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New Delhi: Gold and silver prices remain volatile amid ongoing uncertainty and global developments in the international market. There is movement in the prices of both in the domestic market also. There was a slight decline in gold prices on the Multi Commodity Exchange (MCX), while silver prices remained strong.
On MCX, gold for August delivery opened at Rs 1,43,882 per 10 grams, which was Rs 548 less than the previous closing price. During trading, gold reached a low of Rs 1,43,771, while its highest level was Rs 1,44,448.
Whereas silver for September delivery performed better. During trading its price reached Rs 2,32,339 per kg. Later it continued to trade around Rs 2,30,790 per kg.
Delhi
24 carat: Rs 14,716 per gram
22 carat: Rs 13,491 per gram
18 carat: Rs 11,041 per gram
Mumbai
24 carat: Rs 14,701 per gram
22 carat: Rs 13,476 per gram
18 carat: Rs 11,026 per gram
Chennai
24 carat: Rs 14,957 per gram
22 carat: Rs13,701 per gram
18 carat: Rs11,441 per gram
Kolkata
24 carat: Rs 14,701 per gram
22 carat: Rs 13,476 per gram
18 carat: Rs11,026 per gram
The price of 24 carat gold in Bengaluru, Hyderabad, Kerala and Pune is Rs 14,701 per gram. Whereas in Vadodara and Ahmedabad, 24 carat gold is being sold at Rs 14,706 per gram.
Purity price of 10 grams
A slight increase has also been registered in the prices of silver in the country.
In Chennai, Hyderabad and Kerala, the price of silver is Rs 2,60,100 per kg, while in Delhi, Mumbai, Kolkata, Pune, Ahmedabad and Vadodara it is trading at Rs 2,50,100 per kg.
Gold and silver prices change for many reasons. Demand and supply in the international market, strength of the dollar, global economic conditions, buying by investors and increased demand during festivals have a direct impact on domestic prices. This is the reason why changes in their prices are seen daily.