Gold and silver prices seem to be climbing with each passing day, leaving buyers a little more anxious than before. Over the past few sessions, both precious metals have been setting fresh records in the international market as well as on the country’s multi-commodity exchange. While such changes usually reach local markets with some delay, Kolkata witnessed a sharp rise on Thursday itself. With prices moving steadily upward, experts feel gold and silver may slowly be slipping out of the middle class’s comfort zone.
Also Read | Why Dubai gold prices have crossed Dh630 and what it means for buyers
On Thursday, gold and silver prices rose significantly in Kolkata’s market. The price of 24-carat pure gold per 10 grams increased by ₹11,700, while 22-carat jewellery gold per 10 grams rose by ₹11,200. Silver prices jumped even more sharply than gold, with the price per kilogram increasing by ₹18,500.
Gold and Silver Rates in Kolkata
Gold rates in the Kolkata market on Thursday (excluding tax) were as follows:
Pure gold bar (24 carat): ₹1,77,600 per 10 grams
Pure gold bar (retail): ₹1,78,450 per 10 grams
Hallmarked jewellery gold (22 carat): ₹1,69,650 per 10 grams
Silver (retail): ₹3,85,400 per kilogram
(According to WBBMJA)
Also Read | Economic Survey flags strong FY26 growth, warns of softer momentum ahead
What Buyers Need to Know
However, the prices seen on paper are not what buyers actually pay at jewellery shops. The final amount goes up once Goods and Services Tax (GST) and making charges are added. GST is fixed at 3 per cent, but making charges differ from one jeweller to another, depending on the design and the store.
{News Ei Samay does not provide investment advice anywhere. Investment in the stock market or any field involves risk. Proper study and expert advice are desirable beforehand. This news is published for educational purposes and awareness.}
