Gold and silver prices decline in early trade

1 Sep 2022 , 09:39 AM

Early on Thursday, gold and silver prices dropped. 10 grams of 24-carat yellow metal were trading for Rs51,270, a reduction of Rs270. The price of silver, on the other hand, has decreased by Rs 3,200 to Rs50,800 per kg.

After falling by Rs250, ten grams of 22-carat gold are now retailing at Rs47,000. The price of 10 grams of 24-carat gold in Mumbai and Kolkata is Rs51,270, while the price of 10 grams of 22-carat gold is Rs47,000. 24- and 22-carat gold is now selling in Delhi for Rs51,440 and Rs47,150 per 10 gm, respectively.

Gold in Chennai is now selling for Rs51,860 for 24 carat and Rs47,540 for 22 carat. Silver was going for Rs50,800 a kilogram in Delhi, Mumbai, and Kolkata. Silver is being sold for Rs60,000 per kilogram in Chennai, Bengaluru, Hyderabad, and Kerala. Following a more than two-year low, spot silver prices decreased 0.8% to $17.83 per ounce.

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