Gold & Silver price January 29, 2021: Gold and silver prices after being stable for four consecutive days as per good returns website has fallen by Rs 1 per one gram, and Rs 10 for 10 grams of gold getting the price from yesterday’s Rs 47,800 to Rs 47,790 whereas for silver the price remained stable at Rs 66,000 per kg, fallen by Rs 200, as per the website.
The gold price had been increasing for one week before the price took a toll with back to back slips and decreased by hundreds of rupees. But after that, there was a ray of hope for gold price as the price remained stable for about 4 days. Now on January 28th, the gold price had fallen by Rs 330 to Rs 47,800.
Analysing the trend of gold price in India over the last few days, we can see the gold price has been decreasing daily, remained constant but today on January 29th, the gold price has dropped by Rs 10 for 10 grams of gold.
The prices of both gold and silver vary accordingly across the nations, and even state wise in India the prices due to exercise duty, sales tax and other taxes are different.
In New Delhi, the capital of India the price of 22-carat gold is cheaper than before at Rs 47,790, in Chennai, it rose by Rs 10 to Rs 46,180, in Mumbai the rates were a little higher at Rs 47,790. In Chennai, for 24-carat gold the price is Rs 50,580.
Prices in Chennai have risen by Rs 10. Similarly, the cheapest city to buy gold from today would Bengaluru, Hyderabad, Mangalore, Mysore and more places with 22-carat rate being Rs 45,640 and 24-carat gold price being Rs 49,790.
