Gold and Silver Rates Fluctuate in Major Indian Cities
This morning, gold and silver trading began in major cities across India. However, there is a difference in rates between cities. Here are the latest rates for 22ct and 24ct gold per 10 grams as well as the current silver price for most major cities in the country:
– Amaravati: 22ct Gold – Rs. 55400, 24ct Gold – Rs. 60450, Silver Price – Rs. 79200
– Bangalore: 22ct Gold – Rs. 55450, 24ct Gold – Rs. 60500, Silver Price – Rs. 75500
– Chennai: 22ct Gold – Rs. 55900, 24ct Gold – Rs. 60980, Silver Price – Rs. 79200
– Delhi: 22ct Gold – Rs. 55550, 24ct Gold – Rs. 60600, Silver Price – Rs. 74100
– Hyderabad: 22ct Gold – Rs. 55400, 24ct Gold – Rs. 60450, Silver Price – Rs. 79200
– Kolkata: 22ct Gold – Rs. 55400, 24ct Gold – Rs. 60450, Silver Price – Rs. 74100
– Mumbai: 22ct Gold – Rs. 55400, 24ct Gold – Rs. 60450, Silver Price – Rs. 74100
Gold and silver rates in MCX and international markets are tax-free, so there may be a difference in rates between local markets.
Gold and Silver Rates Change from Yesterday to Today
According to the Indian Bullion Jewelers Association’s website, the price of gold opened today at Rs. 59,772 per ten grams, a decrease of Rs. 149 from the previous day’s closing price of Rs. 59,921 per ten grams. Currently, gold is selling Rs. 1,813 cheaper than its all-time high of Rs. 61,585 per ten grams on May 11, 2023.
Meanwhile, the price of silver opened today at Rs. 73,102 per kg, a decrease of Rs. 330 from the previous day’s closing price of Rs. 73,432 per kg.
Gold and Silver Trading in MCX and International Markets
Gold futures for August 4, 2023, are trading at Rs. 59,788.00 with a gain of Rs. 147.00 in the Multi Commodity Exchange (MCX). Similarly, silver futures for July 5, 2023, are trading at Rs. 73,407.00 with a gain of Rs. 433.00.
In the international market, gold is trading at a gain of $2.82 at the rate of $1,962.91 an ounce in the US, while silver is trading at a gain of $0.07 at the level of $24.16 an ounce.
Conclusion
Gold and silver rates in major Indian cities have fluctuated this morning. While gold is trading cheaper than its all-time high, there is a difference in rates between cities. Investors are advised to keep an eye on market trends and fluctuations before investing in these precious metals.
Follow DelhiBreakings on Google News
Superfast News Coverage by DelhiBreakings.com team.
For Superfast national news and Delhi Breaking Stories visit us daily at https://delhibreakings.com
