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Gold prices today: Rs 48,575 per 10 gm; silver falls to Rs 48,505
Gold prices today: Rs 48,575 per 10 gm; silver falls to Rs 48,505
Gold on Thursday continued its upward trend as fears about the coronavirus pandemic dented market sentiments. Gold prices
stood at Rs 48,575 per 10 gram from Rs 48,482 while prices of silver
dropped to Rs 48,505 from Rs 48,792 per kg, according to Indian Bullion
and Jewellers Association.
The prices of gold jewellery vary across India — the second-largest consumer of the metal — due to excise duty, state taxes, and making charges.
In New Delhi, the price of 22-carat gold is about Rs 47,050 per 10
gram, while price of 24-carat is retailing at Rs 48,250 on Thursday. In
Chennai it is Rs 46,350 for 22-carat while price of 24-carat is at Rs
50,560. In Mumbai, 22-carat is priced at Rs 47,400 and the price for
24-carat has inched up to Rs 48,400.
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