Gold prices fall again today: check latest rates in your city

Gold prices for both 22 and 24-carat weights have dipped marginally to Rs 46,250 and Rs 50,450, respectively in the domestic markets ahead of Diwali festival. Gold prices fall again today: check latest rates in your city. Gold prices fall again today: check latest rates in your city

On Friday, one gram of 22-carat gold is available at Rs 4,625. Meanwhile, an equal quantity of 24-carat gold is available at Rs 5,045. Silver prices touched Rs 56,150 per kg. In the international market, gold prices suffered a blow yet again and are starting a second weekly decline as US Treasury yields were at a multi-year high after strong labour market data was out.

Along with this, Federal Reserve officials too assured that it would take a tough route to hike rates to dampen inflation. The gold rates vary from state to state as the state government levy additional charges and taxes as per their standards. Besides, buyers have to pay additional charges to the jewellers as making charges plus GST. 

On Friday, the rate for 24-carat gold in Mumbai and Kolkata is Rs 50,450, while the price for 24-carat gold is Rs 46,250. In Delhi, the prices for 24-carat and 22-carat are at Rs 50,600 and Rs 46,350, respectively.  In Chennai, where gold is sold at the highest rates, 24-carat and 22-carat gold are trading at Rs 50,900 and Rs 46,650, respectively.

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Major Citie 22-Carat and 24-Carat today Gold Rates

Chennai – Rs 46,650, Rs 50,900

Mumbai – Rs 46,250, Rs 50,450

Delhi – Rs 46,350, Rs 50,600

Kolkata – Rs 46,250, Rs 50,450

Bangalore – Rs 46,300, Rs 50,500

Hyderabad – Rs 46,250, Rs 50,450.