Across the country, the daily prices of gold are unchanged on Friday, according to the Goodreturns website.
Therefore, one gram of 22-carat (K) gold is priced at ₹5515, and eight gram, at ₹44,120; for 10 gram and 100 gram, buyers must pay ₹55,150 and ₹5,51,500, respectively.
Similarly, one gram of 24K of the metal is available for ₹6016, while eight gram is at ₹48,128. The rates for 10 and 100 gram stand at ₹60,160 and 6,01,600, respectively.
A ‘carat,’ meanwhile, stands for the percentage of pure gold in a jewellery item. 24K signifies near 100% (99.9%) purity, and 22K, around 91%.
Gold prices on September 1
City | 22K Gold (price/10 gram) | 24K Gold (price/10 gram) |
Ahmedabad | ₹55,200 | ₹60,210 |
Bengaluru, Hyderabad, Kolkata, Mumbai | ₹55,150 | ₹60,160 |
Chennai | ₹55,450 | ₹60,490 |
Delhi | ₹55,300 | ₹60,310 |
Customers must, however, note that the gold rates mentioned here are only indicative; these do not include GST, TCS, and other levies. Only your local jeweller can give you the exact rates.
Silver prices on September 1
Meanwhile, silver, too, has the same price as on the previous day, as per Goodreturns. It is, therefore, priced at ₹77.60 for one gram, ₹620.80 for eight gram, ₹776 (10 gram), ₹7760 (100 gram) and ₹77,600 (1 kilogram).