Gold Silver Rates Today: Read through the article to know about rates of gold in different cities. Have a look at Gold, Silver Rates Today 2 August 2023: Check Prices in Mumbai, Delhi, Chennai, Kolkata.
The price of silver in India right now is affected by a variety of variables. These include the price of the precious metal in other countries. The movement of the world markets is a major influence on silver prices in India. We now want to say that the prices of goods and silver move essentially in lockstep. What we’re trying to say is that as gold prices rise, so do silver prices. However, as silver prices increase, gold prices follow suit. Overall, there are a lot of other things that can affect how much silver costs in India per gramme. These also include changes in interest rates and national inflation trends. Why is silver cheaper in India? Throughout contemporary history, silver has been valued lower than gold.
One gramme of 22K gold cost, on average, $5,510.
Prices for 24 karat gold were $6,011.
1 kg of silver cost, on average, 77,300.
During Wednesday’s early activity on the Multi Commodity Exchange, the price of gold and silver both increased.
The average cost per gramme of 22K gold was $5,510, while that of 24K gold was $6,011.
Gold Silver Rates Today in different cities
Chennai had the highest price for 10 grammes of 24K gold at 60,550, followed by Delhi and Lucknow with 60,260.
The average cost of 10 grammes of silver was $773, and the price of 1 kilogramme of silver was $77,300.
However, silver was priced at 77,300 in Mumbai, Delhi, and Kolkata, while it was 80,300 in Chennai, Hyderabad, and Kerala.
Today, August 2, the price of 24 karat gold in major Indian cities is 10 g.
Delhi – ₹60,260
Bangalore: 60,550
Bangalore: 60,110
Kolkata: 60,110
Today, August 2, 1 KG Silver Rate in Major Indian Cities
Delhi – ₹77,300
Chennai – 80,300
India – 77,300
Kolkata – 78,00
Bangalore: 76,500
These prices are not fixed as they keep changing daily. It merely depends on the international prices.
