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Ten grams of 24-karat gold sold for Rs 48,070 on Saturday, up Rs 100 from yesterday. According to the Good Returns website, silver was priced at 63,600 rupees per kg.
The price of gold jewelry varies across India, the second largest consumer of the metal, due to consumption taxes, government taxes and fees. In New Delhi and Mumbai, 10 grams of 22-karat gold were sold for Rs 46,959 and 47,070, respectively. In Chennai, the yellow metal sold for 45,150 rupees, according to the website.
In New Delhi the price for 10 grams of 24-karat gold was 51,220 rupees. In Chennai it trades at Rs 49,260. The Mumbai price is Rs 48,070 according to the website, while in Calcutta it is Rs 49,950.
Silver traded at Rs 63,600 per kilogram on Saturday, up from Rs 62,200 in Friday’s trading session.
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