The price of 10 grams of 24-carat gold today, 7 July stands at Rs 51,930, following a decline of Rs 540 from yesterday’s selling price of Rs 52,470. One kilo of silver is valued at Rs 56,900, after witnessing a fall of Rs 2000 from yesterday's procuring value of Rs 56,900.
The rate of gold is impacted daily due to a number of factors like excise duty, state taxes, and making charges. Here are the gold rates from different cities across India on Thursday:
According to the Good Returns website, 10 grams of 22-carat gold in Kolkata, Mumbai, and New Delhi is being traded at Rs 47,600. Whereas in Chennai, the same quantity of the much-desired metal is available at Rs 47,400.
However, the 24-carat gold rates for 10 grams of the metal in New Delhi, Kolkata and Mumbai are at Rs 51,930. The same amount of 24-carat purity is being bought and sold in Chennai for Rs 51,710.
In Pune and Coimbatore, 10 grams of 22-carat gold stands at Rs 47,650 and Rs 47,400 respectively. The same quantity of 24-carat purity is priced at Rs 51,980 in Pune and Rs 51,710 in Coimbatore.
In Kerala and Hyderabad, 10 grams of 22-carat gold is being marketed at Rs 47,600 and in Bengaluru, Mangalore, Mysore, and in Bhubaneswar, the same amount is available at Rs 47,630. However, 10 grams of 24-carat gold in Kerala and Hyderabad is vended at Rs 51,930. In Bengaluru, Mangalore, Mysore, and Bhubaneswar, the same amount of 24-carat gold is being procured at Rs 51,960.
In Patna and Jaipur, 10 grams of 22-carat gold is being bought and sold at Rs 47,650 and Rs 47,750 respectively. The same quantity of 24-carat purity is available at a price of Rs 51,980 in Patna and Rs 52,080 in Jaipur.
In Nashik and Chandigarh, 10 grams of 22-carat gold is being traded at Rs 47,650, and Rs 47,750 respectively. The same quantity of 24-carat purity is being procured at Rs 51,980 in Nashik and Rs 52,080 in Chandigarh.
As per the updated Multi Commodity Exchange (MCX) list, gold futures - which are set to mature on 5 August this year - declined by 1.56 percent to Rs 50,500.00. Silver futures, which are set to mature on 5 September, also fell by 0.20 percent to settle at Rs 56,750.00.
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