Indians have an age-old affinity for gold, considering it not just a precious metal but a symbol of security and tradition. They are known to invest in gold regardless of financial circumstances, believing it provides stability even in times of economic uncertainty. As of today (2nd October 2024), the prices of both gold and silver have seen a slight decrease over the past few days. Let’s delve into the current price trends in major Indian cities, including some prominent ones in Telugu states.
In Chennai, the price of 22-carat 10-gram gold stands at Rs. 70,490, while the 24-carat equivalent is priced at Rs. 76,900. Mumbai follows a similar trend with 22-carat and 24-carat 10-gram gold priced at Rs. 70,490 and Rs. 76,900, respectively. Moving to Delhi, the rates are Rs. 70,640 for 22-carat and Rs. 76,050 for 24-carat 10-gram gold. In Hyderabad, the prices mirror those of Mumbai at Rs. 70,490 for 22-carat and Rs. 76,900 for 24-carat 10-gram gold. Vijayawada, Kerala, and Bengaluru also show consistent pricing for both 22-carat and 24-carat variants.
While gold is experiencing a slight decline, silver prices have also seen a marginal drop, with the current rate per kilogram standing at Rs. 94,900. It’s important to note that the mentioned gold prices do not include GST and TCS, and additional charges may apply post-purchase. These prices are accurate as of 6 am today and are subject to fluctuations based on local market conditions.
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