Gold and silver prices on October 14, 2023

On Saturday, the cost of gold stayed the same. The price per gram of 22-carat gold remained steady at ₹5,400. The pricing for the larger sizes, such 8 and 10 grams, was ₹43,200 and ₹54,000 respectively. In addition, the price of 100 grams of 22-carat gold is ₹5,40,000. The price of 24-carat gold was ₹5,891 per gram at the time. The national price of one kilogram of silver was ₹74,100, a modest increase in the silver price.

City                     Gold (Rs/10 gram)        Silver (Rs/kg)

Chennai              ₹55,100                            ₹74,100

Mumbai             ₹54,000                            ₹74,100

Delhi                   ₹54,150                            ₹74,100

Kolkata               ₹54,000                            ₹74,100

Numerous variables, including advice from reputed jewellers, have an impact on these pricing swings. These swings are caused by a number of variables, including the demand for gold globally, the value of other currencies, the current interest rate, and governmental restrictions on the trade in gold. The price of gold in the Indian market is also influenced by external factors such as the strength of the US dollar relative to other currencies and the status of the world economy.