March 17, 2023: Significant Increase in Gold and Silver Prices Today in Delhi, Chennai, Kolkata, and Mumbai.
Today’s gold rates in Delhi, Chennai, Kolkata, and Mumbai have remained stable. In Delhi, the price for 10 grams of 22-carat gold is Rs. 53,700 with a hike of Rs. 500, while the price for 10 grams of 24-carat gold is Rs. 58,570 with a hike of Rs. 550. Chennai’s gold rates per 10 grams of 22 carats is at Rs. 54,250 with a hike of Rs. 450, and the gold rate of 24-carat is at Rs. 59,180 with a hike of Rs. 480.
Similarly, Kolkata’s gold rate per 10 grams of 22 carats is at Rs. 53,550, and the rate of 10 grams of 24 carats is at Rs. 58,420. Mumbai’s gold rates per 10 grams of 22 carats have been at Rs. 53,550 and Rs. 58,420 per 10 grams of 24 carat. The silver rates in Kolkata, Chennai, and Mumbai have been stable at Rs. 69,200, while the rate of silver in Chennai is at Rs. 72,700.
It is important to note that gold and silver rates continue to fluctuate every day due to various factors such as changes in international market currency prices, inflation, gold reserves at central banks, their interest rates, the jewellery market, geographical tensions, trade wars, and many other factors.
As per bullion market experts, the gold rates have been decreasing as the Federal Reserves hinted over the rise in interest rates. It is advised to keep track of the daily fluctuations in gold and silver rates before making any investment decisions.
The table below summarizes the gold rates in Delhi, Chennai, Kolkata, and Mumbai:
City | 22 carat gold (10 gms) | 24 carat gold (10 gms) | Silver per 1 kg
Delhi | Rs. 53,700 | Rs. 58,570 | Rs. 69,200
Chennai | Rs. 54,250 | Rs. 59,180 | Rs. 72,700
Kolkata | Rs. 53,550 | Rs. 58,420 | Rs. 69,200
Mumbai | Rs. 53,550 | Rs. 58,420 | Rs. 69,200