Gold and silver prices surged on the first day of this week. Due to continuous rises, the price of gold had reached its peak during this year's festive season. At that time, both gold and silver, two precious metals, had created new records in their prices.
However, since then, their prices have seen a considerable decline. Last week, gold had slipped on multiple occasions, though only by small margins. From those lower levels, both gold and silver resurged sharply on Monday.
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On Monday, November 10, the price of 24-carat pure gold per 10 grams increased by ₹1,900. The price of 22-carat gold jewellery per 10 grams also increased by ₹1,800.
Silver prices per kilogram increased by ₹4,000. As a result, silver has once again crossed the ₹1.5 lakh mark.
Gold prices in Kolkata market on Monday: (excluding taxes)
Pure gold bar (24-carat): ₹1,22,500 (per 10 grams)
Pure gold bar (retail): ₹1,23,100 (per 10 grams)
Hallmarked jewellery gold (22-carat): ₹1,17,000 (per 10 grams)
Silver (retail): ₹1,52,700 (per kilogram)
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 %, these charges may vary from shop to shop.
