According to the GoodReturns website, gold prices jumped Rs 220 from yesterday’s closing during Wednesday’s early session, with ten kilos of 24-carat gold selling for Rs 60,000. Silver prices have also risen by Rs 100, with 1 kilogram of the precious metal now retailing for Rs 72,100.
The cost of ten grammes of 22-carat gold has increased by Rs 200 to Rs 55,000.
The price of ten grammes of 22-carat gold in Mumbai is Rs 55,000, which is the same as the price of gold in Kolkata and Hyderabad.
In Delhi, Bangalore, and Chennai, ten grams of 22-carat gold cost Rs 55,150, Rs 55,050, and Rs 55,700, respectively.
The price of ten grammes of 24-carat gold in Mumbai is Rs 60,000, which is the same as the price of gold in Kolkata and Hyderabad.
In Delhi, Bengaluru, and Chennai, ten grams of 24-carat gold cost Rs 60,150, Rs 60,050, and Rs 60,700, respectively.
On Wednesday, US gold prices rose as the dollar fell as investors focused on the Federal Reserve’s interest rate decision and policy outlook.
As of 00:36 GMT, spot gold was up 0.2% at $1,942.96 per ounce. Gold futures in the United States rose 0.3% to $1,946.20.
Spot silver increased by 0.3% to $22.43 per ounce, platinum increased by 0.4% to $972.53, and palladium increased by 1% to $1,401.54.
In Delhi, Mumbai, and Kolkata, one kilogram of silver costs Rs 72,100.
1 kilogram of silver costs Rs 74,700 in Bangalore, Chennai, and Hyderabad.