Gold, silver prices on May 31: Check latest rates in your city

Gold, silver prices: The price of 24 carat gold also declined with one gram of 24k gold available at ₹6,049.

Published on: May 31, 2023, 10:06:30 IST

By HT News Desk

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The price of gold declined on Wednesday as the previous day's figures, according to Goodreturns. The cost of one gram of 22 carat gold declined by ₹10 to ₹5,545 while, eight gram's price stands at ₹44,360 and 10 gram of 22K gold is available at ₹55,450.

The price of 24 carat gold also declined with one gram of 24k gold available at ₹6,049. Eight grams and 10 grams are priced at ₹48,392 and ₹60,490 respectively. The price of 100 grams of 24-carat gold is ₹6,04,900.

Meanwhile, the prices of silver increased as compared to Tuesday's figures. A gram of silver is priced at ₹76.80 while, eight grams of silver is priced at ₹614.40. 10 grams of silver is available at ₹768 while one kg of silver will cost ₹76,800.

CITY	GOLD 22K (Rs/10 GRAM)	SILVER (Rs/10 GRAM)
DELHI	56,000	728
MUMBAI	55,850	768
KOLKATA	55,850	728
CHENNAI	56,450	768
BENGALURU	55,900	728

Gold prices in India are sourced from some of the reputed jewellers and it dependent on the markets. The prices are determined by a range of factors including volatile policies, slowing economic growth and the strength of the Rupee against US dollar.

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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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