national scale.
City | Gold (Rs/10 gram) | Silver (Rs/kg) |
Chennai | 55,300 | 77500 |
Kolkata | 55,000 | 74000 |
New Delhi | 55,150 | 74000 |
Mumbai | 55,000 | 74000 |
These price changes are driven by a variety of reasons, one of which being input from reputed jewellers. Global gold demand, currency prices in various countries, current interest rates, and government restrictions governing gold commerce all contribute to these swings. Furthermore, global events like as the status of the world economy and the strength of the US dollar in respect to other currencies have an impact on gold prices in the Indian market.