Gold Price Declines ₹500, Silver Slumps ₹1: Check Latest Prices

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Gold prices in India witnessed a decline of ₹50 with a gram of 22 carat gold costing ₹5,480 compared to ₹5,530 on Monday, according to figures by Goodreturns.

Prices of eight grams and 10 grams of 22 carat gold have also declined ₹400 and ₹500, now costing at ₹43,840 and ₹54,800 repectively.

The price of 24 carat gold also slumped on Tuesday. One gram of 24k gold is priced at ₹5,978 while eight grams and 10 grams are priced at ₹47,824 and ₹59,780 respectively. The price of 100 grams of 24-carat gold is ₹5,97,800.

The prices of one gram, eight grams, 10 grams and 100 grams of 24-carat gold have declined by ₹54, ₹432, ₹540, and ₹5,400 respectively from Monday, according to Goodreturns.

Meanwhile, the prices of silver also saw a marginal decline On Tuesday. A gram of silver is priced at ₹72 compared to ₹72.10 on Monday. Similarly, eight grams of silver is priced at ₹576, with a decrease of ₹0.80. The price of 10 grams of silver is available at ₹720 while one kg of silver will cost ₹72,000, with a slump of ₹100 from yesterday’ price, Goodreturns said.

Here are the gold and silver prices of top Indian cities on Tuesday:

CITY GOLD                 22 CARAT (Rs/ 10 GRAM)     SILVER (Rs/10 GRAM)
DELHI                         54,950                                        720
MUMBAI                    54,800                                        720
KOLKATA                   54,800                                       720
CHENNAI                   55,800                                       746
BENGALURU             54,850                                      746

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