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Gold and Silver Rates Across Indian Cities on October 1

Gold and Silver Rates Across Indian Cities on October 1
Gold, silver prices on October 1: Check latest rates in Delhi, Mumbai, Kolkata, other cities · businesstoday.in

Gold and silver prices were listed for several Indian cities on October 1.

Gold comes in different purity levels, including 24K and 22K.

Twenty-four-karat gold is purer, while 22K gold is often used for jewellery because it is stronger.

The listed 24K gold price was slightly lower in Delhi than in many other cities.

Silver was more expensive in Hyderabad and Chennai than in several other cities.

These prices are basic bullion prices before some additional charges.

Buyers pay 3% GST on the value of gold and 5% GST on jewellery-making charges.

International prices, the rupee’s exchange rate, and festival shopping demand can affect Indian rates.

Jewellery companies may charge slightly different prices because their costs vary.

Key facts

Delhi 24K gold
₹1,48,930 per 10 grams
Other listed-city 24K gold
₹1,49,580 per 10 grams in Mumbai, Bengaluru, Kolkata, Hyderabad, and Chennai
Delhi 22K gold
₹1,37,260 per 10 grams
Other listed-city 22K gold
₹1,37,110 per 10 grams in Mumbai, Bengaluru, Kolkata, Hyderabad, and Chennai
Silver range
₹2,39,900 to ₹2,45,100 per kilogram across the listed cities
Gold GST
3% on the value of the metal
Making-charge GST
5% on jewellery-making charges
Jeweller comparison
Joyalukkas and Malabar quoted ₹13,710 per gram for 22K gold; Tanishq quoted ₹13,755

Sources

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