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Gold and Silver Prices Dip Across Indian Cities

Gold, silver prices today, 7 September: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata · livemint.com

Gold and silver became slightly cheaper in India on 7 September.

Prices were listed for different cities and different levels of gold purity.

Twenty-four-karat gold is the purest type.

Twenty-two-karat gold is often used for jewellery because it is stronger.

Silver prices also fell in the retail market.

International gold prices declined after strong US jobs data increased expectations of higher interest rates.

Investors are also waiting for important US inflation figures.

Uncertainty connected to the US-Iran conflict was another factor mentioned in the report.

Key facts

Date: 7 September
New Delhi rates: 24K gold: ₹152,370/10 gm; 22K gold: ₹139,673/10 gm; 999 silver: ₹236,000/kg
Mumbai rates: 24K gold: ₹152,640/10 gm; 22K gold: ₹139,920/10 gm; 999 silver: ₹236,410/kg
Kolkata rates: 24K gold: ₹152,420/10 gm; 22K gold: ₹139,718/10 gm; 999 silver: ₹235,830/kg
Other city gold rates: Bengaluru: ₹152,760/10 gm for 24K and ₹140,030 for 22K; Hyderabad: ₹152,860 and ₹140,122; Chennai: ₹153,060 and ₹140,305
MCX gold: Down 0.28% at ₹152,910 per 10 grams
MCX silver: Down about 0.14% at ₹236,840 per kilogram
International gold: Spot gold was down 0.5% at $4,405.47 per ounce; December US gold futures were down 0.5% at $4,452.20

livemint.com · 3 hrs ago