The price of 10 grams of gold declined by Rs 390 on Saturday, with 24 karat gold trading at Rs 49,250 and 22 karat gold at Rs 45,150.
One kg of silver is selling at Rs 62,000, down Rs 1,200 from yesterday.
In Delhi, the price of 24 karat gold stands at Rs 49,300, while in Mumbai, it is at Rs 49,250, according to the Goodreturns website.
The price of 10 grams of 22 karat gold in Delhi and Mumbai is Rs 45,150.
In Chennai, 10 grams of 24 karat gold is selling for Rs 49,630 on Saturday, while 10 grams of 22 karat gold is selling for Rs 45,490.
The price of gold varies across the country due to excise duties, state taxes and manufacturing fees.
In Chennai, the price of 1 kg of silver is at Rs 66,300 today, while in Delhi and Mumbai, the metal is selling at Rs 62,000.
Silver sells for Rs 62,000 per kg in Kolkata, while in Hyderabad and Bengaluru, metal sells for Rs 66,300 per kg.
Business Standard has always endeavored to provide up-to-date information and commentary on developments that matter to you and that have wider political and economic implications for the country and the world. Your constant encouragement and feedback on how to improve our offering has only strengthened our resolve and commitment to these ideals. Even in these challenging times stemming from Covid-19, we remain committed to keeping you informed and updated with credible news, authoritative opinions and incisive commentary on relevant topical issues.
However, we have a request.
As we battle the economic impact of the pandemic, we need your support even more so that we can continue to bring you more great content. Our subscription model has received an encouraging response from many of you who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of bringing you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practice the journalism we are committed to.
Support quality journalism and subscribe to Business Standard.