Gold and Silver Price in India Today: The prices of Gold and Silver have fallen again for the second day on Friday. The sudden fall is said to be because of the COVID-19 vaccination drive in India.
As per the Multi-Commodity Exchange (MCX), Gold futures is lower by 0.24 percent at Rs 49,104 for 10 grams at 09:20 hours while the Silver futures have also fallen by 0.75 percent lower or Rs 503 at Rs 66,145 per kg.
According to the experts, the investors should buy gold on dips towards Rs 49,000 for an initial upside target of Rs 49,500.
Gold and Silver price is different across India due to excise duty, state taxes, and making changes. In New Delhi, the gold price of 22-carat gold is Rs 48,350 per 10 gm while in Chennai it has fallen to Rs 46,600. In Mumbai, the rate was Rs 48,430.
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Earlier on Thursday, the Gold futures had fallen by 0.9 percent to Rs 48,860 per 10 gram.
Meanwhile, it is pertinent to mention that the COVID-19 vaccination drive in India is going to begin on January 16.
22 Carat Gold Price Per Gram in India
|Gram||22 Carat GoldToday||22 Carat Gold
|1 gram||₹ 4,842||₹ 4,843|
|8 gram||₹ 38,736||₹ 38,744|
|10 gram||₹ 48,420||₹ 48,430|
|100 gram||₹ 4,84,200||₹ 4,84,300|
24 Carat Gold Rate Per Gram in India
|Gram||24 Carat Gold
|24 Carat Gold
|1 gram||₹ 4,942||₹ 4,943|
|8 gram||₹ 39,536||₹ 39,544|
|10 gram||₹ 49,420||₹ 49,430|
|100 gram||₹ 4,94,200||₹ 4,94,300|
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