The winds of change are clear in West Bengal following the assembly election results. Signs of change are also evident in Tamil Nadu and Kerala. In this situation, the country's stock market has been buoyant since morning. Gold and silver prices also fell at the beginning of the week. However, gold prices have achieved some stability since April. Despite price fluctuations, they have remained confined within a specific range, which is somewhat reassuring.
Today, the price of pure 24-carat gold per 10 grams decreased by 1,200 rupees. The price of 22-carat gold per 10 grams decreased by 1,100 rupees. On the other hand, the price of silver per kilogram decreased by 3,900 rupees.
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Monday (May 4) gold prices in Kolkata market: (excluding tax)
Pure gold bar (24 carat): 1 lakh 48 thousand 600 rupees (per 10 grams)
Pure gold bar (retail): 1 lakh 49 thousand 350 rupees (per 10 grams)
Hallmarked jewellery gold (22 carat): 1 lakh 41 thousand 950 rupees (per 10 grams)
Silver (retail): 2 lakh 43 thousand 950 rupees (per kilogram)
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(Price source: WBBMJA)
You will not be able to buy gold at these exact rates when you go to the market. It will cost somewhat more than these rates. This is because GST and jewellery-making charges will be added to these rates. While GST is fixed at 3 per cent, these making charges may vary from shop to shop.
