Gold at Rs 1,43,570 per 10g on Diwali, check city rates

The Story in Brief

The price of 24-karat gold stood at Rs 1,43,570 per 10 grams across most major Indian cities on Diwali, Sunday, 8 November, with silver at Rs 2,05,000 per kilogram. The rate of 22-karat gold was Rs 1,31,600 per 10 grams, and 18-karat gold was priced at Rs 1,07,680 per 10 grams, according to Goodreturns.

Gold at Rs 1,43,570 per 10g on Diwali, check city rates

Delhi recorded slightly higher prices: 24-karat gold at Rs 1,43,600 per 10 grams, 22-karat at Rs 1,31,750 per 10 grams, and 18-karat at Rs 1,07,830 per 10 grams. Mumbai, Chennai, Hyderabad, Bengaluru and Kolkata all quoted the same rates. Silver was uniform at Rs 205 per gram across all five cities listed.

The final price of gold and silver jewellery may vary depending on making charges, taxes and individual jewellers.

Indian Opinion Analysis

The report gives a snapshot of bullion rates on a single day, with Delhi as the only outlier. Buyers face a uniform national price for silver, but gold shows a narrow city-level variation. The source leaves open how much making charges and local taxes add to the final jewellery price, which is the figure that actually determines a consumer's outlay. Those shopping on Diwali must confirm the final bill with their jeweller.


Source: hindustantimes.com

This brief was synthesised by AI from the source linked above. Methodology and corrections.

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