The price of gold increased on Saturday, with the cost of 1 gram of 22 carat gold rising to ₹5,665 from yesterday’s rate of ₹5,610. Consequently, the price of 8 grams of 22 carat gold also rose to ₹45,320 from the earlier price of ₹44,880, indicating a difference of ₹440.
Additonally, the website stated that the cost of 100 grams of 22 carat gold was listed at ₹56,650 – ₹500 more compared to Friday.
Meanwhile, the price of 24 carat gold also increased, with one gram now available at ₹6,180 on Saturday from the previous day’s ₹6,120 price. The data showed that eight grams and 10 grams are priced today at ₹49,440 and ₹61,800. A 100 gram of 24 carat gold was available at ₹6,18,000, a ₹6,000 increase from the previous day’s figures.
According to the latest data released by Goodreturns, the price of silver increased on Saturday, with the cost of 1 gram of silver rising by ₹1.60 to ₹79.60. As a result, the prices of 10 and 100 grams of silver also increased to ₹796 and ₹7,960, respectively. The price of silver per kilogram also saw an increase of ₹1,600 since yesterday and has now been revised to ₹79,600.
| CITIES | GOLD 22 CARAT (Rs/10 GRAM) | SILVER (Rs/10 GRAM) |
| DELHI | 56,800 | 796 |
| MUMBAI | 56,650 | 796 |
| KOLKATA | 56,650 | 796 |
| CHENNAI | 57,300 | 830 |
| BENGALURU | 56,700 | 830 |
In India, the gold prices are sourced from reputed jewellers and are based on factors including global demand, currency, interest rates and government policies. It is also dependent on international factors like global economic growth, dollar strength against other currencies etc.
