Gold and silver prices on August 8: Check latest rates in your city

Gold and silver prices: 10 grams of 22-carat gold is now priced at ₹55,200 in Delhi on Tuesday.

Published on: Aug 8, 2023, 10:22:17 IST

By HT News Desk

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Gold and silver prices in India saw a slight drop on Tuesday. One gram of 22-carat gold dropped ₹10 per gram at is priced at ₹5,505. For 8 grams and 10 grams of 22-carat gold, the prices were ₹44,040 and ₹55,050. The cost for 100 grams of 22-carat gold was ₹5,50,500.

The price of 24-carat gold also saw a similar trend and one gram is priced at ₹6,006.

Silver prices maintained the same trend as gold, with one kilogram priced at ₹74,000, registering a ₹1000 drop on the national level.

City	Gold (Rs/10gram)	Silver (Rs/1kg)
Chennai	55,400	77,300
Mumbai	55,050	74,000
Delhi	55,200	74,000
Kolkata	55,050	74,000

These prices are decided by different parameters, like what respected jewellers say. The prices are influenced by factors such as how much people around the world want gold, the value of money in different countries, interest rates, and rules the government makes about gold. Things happening globally, such as how well the world economy is doing and how strong the US dollar is compared to other money, also affect the prices of gold in India.

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HT News Desk
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