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How is gold doing in India?

How is gold doing in India?

No matter whatever the restrictions put by the government. Nothing can stop Indians from buying gold jewels, for they are just obsessed to the yellow metal.

Meanwhile on Thursday (February 21), the precious metal continued its downtrend and quoted below Rs 29,000 per ten grams level in futures trade.

This, according to experts, is because market participants offloaded their positions even a firming trend overseas.

Following are the latest gold rates in some of the important cities of India.  While the price of gold is per 10 gram, the rate of silver is for one kilogram.

 

Mumbai

GOLD: Rs 30,630 / SILVER: Rs 47,512

 

Delhi

GOLD: Rs 31,250 / SILVER: Rs 47,500

 

Chennai

GOLD: Rs 30,870/ SILVER: Rs 48,560

 

Kolkata

GOLD: Rs 30,780/ SILVER: Rs 47,500

 

Bangalore

GOLD: Rs 31,164/ SILVER: Rs 48,400

 

Hyderabad

GOLD: Rs 31,000 / SILVER: Rs 48,500


  


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