On Friday, while gold prices are trading on the lower side, silver is retailing on the higher side of the Multi Commodity Exchange (MCX).
Gold futures, maturing on October 5, 2022, stand at Rs 50,470 per 10 grams, recording a marginal dip of Rs 48 or 0.10 per cent. The previous close was recorded at Rs 50,506.
Similarly, silver futures, maturing on December 5, 2022, witnessed a hike of Rs 164 or 0.30 per cent and were retailing at Rs 54,165 per kg on the MCX against the previous close of Rs 54,027.
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GOLD AND SILVER PRICES
| CITY | GOLD (per 10 grams, 22 carats) | SILVER (per kg) |
| NEW DELHI | Rs 46,540 | Rs 54,050 |
| BANGALORE | Rs 46,440 | Rs 59,500 |
| MUMBAI | Rs 46,390 | Rs 54,050 |
| CHENNAI | Rs 47,240 | Rs 59,500 |
In India, the rate of gold jewellery varies across the country due to taxes imposed by states, excise duty and varying making charges.
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