Gold price on Friday, January 22, 2021, increased to Rs 49,600 from Rs 49,100, whereas in India the silver price was trading at Rs 67,700 per kg, according to the Good Returns website. This shows that the price of gold is increasing day by day after three consecutive days of gold price falling.
Internationally, the price of Gold saw a rise in prices and became strong as it rose to a two-week high on Thursday, January 21, 2021. With many conditions and factors affecting the gold price increase, some of them were- a hope for Joe Biden administration giving further stimulus and etc.
In India, the Gold jewellery price varies across The states with regards to excise duty, state taxes, and making changes. So let’s take a look at what the price of gold and silver is in the country.
In the national capital New Delhi, the price of 22-carat gold is at Rs 48,400 per 10 gm, while in Chennai it rose to Rs 46,910. The price of 24-carat gold in Chennai was Rs 51,180 per 10 gm. In Mumbai, the rate was Rs 48,600 according to the Good Returns website.