There has been a decline in the prices of gold and silver on Independence Day. On August 15, the price of gold in India was around Rs 70,000 per 10 grams. The price of the highest purity 24 carat gold is Rs 71,500 per 10 grams. People who buy jewelry buy 22 carat gold. Because it is known for its extra strength due to less amount of alloy. Today the price of 22 carat gold across the country is Rs 65,540 per 10 grams. Meanwhile, the price of silver is Rs 83,700 per kg.
Know the value of your city
City | 22 carat gold price | 24 carat gold price |
Delhi | 65,690 | 71,650 |
Mumbai | 65,540 | 71,500 |
Ahmedabad | 65,590 | 71,550 |
Chennai | 65,540 | 71,500 |
Lucknow | 65,690 | 71,650 |
Jaipur | 65,690 | 71,650 |
Hyderabad | 65,540 | 71,500 |
Bangalore | 65,540 | 71,500 |
Retail Gold Price in India
The retail price of gold in India, which reflects the final cost per unit weight to consumers, is determined by a number of factors rather than its intrinsic value. Gold is deeply ingrained in Indian culture, serving as a major investment and holding significant importance in traditional weddings and festivals. Investors and traders closely monitor these trends as market conditions change.
Gold and silver prices are stable in the international market as well. On Wednesday, the price of one ounce of gold was $2,464, but by Thursday it fell by $3 to $2,461. Currently, the price of one ounce of silver is $27.69.