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Gold and Silver Prices Update: Ups and Downs in the Market

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The recent fluctuations in the gold and silver market have kept investors on edge. Over the past few days, there has been a gradual decrease in the price of gold, albeit minimal in comparison to previous increases. Currently, the price of 24 carat 10 grams of gold stands at Rs. 73,000, marking a slight dip from recent highs. This downward trend was observed across major cities in the country last Saturday, with prices adjusting marginally downwards.

Let’s delve into the specifics of gold prices in various cities. In the national capital, Delhi, the price of 10 grams of 22 carat gold is Rs. 67,190, while 24 carat gold is trading at Rs. 73,290. Moving to Mumbai, the financial capital, 22 carat gold is priced at Rs. 67,040, and 24 carat gold at Rs. 73,140. Similar trends are seen in Chennai, Kolkata, and other major cities, with slight variations in prices.

Shifting focus to the Telugu states, Hyderabad witnessed 22 carat gold priced at Rs. 67,040 and 24 carat gold at Rs. 73,140. Vijayawada and Visakhapatnam also reflected similar price points for both carat categories.

In the realm of silver, the market echoes the movements of gold, experiencing a decline in prices across all major cities. The price of a kilogram of silver dropped by Rs. 100, with Delhi, Mumbai, and Bangalore recording prices of Rs. 87,900, Rs. 88,300, and Rs. 87,600, respectively. Notably, southern cities such as Chennai, Kerala, Hyderabad, Visakhapatnam, and Vijayawada display the highest silver prices at Rs. 92,900 per kilogram.

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