Gold and silver prices have once again taken a toll and have decreased by about RS 10. The gold price has slipped from Rs 48,330 to Rs 48,320 for 10 grams of gold and the silver price remained stable per kg. Analysing the trend of gold price in India over the last few days, we can see the gold price has been decreasing daily.
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 lower at Rs 48,080 per 10 gram, in Chennai, it fell to Rs 46,530 in Mumbai the rates were a little higher at Rs 48,320. In Chennai, for 24-carat gold the price is Rs 50,780. Similarly, the cheapest city to buy gold from today would Bengaluru, Hyderabad, Kerala, Mangalore, Mysore and more places with 22-carat rate being Rs 45,930 and 24-carat gold price being Rs 50,110.
In the past one week, from January 20th onwards, the gold rate has risen from Rs 48,100 to today’s rate being Rs 48,320. On January 21st the rate increased by Rs 500 to Rs 48,600 but then there was a fall in the amount, and for consecutive 5 days the gold price has slipped.
On January 22nd the price was Rs 48,550 (fell by Rs 50) January 23rd the price Rs 48,340 (fell by Rs 210), January 24th price was Rs 48,330 (fell by Rs 10) and today in January 25th the price once again fell by Rs 10.