Gold prices in India saw a moderate drop of ₹30 per gram on Thursday with a gram of 22-carat gold costing ₹5,405, according to figures by Goodreturns. Prices of eight grams and 10 grams of the gold are ₹43, 240 and ₹54,050 respectively.
The price of 24-carat gold saw a drop of ₹22 per gram. One gram of 24k gold is priced at ₹5,896 while eight grams and 10 grams are priced at ₹47,168 and ₹58,960 respectively.
Meanwhile, the price of silver saw a ₹400 increase per kg on Thursday. One kg of silver is costing ₹71,900, Goodreturns said.
| CITY | Gold 22-carat (Rs/10 gram) | Silver (Rs/kg) |
| Delhi | 54,200 | 71,900 |
| Mumbai | 54,050 | 71,900 |
| Chennai | 54,460 | 75,700 |
| Kolkata | 54,050 | 71,900 |
Gold prices in India are gathered from reputable jewellers. They are determined by a variety of factors such as global demand, currency, interest rates, and government regulations. It is also affected by foreign variables such as global economic development, dollar strength against other currencies, and so on.
