As of today, gold prices across India show slight declines compared to yesterday. In the domestic market, 24 karat gold is priced at ₹13,057 per gram, down ₹1 from the previous day. 22 karat gold is available at ₹11,969 per gram, reflecting a minor decrease of ₹1, while 18 karat gold (also referred to as 999 gold) is trading at ₹9,793 per gram, down ₹1 from yesterday.

For larger quantities, the rates adjust proportionally. For instance, 8 grams of 24K gold cost ₹1,04,456, 10 grams are ₹1,30,570, and 100 grams are ₹13,05,700. Corresponding quantities for 22K gold are ₹95,752 (8 g), ₹1,19,690 (10 g), and ₹11,96,900 (100 g), while 18K gold is priced at ₹78,344 (8 g), ₹97,930 (10 g), and ₹9,79,300 (100 g). Each category has seen minor drops of ₹8–₹100 depending on the weight.

Gold prices vary slightly across Indian cities. In Chennai, 24K, 22K, and 18K gold are priced at ₹13,092, ₹12,001, and ₹9,901 per gram respectively. Mumbai, Delhi, Kolkata, Bangalore, Hyderabad, Kerala, and Pune report identical or near-identical rates of ₹13,057 (24K), ₹11,969 (22K), and ₹9,793 (18K) per gram. Vadodara and Ahmedabad show marginally higher rates for 24K and 22K gold at ₹13,062 and ₹11,974 per gram.

Specifically in Kozhikode, the prevailing rates align with the national standard: ₹13,057 per gram for 24K, ₹11,969 per gram for 22K, and ₹9,793 per gram for 18K. The market indicates stability, with only minor fluctuations from the previous day, suggesting consistent demand and supply dynamics across India.

Silver

As of today, the price of silver in India shows minor declines compared to yesterday. Silver is trading at ₹163.90 per gram and ₹1,63,900 per kilogram, reflecting a small drop of ₹0.10 per gram and ₹100 per kilogram from the previous day. Prices for larger quantities also follow proportional adjustments: 8 grams cost ₹1,311.20, 10 grams ₹1,639, 100 grams ₹16,390, and 1,000 grams (1 kilogram) ₹1,63,900. The decreases across different weights are minor, ranging from ₹0.80 to ₹100, suggesting stable market conditions.

The movement in silver prices is influenced by international market trends, as well as the exchange rate of the Indian rupee against the US dollar. If the rupee weakens while international silver prices remain steady, silver becomes costlier in India. Conversely, a strengthening rupee or a drop in global prices may reduce domestic rates.

Silver prices vary slightly across Indian cities. In Chennai, Hyderabad, and Kerala, 10 grams are priced at ₹1,819, 100 grams at ₹18,190, and 1 kilogram at ₹1,81,900, reflecting slightly higher rates compared to other regions. In major cities such as Mumbai, Delhi, Kolkata, Bangalore, Pune, Vadodara, and Ahmedabad, 10 grams cost ₹1,639, 100 grams ₹16,390, and 1 kilogram ₹1,63,900, indicating uniform pricing across these regions.

Specifically, in Kozhikode, silver prices are aligned with the higher end of the range: ₹181.90 per gram and ₹1,81,900 per kilogram. Overall, the market shows minimal fluctuations from the previous day, suggesting steady demand and supply conditions. Buyers and investors are advised to monitor both international silver trends and rupee-dollar movements, as these factors significantly impact domestic rates.

Markets and consumers are closely monitoring metal prices to make informed purchases and investments.(With inputs from Agencies)