In comparison, there were no changes in the prices of silver on Sunday. The poor man’s gold was retailing at Rs 71,600 per kilogram in all major cities, including Delhi, Mumbai, Chennai and Bengaluru.
In the past two weeks, gold prices have remained weak. Historically speaking, gold is currently selling around Rs 7000 cheaper than its all-time high price of around Rs 56,000.
The positive US economic data is one of the major cause behind the dramatic fall in the prices of gold after it hit a record high in August 2020.
The 22 carat gold in Mumbai is retailing at Rs 48,310 per 10 grams. The 24-carat gold is selling at Rs 49,300 in the financial hub of India. Also Read: Hallmarking of Gold Jewellery to start from June 16: Check the hallmark signs before buying
The per 10-gram price of 22-carat gold and 24-carat gold in Chennai are Rs 46,160 and Rs 50,360, respectively. Coming to Kolkata, the 22-carat gold is selling at Rs 47,910 per 10 gram. The 24-carat gold is currently retailing at Rs 50,710 per 10 gram in the city of joy.
Gold prices in Indian cities:
City 22-carat gold price 24-carat gold price
Bangalore Rs 45,910 Rs 50,080
Hyderabad Rs 45,910 Rs 50,080
Pune Rs 48,310 Rs 49,950
Jaipur Rs 47,110 Rs 51,260
Lucknow Rs 47,110 Rs 51,260
Patna Rs 48,310 Rs 49,950
Chandigarh Rs 47,110 Rs 51,260
Surat Rs 48,210 Rs 50,210
– The data is sourced from Good Returns.