1 week ago

Gold Nears ₹1.65 Lakh as Silver Approaches ₹2.60 Lakh

Gold and silver prices were being watched in India on August 25.

Gold comes in different purities, including 24-karat and 22-karat.

Twenty-four-karat gold is the purest type.

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

Gold prices were close to ₹1.65 lakh for 10 grams in several cities.

Silver cost about ₹2.60 lakh per kilogram in some cities.

Hyderabad and Chennai had higher silver prices than the other listed cities.

Future prices may depend on global economic data, US interest-rate expectations and currency movements.

Key facts

Delhi gold: 24K: ₹1,64,130 per 10 grams; 22K: ₹1,50,460 per 10 grams.
Other-city gold: Mumbai, Bengaluru, Kolkata, Hyderabad and Chennai: 24K at ₹1,63,980 per 10 grams and 22K at ₹1,50,310.
Silver in four cities: Delhi, Mumbai, Bengaluru and Kolkata: ₹25,990 per 100 grams or ₹2,59,900 per kilogram.
Silver in Hyderabad and Chennai: ₹27,510 per 100 grams or ₹2,75,100 per kilogram.
Joyalukkas and Malabar: Both quoted 22K gold at ₹15,030 per gram across major Indian states.
Tanishq: 22K gold was ₹15,075 per gram, while its 24K rate was estimated at ₹15,887 per gram.
Malabar 24K: Malabar Gold & Diamonds quoted 24K gold at ₹15,887 per gram.

businesstoday.in · 1 week ago