Gold and silver prices for today—August 31. Check latest rates in your city
₹59,490 per 10 gm on Multi Commodity Exchange (MCX), and went on to hit an intraday high of 59,520, and a low of ₹59,420 in the domestic market. Around 10 a.m., MCX Gold for October 5 delivery traded 0.05 per cent lower at ₹59447 per 10 grams. Gold price on Thursday, August 31 stood at ₹54850 per 10 grams for 22 carats, and ₹59820 per 10 grams for 24-carat in the spot market.
Bangalore- Rs59670 Chennai- Rs60220 Delhi- Rs59820 Kolkata- Rs59670 Mumbai- Rs59670 Pune- ₹59670 Bangalore- ₹54700 Chennai- ₹55200 Delhi- ₹54850 Kolkata- ₹54700 Mumbai- ₹54700 Pune- ₹54700 However, the rates mentioned above do not include GST, and other levies. 24k gold is available in the market in the form of bars and coins. When you buy gold jewellery, the purity is usually 18-22K.
Wednesday's silver rates, on the other hand, for 10 grams, 100 grams, and 1 kg are Rs745.50, Rs7455.50, and ₹74550, in that order. Bangalore - Rs745.50 Chennai- Rs745.50 Delhi- Rs745.50 Kolkata- Rs745.50 Mumbai- Rs745.50 Pune- Rs745.50 Bangalore - ₹7455 Chennai- ₹7455 Delhi- ₹7455 Kolkata- ₹7455 Mumbai- ₹7455 Pune- ₹7455 Bangalore - ₹74550 Chennai- ₹74550 Delhi- ₹74550 Kolkata- ₹74550 Mumbai- ₹74550 Pune- ₹74550 These price fluctuations are influenced by various factors like global gold demand, currency values across nations, and interest rates, among others. Gold prices firmed near one-month highs on Thursday as a fresh set of soft US data added to expectations that the Federal Reserve will pause rate hikes this year, although inflation readings due later in the day could amend this outlook.
Spot gold was up 0.2% at $1,945.40 per ounce by 0331 GMT. U.S. gold futures steadied at $1,972.40.Get the best recommendations on Stocks, Mutual Funds and more based on your Risk
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