Prices of gold and silver in India see drop: Check latest rates

The prices of gold are sourced from some of the reputed jewellers in India. The prices are determined by a range of factors including the strength of the Rupee against US dollars.

Updated on: Oct 16, 2022, 11:26:45 IST

By HT News Desk | Written by Harshit Sabarwal, New Delhi

Prefer HTon Google

Share via

Copy link

Gold prices in India came down on Sunday with one gram of 22-carat gold available at ₹4,620 compared to ₹4,675 yesterday, according to a report by Goodreturns. Similarly, 10 grams of 22-carat gold saw a reduction in its price on Sunday at ₹46,200 compared to ₹46,750 on Saturday.

The prices of gold are sourced from some of the reputed jewellers in India. (Representative image)

Eight grams of 22-carat gold is available for ₹39,960.

When it comes to 24-carat gold, the price of a gram of this precious metal is reduced to ₹5,040. Ten grams of 24-carat gold is currently available at ₹50,400, the data by good returns on Sunday showed.

Here are the latest prices of gold in some of the major cities of India:

City	Price of Gold (22-carat)	Price of Gold (24-carat)
Delhi	₹46,350	₹50,550
Mumbai	₹46,200	₹50,400
Kolkata	₹46,200	₹50,400
Chennai	₹46,900	₹51,160
Ahmedabad	₹46,250	₹50,450

The prices of gold are sourced from some of the reputed jewellers in India. The prices are determined by a range of factors including the strength of the Rupee against US dollars. This means if the US dollar is strong, gold will become expensive in India.

Meanwhile, there was a reduction in the prices of silver in India as well. A gram of silver, which was priced at ₹57.30 on Saturday, is today available at ₹55.30.

Hundred grams of silver on Sunday is priced at ₹5,530 compared to ₹5,730 on Saturday. A kilogram of silver can be bought at ₹55,300 on Sunday compared to ₹57,300 the previous day.

ABOUT THE AUTHOR
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

Stay updated with the latest Business News, stock market updates, petrol and diesel prices, gold and silver rates, income tax updates and major developments from India and across the world.