Gold and silver prices witness dip ahead of Lok Sabha election results
The price of 24-carat gold dropped Rs 10 in early trade on Monday, with ten grams of the precious metal selling for Rs 72,540, as per the GoodReturns website. The price of silver also declined by Rs 100, with one kilogram selling for Rs 93,400.
The price of 22-carat gold dipped Rs 10, selling at Rs 66,490.
Gold and silver prices in major cities
CITY | GOLD (per 1 grams, 22 carats) | SILVER (per kg) |
NEW DELHI | Rs 6,625 | Rs 92,800 |
MUMBAI | Rs 6,610 | Rs 92,800 |
KOLKATA | Rs 6,610 | Rs 92,800 |
CHENNAI | Rs 6,666 | Rs 97,300 |
The price of gold and silver in India is determined by a variety of factors, including the rupee’s value against the dollar. Global demand is also a major factor that influences the trends in precious metal rates.
Disclaimer: The information provided in this article is for informational purposes only and should not be considered as financial advice. The data and figures presented are based on publicly available information and may be subject to change. Before making any investment decisions, it is recommended to conduct thorough research, consult with financial advisors, and consider your individual investment goals and risk tolerance. The author and publisher of this article do not assume any responsibility for any investment decisions made based on the information provided.