By Gold and silver prices are subject to fluctuations due to international developments, experiencing both declines and sudden increases. After a period of stability, the prices of these precious metals have marginally decreased for the second consecutive day, based on rates recorded until 6 AM on Tuesday (March 05, 2024).
As of the latest data, the price of ten grams of gold has dropped by Rs.10, while silver has seen a decrease of Rs.100 per kg. In the market, the current price for 22-carat gold is Rs.58,740 for 10 grams, while 24-carat gold is priced at Rs.64,080 for the same quantity. The cost of one kilogram of silver stands at Rs.73,500.
Examining the prices in major cities, if 10 grams of 22-carat gold in Hyderabad is priced at Rs.58,740 (Rs.64,080 for 24 carats), the same rates apply in Vijayawada and Visakhapatnam.
In other significant cities, the price of 10 grams of 22-carat gold is Rs.58,890 (Rs.64,230 for 24 carats) in Delhi, Rs.58,740 (Rs.64,080 for 24 carats) in Mumbai, Rs.59,290 (Rs.64,680 for 24 carats) in Chennai, and Rs.58,740 (Rs.64,080 for 24 carats) in Bangalore and Kolkata. In Kerala, the rates are Rs.58,740 (22 carats) and Rs.64,080 (24 carats).
Turning to silver prices, the cost per kilogram is Rs.73,500 in Delhi, Mumbai, and Kolkata. In Chennai, it is Rs.76,900, while in Bangalore and Kerala, it is Rs.72,650 and Rs.76,900, respectively. Hyderabad, Vijayawada, and Visakhapatnam all share a silver price of Rs.76,900 per kilogram.
It’s crucial to note that these gold and silver prices are recorded until 6 AM on bullion market websites and are subject to change. Therefore, potential buyers are advised to check the latest prices before making any transactions.
