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Gold prices in India saw a marginal decline on October 15, 2022. According to the Goodreturns website, eight grams of 22-karat gold was worth ₹36,960 while the price of 24 karat gold rose to ₹40,320.
In the nation’s capital, the price of 22-karat gold was ₹46,350 per 10 g while that of 24-carat gold was at ₹50,500. In the financial capital of India, the price of 22k and 24k gold stood at ₹46,200 per 10g and ₹50,400 per 10g. In Chennai, the price of 22k and 24k gold stood at ₹46,900 per 10g and ₹51,160 per 10g.
The price of gold is determined by several factors, including the strength of the rupee against the US dollar. If the dollar is stronger, gold will be expensive. Gold prices also depend on economic growth and the international market.
With regard to silver, the price of one gram of precious metal costs ₹55.30 according to the Goodreturns website. The price of silver on Saturday was ₹2 less than Friday’s rate.
In Delhi, Mumbai, Kolkata and Bengaluru, the price of silver stood at ₹553 for 10g. In Chennai, 10 grams of silver cost ₹605.
Here are the gold and silver prices of major Indian cities on Saturday, October 15, 2022.
| TOWN | PRICE OF 22K GOLD (Rs/10 GMS) | SILVER PRICE (Rs/10 GMS) |
|---|---|---|
| DELHI | 46,350 | 553 |
| Bombay | 46,200 | 553 |
| CALCULATED | 46,200 | 553 |
| BENGALERU | 46,250 | 553 |
| CHENNAI | 46,900 | 605 |
The price of silver is determined by the price of the precious metal on the international market. It also depends on the movement of the Rupee against the US Dollar.
