Gold, silver prices on May 19: Check latest rates in your city

Find out the rates for 22K and 24K gold, as well as silver, for the fifth day of the week.

Published on: May 19, 2023, 09:41:55 IST

By HT News Desk

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Gold prices on Friday remained more or less the same in India as compared to the previous day. According to Goodreturns, 10 gram of 22 carat gold was priced at ₹56,090 while the same amount of 24 carat gold costs ₹61,190.

A saleswoman shows gold bangles to a customer at a jewellery showroom in Kolkata, India. (REUTERS/ File)

Silver prices also remained the same as compared to Thursday as the price of 10 gram of the metal was ₹745.

Cities	Gold (24K/10gm)	Silver (per 10 gm)
Chennai	₹61,630	₹781
Mumbai	₹61,190	₹745
Delhi	₹61,350	₹745
Kolkata	₹61,190	₹745
Bengaluru	₹61,280	₹781
Hyderabad	₹61,190	₹781
Kerala	₹61,190	₹781
Pune	₹61,190	₹745
Vadodara	₹61,280	₹745

Factors determining silver price per 1 gram in India today

Among these include the international prices of the precious metal. In India silver prices largely takes cues from what is happening in the international markets. Now we wish to state that gold and silver prices move almost in tune with each other. What we mean is that when gold prices go higher, silver prices too rally.

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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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