Since peaking during Diwali, gold and silver prices have been fluctuating — rising on some days and dipping slightly on others. After significant changes last Friday and Saturday, Monday saw only mild movement in the market. The price of 24-carat gold rose by ₹300 per 10 grams, and 22-carat jewellery gold also increased by ₹300 per 10 grams. Silver, however, dropped by ₹200 per kilogram, marking a small decline after the recent volatility.
Monday's gold rates in the Kolkata market: (excluding taxes)
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Pure gold bar (24 carat): 1 lakh 23 thousand 700 rupees (per 10 grams)
Pure gold bar (retail): 1 lakh 24 thousand 300 rupees (per 10 grams)
Hallmarked jewellery gold (22 carat): 1 lakh 18 thousand 150 rupees (per 10 grams)
Silver (retail): 1 lakh 56 thousand 100 rupees (per kilogram)
You will not be able to buy gold at these 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 %, these making charges may vary from shop to shop.
{News Ei Samay does not provide investment advice anywhere. Investment and trading in the share market or any field involve risk. Proper study and expert advice are recommended beforehand. This news is published for educational and awareness purposes.}
