Gold and silver prices have been highly unstable over the past few days, swinging sharply between gains and losses. After gold prices plunged by almost ₹4,000 per 10 grams on Tuesday, they rebounded by ₹2,500 on Wednesday, only to dip again by about ₹1,000 on Thursday. Silver followed a similar trend, with its price per kilogram falling by more than ₹1,500. This ongoing fluctuation in precious metal rates has added to market uncertainty.
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On Thursday, October 30, the price of 24-carat pure gold per 10 grams decreased by 1,000 rupees. The price of 22-carat gold jewellery per 10 grams decreased by 950 rupees. Silver prices per kilogram decreased by 1,650 rupees.
Gold rates in the Kolkata market on Thursday: (excluding taxes)
Pure gold bar (24 carat): 1 lakh 20 thousand rupees (per 10 grams)
Pure gold bar (retail): 1 lakh 20 thousand 600 rupees (per 10 grams)
Hallmarked jewellery gold (22 carat): 1 lakh 14 thousand 650 rupees (per 10 grams)
Silver (retail): 1 lakh 47 thousand 150 rupees (per kilogram)
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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.
