 "Gold trading at Rs 50,620 per 10 gm today; silver is at Rs 63,000/kg")
Ten gram of 24-carat gold is selling at Rs 50,620 on Tuesday, Rs 110 higher than the last trade as demand rose for safe-haven bullion.
Gold of 22 carat is selling at Rs 46,400, up Rs 100 from Tuesday, according to the Goodreturns website. One kg of silver is selling at Rs 63,000, down Rs 800 from Tuesday.
In Delhi, Kolkata and Mumbai, 24-carat gold is selling at Rs 50,620. The price of 22-carat gold is Rs 46,400 in these cities.
In Chennai, 24-carat gold is selling at Rs 51,230. The price for 22-carat gold is Rs 46,960 in Chennai.
The prices of gold and silver vary across the country due to excise duty, state taxes, and making charges.
In Chennai, the price of 1 kg of silver is at Rs 68,200. In Delhi, Kolkata and Mumbai, the price is at Rs 63,000.
International gold prices fell marginally on Tuesday as news that some Russian troops near Ukraine were returning to their bases dented demand for safe-haven assets while oil prices tumbled more than 3% as they retreated from a seven-year high, reported Reuters.
One subscription. Two world-class reads.
Already subscribed? Log in
Subscribe to read the full story →*Subscribe to Business Standard digital and get complimentary access to The New York Times
Smart Quarterly
₹900
3 Months
₹300/Month
SAVE 25%
Smart Essential
₹2,700
1 Year
₹225/Month
SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months
Super Saver
₹3,900
2 Years
₹162/Month
Subscribe
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
SAVE 25%