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Gold prices in India today see a massive decline

Gold prices in India today see a massive decline

Gold prices in India today incurred a decline. Gold 24-carat now stood at ₹7783.3 per gram after it fell by ₹10.0. Similarly, 22-carat gold has recorded a rate of ₹7136.3 grams and also saw a fall of ₹10.0. The rise of gold values has been falling – the last week has seen a decline of 0.58%. Within a month, it shows a significant decline of 5.64%.

Gold prices in India today across various cities

Even in Delhi, it has come down to ₹77833.0, for 10 grams from yesterday at ₹77853.0. The last week’s price was ₹77403.0. So, when compared, there is a small hike in the rate which goes on quite erratically. Silver rates have also been subdued – at ₹100000.0 per kilogram from ₹100.0 decline in the previous rate.

Gold price in India today in Chennai city – The yellow metal prices fell a tad in India on Saturday. Ten grams of gold is costing ₹ 77681.0 compared to ₹ 77701.0 on Saturday. Week-on-week, the price last week was ₹ 77251.0. Silver prices shot up sky-high. On Tuesday, the price of kilogram silver surged to ₹ 105600.0 against ₹ 103600.0 recorded the day before.

The current gold price in Mumbai is ₹77687.0 per 10 grams, which is nearly a drop on yesterday’s market rate of ₹77707.0. The silver price currently is quoted at ₹99300.0 per kilogram as against ₹97300.0 yesterday.

In Kolkata, today’s gold price has been steady at ₹77685.0 per 10 grams. It has reduced by ₹20.0 from yesterday’s trading of ₹77705.0. While the silver price is prevalent at ₹100800.0 per kilogram, which is way higher than the previous day’s rate of ₹98800.0.

Demand, currency values, and generally speaking economic conditions around the world do tell on the Indian gold price today.

Also, see: How much do Indian farmers earn for fruits and vegetables in the supply chain?

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I'm Ved Prakash, Founder & Editor @Newsblare Media, specialised in Business and Finance niches who writes content for reputed publication such as Investing.com, Stockhouse.com, Motley Fool Singapore, etc. I'm the contributor of different... news sites that have widened my views on the current happenings in the world.

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