Gold prices in India are determined on numerous factors including currency, global demand, interest rates and government policies.
On Monday, the price of 22 and 24-carat (K) gold is unchanged from the previous day, according to the website Goodreturns. Therefore, one gram of 22K gold comes for ₹5315, and 24K, for ₹5798. On the other hand, eight gram is priced at ₹42,520 (22K) and ₹46,384 (24K), while 10 gram and 100 gram are available for ₹53,150 and ₹5,31,500 (22K) and ₹57,980 and ₹5,79,800 (24K).
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City | 22K Gold (price/10 gram) | 24K Gold (price/10 gram) |
Ahmedabad | ₹53,200 | ₹58,030 |
Bengaluru, Hyderabad, Kolkata, Mumbai | ₹53,150 | ₹57,980 |
Chennai | ₹53,700 | ₹58,580 |
Delhi | ₹53,300 | ₹58,130 |
Buyers must note that the gold rates mentioned here are only indicative; these do not include GST, TCS and other levies. Only a local jeweller can give you the exact daily rate.
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What is a ‘carat’?
This is a term used to measure the purity of the yellow metal in a jewellery item. 24K gold is ‘pure’ as it is in liquid form and has a purity of 99%.
Silver prices
Meanwhile, for silver, too, there is no change in the metal’s daily price, as per Goodreturns. One gram, eight gram, 10 gram, 100 gram, and 1 kilogram of silver, therefore, come for ₹72.10, ₹576.80, ₹721, ₹7210, and ₹72,100, respectively.
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City | Silver price (per 10 gram) |
Ahmedabad, Delhi, Kolkata, Mumbai | ₹721 |
Bengaluru | ₹690 |
Chennai, Hyderabad | ₹750 |