According to revised data from the Multi Commodity Exchange (MCX), gold futures rose 0.25% to 50,372.00 rupees. Silver futures, on the other hand, fell 0.04% to 60,900.00 rupees.
A vendor arranges gold ornaments, on a display board, inside a jewelry showroom during Akshaya Tritiya. Reuters
In India, 10 grams of 24 karat gold today, May 17, stands at Rs 50,450, unchanged from yesterday. One kilogram of silver is being sold at Rs 59,400, unchanged from yesterday’s purchase price.
The rate of the precious metal changes daily due to significant factors such as excise duties, state taxes, and manufacturing fees. Here are the gold prices in different cities across the country on Tuesday, May 17:
In New Delhi, Mumbai and Kolkata, 10 grams of 22 karat gold is bought and sold at Rs 46,250, according to the Good Returns website. The same amount of the highly demanded yellow metal is traded in Chennai at Rs 47,440.
If we look at the 24 karat gold rates, 10 grams of the precious metal is obtainable at Rs 50,450 in Mumbai, New Delhi and Kolkata. The same amount of 24-carat purity retails at Rs 51,740 in Chennai.
In Madurai and Jaipur, 10 grams of 22 karat gold is sold at Rs 47,440 and Rs 46,410 respectively. The same amount of 24 karat purity is valued at Rs 51,740 in Madurai and Rs 50,610 in Jaipur.
In Vijayawada, Mangalore and Mysore, 10 grams of 22 karat gold is acquired at Rs 46,250. In Hyderabad, Bengaluru and Kerala, the same amount of 22 karat purity is purchased at Rs 46,250. 24k gold are valued at Rs 50,450 in all of the above.
In Vadodara and Ahmedabad, 10 grams of 22 karat gold is purchased at Rs 46,320 and Rs 46,310 respectively. The same amount of 24 carat purity is priced at Rs 50,520 in Vadodara and Rs 50,500 in Ahmedabad.
In Nashik and Chandigarh, 10 grams of 22 karat gold is traded at Rs 46,320 and Rs 46,410. The same amount of 24 karat purity is traded at Rs 50,520 in Nashik and Rs 50,610 in Chandigarh.
An updated list of data from the Multi Commodity Exchange (MCX) reveals that gold futures, which are due to expire on June 3 this year, rose 0.25% to 50,372.00 rupees. Silver futures, on the other hand, fell 0.04% to 60,900.00 rupees.