Gold and Silver Price Today: Prices Go Down for a While – Monday, August 1




After a short-term gain, minted metals, primarily gold and silver, are down slightly. Gold prices fall by Rs 1,000 per 100 grams of 22 karat gold, Rs 1,100 per 100 grams of 24 karat gold, while silver faces a decline of Rs 40 per 100 grams. Read this article to know more about gold and silver prices in your city.




Coinage metals have always been among the staples of middle-class society. The supply and demand relationship plays a vital role in the fluctuation of gold and silver prices. The prices are comparatively higher in the southern states of India while they are cheap in the central, western and northern parts of India.




Taking four meters into account, Chennai has the most expensive gold at Rs 47,950 for 22 karat and Rs 52,300 for 24 karat, while Kolkata and Mumbai have the same prices at Rs 47,100 for 22 karat and Rs 51,380 for 24 karat gold. Furthermore, the price of gold ranges from Rs 47,100 to Rs 47,950 for 22 karat, and Rs 51,380 to 52,300 for 24 karat.




Silver prices range from Rs 580 to Rs 633 per 10 grams throughout India. While Chennai has the most expensive silver at Rs 633 per 10 grams, other states sell silver at Rs 580 per 10 grams. In the last 10 days, silver prices have fluctuated between Rs 551 and Rs 580 per 10 grams.




According to the Good Returns report, these are the prices of gold and silver in different cities in India. Have a look.




Gold and silver prices in the main places (per 10 grams)
































City


Gold (22 carat) Price (Rupees)


Gold (24 carat) Price (Rupees)


Silver price (rupees)


mumbai


47,100


51,380


580


Delhi


47,250


51,550


580


Calcutta


47,100


51,380


580


Chennai


47,950


52,300


633


Hyderabad


47,100


51,380


633


Bengaluru


47,150


51,430


633


Kerala


47,100


51,380


633


Fist


47,130


51,410


580


vadodara


47,130


51,410


580


lucky now


47,250


51,550


580


Jaipur


47,250


51,550


580


Ahmedabad


47,150


51,440


580


Madurai


47,950


52,300


633


Vijayawada


47,100


51,380


633


coimbatore


47,950


52,300


633


Bhubaneshwar


47,100


51,380


633


patna


47,130


51,410


580


Nagpur


47,130


51,410


580


chandigarh


47,250


51,550


580


surat


47,150


51,430


580


nashik


47,130


51,410


580


Mysore


47,150


51,430



Dear reader,

Business Standard has always strived to provide up-to-date information and commentary on developments that are of interest to you and have broader political and economic implications for the country and the world. Your constant encouragement and feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even during these challenging times stemming from Covid-19, we remain committed to keeping you informed and up-to-date with credible news, authoritative viewpoints, and incisive commentary on relevant current issues.
We, however, have a request.

As we grapple with the economic impact of the pandemic, we need your support even more so that we can continue to bring you more quality content. Our subscription model has seen an encouraging response from many of you who have subscribed to our online content. More subscriptions to our online content can only help us achieve our goals of bringing you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism we are committed to.

Support quality journalism and subscribe to Business Standard.

digital editor

Leave a Comment