Gold and silver prices on August 4: Check latest rates in your city

Gold and silver prices: 10 grams of 22-carat gold is now priced at ₹55,350 on Friday.

Published on: Aug 4, 2023, 10:03:28 IST

By HT News Desk

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Gold prices in India showed no fluctuations, with a gram of 22-carat gold continuing to cost ₹5,495, as per the figures reported by Goodreturns. The eight grams and 10 grams of 22-carat gold is priced at ₹43,960 and ₹54,950, respectively. Similarly, the price of 100 grams of 22-carat gold remained steady at ₹5,49,500.

People can buy 10 gram and 100 gram of 22K gold for ₹54,950 and ₹54,9500, respectively. (REUTERS)

As for 24-carat gold, its price also remained stable compared to the previous day. Currently, 10 grams of 24-carat gold are priced at ₹59,950.

Additionally, the price of silver held steady on Friday, with one kilogram of silver still costing ₹75,300.

CITY	22 carat Gold (Rs/10 gram)	Silver (Rs/kg)
Delhi	55,350	75,000
Mumbai	54,950	75,000
Chennai	55,350	78,500
Kolkata	54,950	75,000

The gold prices in India are determined by reputed jewellers and are influenced by several factors. These include global demand for gold, currency fluctuations, prevailing interest rates, and government policies related to the precious metal. Moreover, international factors like global economic growth and the strength of the US dollar against other currencies also play a significant role in shaping the prices of gold in the country.

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HT News Desk
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