Gold Becomes Cheaper Across India as Prices Drop Rs 19,500 today
The price of 24-carat gold dropped by Rs 19,500 per 100 grams, while 22-carat gold also registered a significant fall.
Good news for those planning to buy gold and silver. Gold and silver prices have witnessed a significant decline across India on June 23. The price of 24-carat gold dropped by Rs 19,500 per 100 grams, while 22-carat gold also registered a significant fall. The decline comes after a sustained rally in precious metal prices over the past few weeks.
After rising for several days, gold prices have now dropped by around Rs 1,950 per 10 grams. Silver prices have also declined. The fall is attributed to weakness in international markets and the strengthening of the US dollar, which has impacted domestic bullion prices.
Gold Rates Today (June 23):
Purity Price per Gram Price per 10 Grams
24 Carat Gold – Rs 14,591 – Rs 1,45,910
22 Carat Gold – Rs 13,375 – Rs 1,33,750
18 Carat Gold – Rs 10,944 – Rs 1,09,440
Silver Rates Today:
Silver Price per Gram: Rs 245
Silver Price per 100 Grams: Rs 24,500
Gold and Silver Prices in Bengaluru:
24-Carat Gold (1 gram): Rs 14,591
22-Carat Gold (1 gram): Rs 13,375
Silver (1 gram): Rs 245
Silver (100 grams): Rs 24,500
22-Carat Gold Prices in Major Cities (Per Gram):
Bengaluru – Rs 13,375
Chennai – Rs 13,560
Mumbai – Rs 13,375
Delhi – Rs 13,390
Kolkata – Rs 13,375
Kerala – Rs 13,375
Ahmedabad – Rs 13,380
Jaipur – Rs 13,390
Lucknow – Rs 13,390
Bhubaneswar – Rs 13,375
Silver Prices in Major Cities (Per Gram):
The silver price in Bengaluru is Rs 245 per gram. The price in Chennai is Rs 250 per gram. In Mumbai, silver is priced at Rs 245 per gram, while in Delhi it stands at Rs 245 per gram. The silver rate in Kolkata is Rs 245 per gram, whereas in Kerala it is Rs 250 per gram.
Ahmedabad records a silver price of Rs 245 per gram, and Jaipur also has a rate of Rs 245 per gram. In Lucknow, silver is priced at Rs 245 per gram. The rate in Bhubaneswar is Rs 250 per gram, while in Pune silver is available at Rs 245 per gram.
Gold prices in the global market have dropped by more than 2 percent. A stronger US dollar, expectations regarding interest rates, and a cautious approach by investors have put pressure on precious metal prices. As a result, gold and silver rates have also declined in the Indian market. The final price at local jewellery stores may vary due to GST, making charges, and other applicable fees.
