The prices of gold remained stable on Friday as compared to the previous day, according to Goodreturns. However, there was a marginal decrease in the prices of silver. As per the latest rates, the cost of 22K gold per gram is ₹5,595, while the price of 24K gold per gram is ₹6,104. The rate of 8 grams of 22K gold stands at ₹44,760, whereas 24K gold can be purchased at ₹48,832 for the same quantity. For those who wish to buy 10 grams of 22K gold, the price stands at ₹55,950, and the cost of 24K gold is ₹61,040.
Overall, the Goodreturns data said that the price of silver per gram on Friday was recorded at ₹76.20, which is a mere decrease of ₹0.3 when compared to the previous day’s rate. For those interested in purchasing silver, 8 grams of silver can be bought at a cost of ₹609.60. The price of 100 grams of silver was recorded at ₹7,620.
It’s important to note that the rates mentioned above do not include taxes such as GST, TCS, and local levies. Therefore, customers are advised to contact their local jewellers to get the actual rates, including all applicable taxes and charges. This will help customers to get a better understanding of the final price they will have to pay for purchasing gold or silver.
Gold prices in India are 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.