Gold and Silver Rates Fluctuate in Major Indian Cities

This morning, gold and silver trading has started in major cities of India, with a difference in rates between cities. In MCX and international markets, gold and silver rates are tax-free, so there will be a difference between the rates in the country’s markets. The Indian Bullion Jewelers Association has reported that the rate of gold has opened at the level of Rs 59020 per ten grams, with a fall of Rs 244 per ten grams. Silver is trading at Rs 71421 per kg, with a fall of Rs 684 per kg.

Gold is trading cheaper than its all-time high by Rs 2,565 per 10 grams and is currently trading with a fall on the Multi Commodity Exchange (MCX). The futures trade of August 4, 2023, in gold is trading at a level of Rs 58,860.00 with a fall of Rs 438.00. On the other hand, the futures trade of silver on July 5, 2023, is trading at a level of Rs 71,313.00 with a fall of Rs 1338.00.

In the international market, gold is trading down by $10.25 at a rate of $1,935.06 an ounce, while silver is trading down by $0.43 at the level of $23.50 an ounce.

Rates of Gold and Silver in Major Indian Cities

Here are the rates of gold and silver in most of the big cities of India per 10 grams:

– Amaravati: 22ct Gold – Rs. 54700, 24ct Gold – Rs. 59670, Silver Price – Rs. 77500
– Anantapur: 22ct Gold – Rs. 54700, 24ct Gold – Rs. 59670, Silver Price – Rs. 77500
– Guntur: 22ct Gold – Rs. 54700, 24ct Gold – Rs. 59670, Silver Price – Rs. 77500
– Kadapa: 22ct Gold – Rs. 54700, 24ct Gold – Rs. 59670, Silver Price – Rs. 77500
– Kakinada: 22ct Gold – Rs. 54700, 24ct Gold – Rs. 59670, Silver Price – Rs. 77500
– Nellore: 22ct Gold – Rs. 54700, 24ct Gold – Rs. 59670, Silver Price – Rs. 77500
– Tirupati: 22ct Gold – Rs. 54700, 24ct Gold – Rs. 59670, Silver Price – Rs. 77500
– Vijayawada: 22ct Gold – Rs. 54700, 24ct Gold – Rs. 59670, Silver Price – Rs. 77500
– Visakhapatnam: 22ct Gold – Rs. 54700, 24ct Gold – Rs. 59670, Silver Price – Rs. 77500
– Amravati: 22ct Gold – Rs. 54700, 24ct Gold – Rs. 59670, Silver Price – Rs. 73100

Other cities include Aurangabad, Bhiwandi, Kolhapur, Latur, Mumbai, Nagpur, Nashik, Pune, Solapur, Vasai-Virar, Kerala, Berhampur, Bhubaneswar, Cuttack, Rourkela, Sambalpur, Kolkata, Hyderabad, Khammam, Nizamabad, Warangal, Chennai, Coimbatore, Erode, Madurai, Salem, Tirunelveli, Tirupur, Trichy, Vellore, Chandigarh, Delhi, Ghaziabad, Gurgaon, Noida, Lucknow, Jaipur, Ahmedabad, Rajkot, Surat, Vadodara, Bangalore, Bellary, Davanagere, Mangalore, and Mysore.

Overall, the rates of gold and silver are fluctuating in major Indian cities, with some cities having higher rates than others. It is always advisable to check the rates before buying or selling gold or silver.

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