Gold-Silver price today (12-06-2024): Gold rate dips to Rs.7280.2 per gm, Silver rate at Rs.87880.0 per kg

On Wednesday, there was a slight decline in gold prices. The price per gram of 24 carat gold is Rs. 7280.2, which is Rs. 225.0 less.22-carat gold is now priced at Rs. 6668.7 per gm, a drop of Rs. 205.0.

In the last week, there has been a 0.0% shift in the price of 24 carat gold. As opposed to the previous month, when it was 0.05%.

On the other hand, silver costs Rs. 87880.0 per kg, which is down by Rs.1230.0 per kg.

Gold and silver prices in major cities

CITY	GOLD (per 10 grams, 22 carats)	SILVER (per kg)
NEW DELHI	Rs 66,300	Rs 91,300
MUMBAI	Rs 66,150	Rs 91,300
KOLKATA	Rs 66,150	Rs 91,300
CHENNAI	Rs 66,800	Rs 95,800

 

Indian gold prices have been trading at a discount to international prices for five weeks in a row, indicating weak demand in the world’s second largest bullion consumer, while the Perth Mint’s gold product sales fell 30% month on month in May.

The price of gold varies by region in the country, depending on characteristics such as excise duty, manufacturing costs and state taxes.

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.