After Diwali, gold and silver prices had come down from record levels. But this week, the prices of these two precious metals saw a rise in price again. However, Friday brought some relief. Amid the Bihar Assembly election results announcement, the price of the yellow metal fell by more than one thousand rupees. On the other hand, silver prices fell by more than three and a half thousand rupees. However, on Thursday, gold prices had increased by about three thousand rupees and silver prices had increased by eight thousand rupees.
On Friday, the price of 10 grams of 24-carat pure gold decreased by ₹1,400. The price of 10 grams of 22-carat jewellery gold also decreased by ₹1,350. Silver prices per kilogram decreased by ₹3,600.
Gold rates in the Kolkata market on Friday: (excluding taxes)
Pure gold bar (24-carat): ₹1,25,700 (per 10 grams)
Pure gold bar (retail): ₹1,26,300 (per 10 grams)
Hallmarked jewellery gold (22-carat): ₹1,20,050 (per 10 grams)
Silver (retail): ₹1,61,800 (per kilogram)
You will not be able to buy gold at these rates when you go to the market. It will cost slightly more than these rates. Because GST and jewellery-making charges will be added to these rates. Although GST is fixed at 3%, these charges may vary from store to store.