 "Gold trading at Rs 53,620 per 10 gm today; silver selling at Rs 68,300 a kg")
The price of 10 gram of 24-carat gold decreased by Rs 760 on Thursday to trade at Rs 53,620, and silver (per kg) became Rs 1,700 cheaper to trade at Rs 68,300.
The price of 10 gram of 24-carat gold in Bangalore and Hyderabad is on par with the price of 24-carat gold in Mumbai and Delhi i.e. Rs 53,620, while 22-carat gold is selling at Rs 49,150.
In Delhi, Kolkata, and Mumbai, the price of 1 kg of silver is Rs 68,300, whereas the price of 1 kg of silver in regions such as Hyderabad, Bengaluru and Chennai stood at Rs 73,300.
On Wednesday, gold plunged by Rs 915 to Rs 52,367 per 10 grams in the national capital amid a decline in international precious metal prices and rupee appreciation
The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes.
In the international market, gold was trading lower at $1,942.5 per ounce and silver was marginally lower at $24.94 per ounce.
Gold prices declined to one-week low on Wednesday as a rally in the US bond yields dampened demand for yellow metals as safe-haven.
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%