Bullion Bonanza: Gold and Silver Prices Dropping!

Key Takeaways:

• Gold and silver prices have decreased in the domestic bullion market.
• 24 carat gold is trading at Rs 72,640 to Rs 73,350 per 10 grams.
• 22 carat gold is selling at Rs 66,590 to Rs 67,240 per 10 grams.
• Silver prices have also dropped, with silver trading at Rs 91,600 per kilogram.

Gold and Silver Prices in the Domestic Market:

After a day of gains, the domestic bullion market has once again seen a downward trend with gold and silver prices dropping. Gold has become cheaper by Rs 220 to Rs 250 per 10 grams. Due to this decline, 24 carat gold is being traded at the level of Rs 72,640 to Rs 73,350 per 10 grams, while 22 carat gold is being sold at Rs 66,590 to Rs 67,240 per 10 grams.

Gold and Silver Prices in Major Cities:

In Delhi, 24 carat gold is being traded at Rs 72,790 per 10 grams, while in Mumbai, it is being sold at Rs 72,640 per 10 grams. In Chennai, the retail price of 24 carat gold is Rs 73,350 per 10 grams. Similar prices are observed in other major cities like Ahmedabad, Kolkata, and Lucknow.

Gold and Silver Prices in Other States:

In states like Karnataka, Telangana, and Odisha, the price of gold has also decreased. In Bangalore, Hyderabad, and Bhubaneswar, 24 carat gold is being traded at Rs 72,640 per 10 grams, while 22 carat gold is selling at Rs 66,590 per 10 grams.

FAQs:

1. Why have gold and silver prices decreased in the domestic bullion market?

The decrease in gold and silver prices is due to a downward trend in the market, leading to a drop in prices today.

2. What are the current prices of 24 carat gold in major cities like Delhi and Mumbai?

In Delhi, 24 carat gold is trading at Rs 72,790 per 10 grams, while in Mumbai, it is sold at Rs 72,640 per 10 grams.

3. How much has the price of silver fallen in the Delhi bullion market?

The price of silver has dropped by about Rs 2,500, bringing it to Rs 91,600 per kilogram in the Delhi bullion market.