Gold and silver prices on August 31: What are latest rates for your city?

Here is how much you must pay for gold (22K and 24K) and silver, today.

Published on: Aug 31, 2023, 09:14:45 IST

By HT News Desk, New Delhi

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On Thursday, the daily prices of gold are unchanged from the previous day, according to the Goodreturns website. While one gram of 22-carat (K) gold is available for ₹5500, eight gram comes for ₹44,000; for 10 gram and 100 gram, buyers must pay ₹55,000 and ₹5,50,000, respectively.

Similarly, one gram of 24K of the metal is priced at ₹6000, while eight gram, 10 gram, and 100 gram are at ₹48,000, ₹60,000, and ₹6,00,00, respectively.

What is a ‘carat’?

It stands for the percentage of pure gold in a jewellery item. 24K signifies near 100% (99.9%) purity, and 22K, around 91%.

Gold prices on August 31

City	22K Gold (price/10 gram)	24K Gold (price/10 gram)
Ahmedabad	₹55,050	₹60,050
Bengaluru, Hyderabad, Kolkata, Mumbai	₹55,000	₹60,000
Chennai	₹55,300	₹60,330
Delhi	₹55,150	₹60,150

It must be noted, however, that the gold rates mentioned above are only indicative, as these do not include GST, TCS, and other levies. Your local jeweller can tell you the exact rate for the day.

Silver prices on August 31

Thursday's silver prices, too, are unchanged from yesterday, as per Goodreturns. Therefore, one gram of silver is rated at ₹77.60, and eight gram, ₹620.80; for 10 gram, 100 gram, and 1 kilogram, people must pay ₹776 (for 10 gram), ₹7760 (100 gram) and ₹77,600 (1 kg).

City	Silver price (per 10 gram)
Ahmedabad, Delhi, Kolkata, Mumbai	₹776
Bengaluru	₹767.50
Chennai, Hyderabad	₹807

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HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

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