The rates of gold witnessed a marginal decline on Tuesday, March 16 as the price of one gram of 22-carat gold decreased by Rs 3 to stand at Rs 4,384, compared to the earlier rate of Rs 4,387. As per the details available on Good Returns, the cost of 10 grams of 22-carat-gold fell by Rs 30 to Rs 43,840 from Rs 43,870 on the previous day. Similar to the rates of 22-carat gold, the price of 24 caratyellow metal also lost Rs 10 for 10 grams to stand at Rs 44,840 from Rs 44,870 on the previous day. However, on the contrary to gold prices, the rate of silver witnessed gains on Tuesday.
In major metro cities of the country, the rate of yellow metal changed observing the national market. Check the list below.
Delhi: The rate of 22-carat gold in the national capital stood at Rs 44,160 per 10 grams. While for the same quantity of 24-carat gold, it is at Rs 48,170.
Chennai: Those who are planning to buy gold jewellery or ornaments will have to pay Rs 42,290 per 10 grams for 22-carat gold while for 24-carat gold of the same quantity, the cost is Rs 46,130.
Kolkata: The rate of the yellow metal in Kolkata stood at Rs 44,300 for 10 grams while for 24-carat, it is Rs 46,940 per 10 grams.
Mumbai: The price of 22-carat gold per 10 grams in Mumbai is Rs 43,840, while the purchaser will have to pay Rs 44,840 per 10 grams for 24-carat gold.
International Price of Gold
In the international market, the rate of gold or yellow metal surged 0.10 percent to USD 1,732.80 per ounce on Tuesday. On the contrary, its performance in the last 30 days has decreased by 5.02 percent,which is equivalent to USD 91.50.
The rate of silver observed a nominal hike on Tuesday where for buying 10 grams of the metal, the purchaser will have to pay Rs 674 witnessing a gain of Rs 5 from the earlier rate of Rs 669.
Silver rates in Metro Cities
In major metro cities of the country like Delhi, Mumbai and Kolkata, the cost of silver stood at Rs 67,400 for one kilogram as the rate was the same in these cities. However, one will have to pay more for purchasing the metal in Chennai and Hyderabad that is Rs 71,700 for the same quantity.