The price of gold increased on Friday with the cost of one gram of 22 carat gold increasing to ₹5,510 from yesterday’s ₹5,470 , as per the figures released by Goodreturns. Accordingly, the prices of eight grams and 10 grams of 22K gold also increased to ₹44,080 and ₹55,100 from the previous day figures, respectively.
The price of 24 carat gold also recorded an increase on Friday with one gram of 24-carat gold being priced at ₹6,011 while eight grams and 10 grams are priced at ₹48,088 and ₹60,110 respectively.
Meanwhile, the prices of silver remained unchnaged from the previous day’s figures. A gram of silver is priced at ₹73.10 while, the price of eight grams of silver stood at ₹584.80. Ten grams of silver is available at ₹731 while one kg of silver will cost ₹73,100, Goodreturns said.
| CITY | GOLD 22K (Rs/10 GRAM) | SILVER (Rs/10 GRAM) |
| DELHI | 55,250 | 731 |
| MUMBAI | 55,100 | 731 |
| KOLKATA | 55,100 | 731 |
| CHENNAI | 55,420 | 785 |
| BENGALURU | 55,150 | 730 |
In India, the gold prices are sourced from reputed jewellers and are based on factors including global demand, currency, interest rates and government policies.
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Last month, the 22k gold achieved the highest rate of ₹57,200 on May 5, while 24k of gold was priced at ₹62,400 on the same day. The lowest rate in the month for 22k gold was recorded at ₹55,450 on May 30 while 24k gold was priced at ₹60,490 on the same day.
