Gold trading at Rs 52,140 per 10 gm today; silver selling at Rs 66,300 a kg

The price of 10 gram of 24-carat gold remained unchanged on Wednesday at Rs 52,140, while silver per kg became cheaper by Rs 300 to trade at Rs 66,300.

Ten gram of 22-carat gold is trading at Rs 47,800. The price of 10 gram of 24-carat gold in Delhi and Mumbai stood at Rs 52,140. Ten gram of 22-carat gold in Mumbai and Delhi is trading at Rs 47,800.

The price of 10 gram of 24-carat gold in Bangalore and Hyderabad is on par with the price of 24-carat gold in Mumbai and Delhi i.e. Rs 52,140, while 22-carat gold is selling in Bangalore and Hyderabad at Rs 47,800.

Ten gram of 24-carat gold in Chennai is trading at Rs 52,400, while ten grams of 22-carat gold in Chennai is trading at Rs 48,030.

The price of gold differs in regions based on parameters such as making charges, excise duty, and state taxes.

The price of 1 kg of silver in Mumbai and Kolkata is Rs 66,300, whereas the price of 1 kg of silver in regions such as Bangalore, Hyderabad, and Chennai stood at Rs 71,000.

On Tuesday, the gold futures fell by Rs 58 to Rs 51,475 per 10 grams as participants cut down their bets amid a weak global trend.

On the Multi Commodity Exchange, gold contracts for June traded lower by Rs 58 or 0.11 per cent to Rs 51,475 per 10 grams in a business turnover of 18,084 lots.

Globally, gold was trading 0.11 per cent lower at $1,931.80 an ounce in New York.