During festive seasons, gold prices often see significant fluctuations. In the days leading up to festivals, the prices tend to rise after a period of decline. This surge in gold prices attracts numerous customers to crowded gold shops.
Price Hike Details
On October 22, the price of 22-carat gold increased by 200 rupees for 10 grams, reaching Rs 56,600. Similarly, 24-carat gold saw a hike of 220 rupees, making it Rs 61,750 for 10 grams.
City-wise Gold Prices
- Chennai
- 22 Carats: Rs 56,700 for 10 grams
- 24 Carats: Rs 61,850 for 10 grams
- Mumbai
- 22 Carats: Rs 56,600 for 10 grams
- 24 Carats: Rs 61,750 for 10 grams
- Delhi
- 22 Carats: Rs 56,750 for 10 grams
- 24 Carats: Rs 61,900 for 10 grams
- Kolkata
- 22 Carats: Rs 56,600 for 10 grams
- 24 Carats: Rs 61,750 for 10 grams
- Bengaluru
- 22 Carats: Rs 56,600 for 10 grams
- 24 Carats: Rs 61,750 for 10 grams
- Hyderabad
- 22 Carats: Rs 56,600 for 10 grams
- 24 Carats: Rs 61,750 for 10 grams
- Vijayawada
- 22 Carats: Rs 56,600 for 10 grams
- 24 Carats: Rs 61,750 for 10 grams
Silver Prices on the Rise
The price of silver has also experienced a significant increase, reaching up to 1200 rupees per kilo. Currently, the price of silver stands at Rs 75,300 per kilogram.