Gold and Silver prices on January 31: Check latest rates here

According to GoodReturns, the price of 22-carat gold was at Rs 58,000 per gram; Rs 63,270 for 10 gm 24-carat gold and silver at Rs 76,500 per kg respectively.

Edited By: Alina Khan

Last Updated : 31 January 2024, 09:56 AM IST

According to the GoodReturns, 22-carat gold prices in India are at Rs 5,800 per gram, while for 24-carat the price is at Rs 6,327 per gram on Wednesday.

On January 31, the price of 22-carat gold was at Rs 58,000 per gram; Rs 63,270 for 10 gm 24-carat gold and silver at Rs 76,500 per kg respectively, according to GoodReturns. At the same time, the silver rate was Rs 76.50 per gram whereas for 10 grams it was Rs 765.

Check rates of Gold and Silver here:

Cities	22-carat Gold (10 gm)	24-carat Gold (10 gm)	Silver (1 kg)
Delhi	58,150	63,420	76,500
Mumbai	58,000	63,270	76,500
Chennai	58,600	63,930	78,000
Kolkata	58,000	63,270	76,500
Bengaluru	58,000	63,270	73,500
Hyderabad	58,000	63,270	78,000
Kerala	58,000	63,270	78,000

Why is gold and silver crucial in India?

In a country where gold and silver have deep-rooted cultural and economic significance, keeping track of their rates is of paramount importance. Whether one is an investor, a bride-to-be, or someone who appreciates the allure of these precious metals, understanding the dynamics of gold and silver rates in India can be both fascinating and rewarding.

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Gold and Silver prices on January 31: Check latest rates here