Gold and silver prices in India showed no change on Tuesday. The price of 22-carat gold remains at ₹5,445 per gram. Larger quantities of 22-carat gold, such as 8 grams and 10 grams, are priced at ₹43,560 and ₹54,450 respectively. Notably, the cost for 100 grams of 22-carat gold stands at ₹5,44,500.
The price of 24-carat gold is ₹5,940 per gram.
Similarly, silver prices have also remained stable, with one kilogram of silver priced at ₹76,900 nationwide.
These price fluctuations are influenced by various factors, including inputs from reputable jewellers. Factors like global gold demand, currency values across nations, interest rates, and government gold trade regulations contribute to these changes. Furthermore, global events like the state of the global economy and the strength of the US dollar against other currencies also impact gold prices in the Indian market.