Ten gram of 24-carat gold was on Satrurday selling at Rs 48,070, up by Rs 100 from yesterday. Silver was at Rs 63,600 per kg, according to the Good Returns website.
Gold jewellery price varies across India, the second-largest consumer of the metal, due to excise duty, state taxes, and making charges. In New Delhi and Mumbai, 10 gm of 22-carat gold was selling at Rs 46,959 and 47,070. In Chennai, the yellow metal was selling at Rs 45,150, according to the website.
In New Delhi, the price of 10 gm of 24-carat gold was Rs 51,220. In Chennai, it is trading at Rs 49,260. The Mumbai rate is Rs 48,070, while it is Rs 49,950 in Kolkata, according to the website.
Silver on Saturday was trading at Rs 63,600 per kilogram from Rs 62,200 in Friday trading session.
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.