Gold and silver prices on August 18: Check latest rates in your city


Gold and silver prices: 10 grams of 22-carat gold is now priced at ₹54,250 in Delhi on Friday.


Gold and silver prices in India remained unchanged on Friday. 

The cost of 22-carat gold is 5,410 per gram. For larger quantities, 8 grams and 10 grams of 22-carat gold were priced at 43,280 and 54,100 respectively. Notably, the price for 100 grams of 22-carat gold stood at 5,41,000.

A similar trend was observed in the prices of 24-carat gold, with one gram valued at 5,902.

Silver prices also registered a gain of 1,000 per kg, thus one kilogram of silver is priced at 73,500 on the national scale.


City
Gold (Rs/10grams)
Silver (Rs /kg)
New Delhi
54,250
73,500
Chennai
54,550
76,700
Kolkata
54,100
73,500
Mumbai
54,100
73,500

These price fluctuations are influenced by various factors, including insights from reputable jewelers. Factors such as global demand for gold, currency valuations across different nations, prevailing interest rates, and governmental regulations related to gold trade contribute to these shifts. Moreover, global events like the health of the global economy and the strength of the US dollar against other currencies also impact gold prices in the Indian market.

Source-Hindustan Times

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