Gold and Silver prices on December 8: Check latest rates of your city here

According to GoodReturns, the price of 22-carat gold was at Rs 57,550 per gram; Rs 62,780 for 10 gm 24-carat gold and silver at Rs 77,200 per kg respectively.

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According to the GoodReturns, 22-carat gold prices in India are at Rs 5,755 per gram, while for 24-carat the price is at Rs 6,278 per gram on Friday.

On December 8, the price of 22-carat gold was at Rs 57,550 per gram; Rs 62,780 for 10 gm 24-carat gold and silver at Rs 77,200 per kg respectively, according to GoodReturns. At the same time, the silver rate was Rs 77 20 per gram whereas for 10 grams it was Rs 772.

Check rates of Gold and Silver here:

Cities

22-carat Gold (10 gm)

24-carat Gold (10 gm)

Silver (1 kg)

Delhi

57,700

62,930

77,200

Mumbai

57,550

62,780

77,200

Chennai

58,200

63,490

80,000

Kolkata

57,550

62,780

77,200

Bengaluru

57,550

62,780

76,000

Hyderabad

57,550

62,780

80,000

Kerala

57,550

62,780

80,000

Why is gold and silver crucial in India?

In a country where gold and silver have deep-rooted cultural and economic significance, keeping track of their rates is of paramount importance. Whether one is an investor, a bride-to-be, or someone who appreciates the allure of these precious metals, understanding the dynamics of gold and silver rates in India can be both fascinating and rewarding.