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Gold Price Today: Positive Development for Gold Buyers as Prices Witness a Decline; Insights on the Situation in Telugu States

Gold Price Today: Positive Development for Gold Buyers as Prices Witness a Decline; Insights on the Situation in Telugu States

In recent developments, there has been a slight decrease in the prices of gold and silver. As of 6 am on Friday, February 23, 2024, the recorded data indicates a Rs. 10 reduction in the price of 10 grams of gold. Presently, in the bullion market, the rate for 10 grams of 22-carat gold stands at Rs. 57,490, while 10 grams of 24-carat gold is priced at Rs. 62,720. The price of silver remains steady at Rs. 75,500 per kg, mirroring the trends in the gold market. On Friday, silver experienced a decrease of Rs. 100 per kg, bringing the current price to Rs. 74,900 per kg in the bullion market.

It’s noteworthy that the prices of gold and silver are subject to frequent changes and adjustments based on international developments. These fluctuations can result in both price increases and decreases. To provide a broader perspective, let’s explore the current prices of gold and silver in major cities across the country.

Prices in major cities

If we look at the current market prices, 10 grams of 22-carat gold in Delhi is listed at Rs. 57,640, while the cost of 10 grams of 24-carat gold is Rs. 62,870. Moving to Mumbai, the price for 22-carat gold stands at Rs. 57,490, and 24-carat gold is priced at Rs. 62,720. In Chennai, the rate for 22-carat gold is Rs. 57,990, and 24-carat gold is available at Rs. 63,220. Meanwhile, in Bangalore, the price of 22-carat gold is Rs. 57,490, and 24-carat gold is priced at Rs. 62,720. Kolkata reflects similar rates with 22-carat gold at Rs. 57,490 and 24-carat gold at Rs. 62,720. Similarly, in Kerala, the cost of 22-carat gold is Rs. 57,490, and the price for 24-carat gold is Rs. 62,720.

These figures illustrate the variations in gold prices across different cities, emphasizing the dynamic nature of the precious metal market.

Prices of Telugu States

Looking at the current rates, in Hyderabad, the cost of 10 grams of 22-carat gold is marked at Rs. 57,490, while 10 grams of 24-carat gold is priced at Rs. 62,720. Shifting our focus to Vijayawada and Visakhapatnam, the price remains consistent, with 22-carat gold at Rs. 57,490 for 10 grams, and 24-carat gold priced at Rs. 62,720. This underscores the uniformity in gold prices across these cities in the region.

Silver Prices

The current market rates indicate that the price of silver per kilogram in Delhi is Rs. 74,900. This rate remains consistent in Mumbai at Rs. 74,900, while in Chennai, it is Rs. 76,400. Moving to Bangalore, the price is recorded at Rs. 72,300, and in Kolkata, it matches the Delhi and Mumbai rates at Rs. 74,900. In Hyderabad, Vijayawada, and Visakhapatnam, the price of silver per kilogram is uniform at Rs. 76,400. This highlights the comparable pricing of silver across these cities.

NOTE…

Gold and silver prices are typically documented on bullion market websites up until 6 am. However, it’s important to note that these prices are subject to change and may fluctuate over time. Therefore, it is advisable to check the current prices of gold and silver before making any purchase to ensure you have the most up-to-date and accurate information. Keeping track of real-time prices helps in making informed decisions regarding buying or selling these precious metals.

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