Gold prices in India witnessed a marginal gain on Wednesday with a gram of 22 carat gold costing ₹5,500 compared to ₹5,480 on Tuesday, according to figures by Goodreturns. Prices of eight grams and 10 grams of 22 carat gold have also plunged ₹160 and ₹200, now costing at ₹44,000 and ₹55,000 respectively.
The price of 24 carat gold also witnessed a slight increase on Wednesday.(Representative image/istock) The price of 24 carat gold also witnessed a slight increase on Wednesday. One gram of 24k gold will cost ₹6,000, ₹22 up by yesterday’s price while eight grams and 10 grams are priced at ₹48,000 and ₹60,000 respectively.
Meanwhile, the prices of silver also saw a marginal increase on Wednesday. A gram of silver will cost ₹72.10 compared to ₹72 on Tuesday. Similarly, eight grams of silver is priced at ₹576.80, with a increase of ₹0.80. 10 grams of silver would be costing ₹721 while one kg of silver will cost ₹72,100, with an increase of ₹100 from yesterday’ price, Goodreturns said.
Here are the gold and silver prices of top Indian cities on Wednesday:
CITYGOLD 22 CARAT (Rs/10 GRAM)SILVER (Rs/ 10 GRAM)DELHI55,150721MUMBAI55,000721KOLKATA55,000721CHENNAI55,700747BENGALURU55,050747 Gold prices in India are dependent on the markets. The prices are determined by a range of factors including volatile policies, slowing economic growth and the strength of the Rupee against US dollar.
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