In an uneventful turn of events, the prices of gold and silver remained steady on Friday, as reported by the Goodreturns website. The price of one gram of 22-carat (K) gold continues to stand at ₹5515, while eight grams are available for ₹44,120. For those seeking 10 grams or 100 grams, the respective costs remain ₹55,150 and ₹5,51,500.
Similarly, the rate for one gram of 24K gold remains consistent at ₹6016, with eight grams priced at ₹48,128. Those interested in larger quantities will find the rates for 10 and 100 grams at ₹60,160 and ₹6,01,600, respectively.
It’s important to understand that the term ‘carat’ indicates the purity of gold in jewelry items. 24K signifies nearly 100% (99.9%) purity, while 22K represents around 91% purity.
Gold Price Highlights 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 It’s essential to note that the gold rates mentioned here serve as approximate values and do not include additional charges such as GST, TCS, and other applicable levies. For precise rates, consult your local jeweler.
Silver Price on September 1 Meanwhile, the price of silver mirrors the stability seen in gold, holding its value from the previous day, as per Goodreturns. The rate for one gram of silver remains at ₹77.60, while eight grams are priced at ₹620.80. Ten grams of silver cost ₹776, 100 grams are available for ₹7760, and for those looking to purchase a kilogram, the rate is ₹77,600.
City Silver (price/10 gram) Ahmedabad, Delhi, Kolkata, Mumbai ₹776 Bengaluru ₹765 Chennai, Hyderabad ₹807
Investors and enthusiasts alike can take solace in the stability of precious metal prices, as the market continues to provide consistent rates for both gold and silver.