In the current bullion market scenario, gold and silver prices have been experiencing fluctuations. The cost of ten grams of 24-carat gold recently surpassed the Rs.65,000 mark. International developments play a crucial role in the dynamic nature of gold and silver prices, causing them to rise or fall intermittently.
The demand for gold and silver remains constant, especially during weddings and auspicious occasions. Recent observations indicate a surge in gold and silver rates, with a notable increase of Rs.10 in the price of ten grams of gold and Rs.100 per kilogram of silver.
As of Saturday morning (March 9, 2024), the recorded prices were Rs.60,260 for 10 grams of 22-carat gold and Rs.65,740 for 24-carat gold. The price of silver per kilogram was Rs.75,600.
Major cities exhibit varying gold prices. In Delhi, ten grams of 22-carat gold costs Rs.60,410, while the 24-carat variant is priced at Rs.65,890. Mumbai, Bangalore, Chennai, and Kolkata also show slight variations in gold prices. In Kerala, the rates stand at Rs.60,260 for 22-carat and Rs.65,740 for 24-carat gold.
Telugu states like Hyderabad, Vijayawada, and Visakhapatnam witness similar trends, with the price of 10 grams of 22-carat gold at Rs.60,260 and 24-carat gold at Rs.65,740.
Silver prices fluctuate across cities, with Chennai recording Rs.79,100 per kilogram, Delhi and Mumbai at Rs.75,600, Bangalore at Rs.74,600, and Kolkata at Rs.75,600. In Hyderabad, Vijayawada, and Visakhapatnam, the price of silver per kilogram stands at Rs.79,100.
It is essential to note that the recorded gold and silver prices are based on data available until 6 am and are subject to change. Potential buyers are advised to check real-time prices before making any purchases.