Gold and silver prices on August 18: Check latest rates in your city

Gold and silver prices: 10 grams of 22-carat gold is now priced at ₹54,250 in Delhi on Friday.

Published on: Aug 18, 2023, 11:12:42 IST

By HT News Desk

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Gold and silver prices in India remained unchanged on Friday. The cost of 22-carat gold is ₹5,410 per gram. For larger quantities, 8 grams and 10 grams of 22-carat gold were priced at ₹43,280 and ₹54,100 respectively. Notably, the price for 100 grams of 22-carat gold stood at ₹5,41,000.

A similar trend was observed in the prices of 24-carat gold, with one gram valued at ₹5,902.

Silver prices also registered a gain of ₹1,000 per kg, thus one kilogram of silver is priced at ₹73,500 on the national scale.

City	Gold (Rs/10grams)	Silver (Rs/kg)
New Delhi	54,250	73,500
Chennai	54,550	76,700
Kolkata	54,100	73,500
Mumbai	54,100	73,500

These price fluctuations are influenced by various factors, including insights from reputable jewellers. Factors such as global demand for gold, currency valuations across different nations, prevailing interest rates, and governmental regulations related to gold trade contribute to these shifts. Moreover, global events like the health of the global economy and the strength of the US dollar against other currencies also impact gold prices in the Indian market.

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HT News Desk
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