Gold prices across India remained unchanged on June 24. According to website Goodreturns, one gram of 22K gold costs ₹5,410 while the price of 24K gold was ₹5,902 per gram.
In the national capital, 10 gms of 22K gold costs ₹54,250 while that of 24K gold costs ₹59,170. In financial capital Mumbai, the price of 10 gms of 22K and 24K gold stood at ₹54,100 and ₹59,020.
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Here are the gold prices for major Indian cities on June 24.
CITY | 22K GOLD PRICE (Rs/10 GM) | 24K GOLD PRICE (Rs/10 GM) |
KOLKATA | 54,100 | 59,020 |
CHENNAI | 54,450 | 59,400 |
BENGALURU | 54,150 | 59,070 |
HYDERABAD | 54,100 | 59,020 |
LUCKNOW | 54,250 | 59,170 |
Gold prices in India depend on various factors including currency, international rates and government policies. If the rupee slides against the US dollar, the gold price will increase.
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Silver
The price of silver decreased by 40 paise on Saturday. According to website Goodreturns, one gram of silver costs ₹71.10. In Delhi, Mumbai and Kolkata, ten grams of silver were priced at ₹711. In Chennai, 10 gms of silve cost ₹740.
In India, the price of silver is determined by factors like gold rates, industrial demand, bulk purchases, inflation etc. If the price of gold increases, the silver price will also increase.