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Conversion of gold and silver, cheapest in Delhi, most expensive in Chennai

Now the festival season has started. Dussehra is near. In such a situation, Indians will buy gold in more quantity. The same is the case with silver. It is getting costlier by Rs 4,400 and is doing business at Rs 57,400 per kg.

How is gold in other cities?

According to Good Returns in Mumbai, which is called the financial capital of India, today the price of gold is Rs 51,660 per 10 grams. The same rate is also in Kolkata, Hyderabad, Bhubaneshwar and Visakhapatnam. The price of gold in Delhi is Rs 51,820 per 10 grams. Whereas gold is trading today at Rs 52,100 per 10 grams in Chennai.

Silver is cheap in Delhi, expensive in Chennai

The cost of one kg of silver in Mumbai and Delhi is Rs 61,800. The same is the case with Kolkata, Jaipur, Pune, Ahmedabad, Patna and Lucknow. However, silver is trading at Rs 66,700 per kg in Chennai.

How was the condition of the market yesterday?

On Monday, the price of gold was seen in the Indian market by Rs 380, amid firming prices of precious metals in the global markets. Gold was trading at Rs 51,110 per 10 grams. At the same time, in the previous session, gold became cheaper by Rs 170 for the last time. Silver yesterday became costlier by Rs 500 and was trading at Rs 57,400 per kg.

India’s gold reserves also fell drastically

The country’s foreign exchange reserves fell by $ 8.134 billion to $ 537.518 billion for the week ended September 23, as the country’s foreign exchange reserves continued to decline. Foreign exchange reserves had declined by over $5.2 billion to $545.54 billion in the previous week. The central bank said that during the week under review, FCAs declined by $7.688 billion to $477.212 billion. In dollar terms, FCAs include the effect of appreciation or depreciation in non-US currencies such as the euro, pound and yen held in foreign exchange reserves. According to the data, the value of gold reserves has come down by $ 300 million to $ 37.886 billion.

Today’s gold rate

City 22K Today  ——  24K Today
Chennai 47,750 52,100
Mumbai 47,350 51,660
Delhi 47,500 51,820
Kolkata 47,350 51,660
Bangalore 47,400 51,710
Hyderabad 47,350 51,660
Kerala 47,350 51,660
Pune 47,380 51,690
Vadodara 47,380 51,690
Ahmedabad 47,400 51,710
Jaipur 47,500 51,820
Lucknow 47,500 51,820
Coimbatore 47,750 52,100
Madurai 47,750 52,100
Vijayawada 47,350 51,660
Patna 47,380 51,690
Nagpur 47,380 51,690
Chandigarh 47,500 51,820
Surat 47,400 51,710
Bhubaneswar 47,350 51,660
Mangalore 47,400 51,710
Visakhapatnam 47,350 51,660
Nashik 47,380 51,690
Mysore 47,400 51,710

Gold Rate  Last 10 Days (10 g)

Date 22K 24K
Oct 4, 2022 47,350 500 51,660 550 
Oct 3, 2022 46,850 350 51,110 380 
Oct 2, 2022 46,500 0 50,730 0 
Oct 1, 2022 46,500 -150 50,730 -170 
Sep 30, 2022 46,650 250 50,900 280 
Sep 29, 2022 46,400 600 50,620 650 
Sep 28, 2022 45,800 0 49,970 0 
Sep 27, 2022 45,800 -200 49,970 -230 
Sep 26, 2022 46,000 0 50,200 0 
Sep 25, 2022 46,000 0 50,200 0 
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