Gold and Silver Prices Today, October 7: Check the Latest Rates in Your City



The price of gold remained unchanged on Friday. According to the Goodreturns website, which tracks daily gold prices, the cost of ten grams of 22-karat gold was 47,850. On the other hand, eight grams of 22 karat gold is priced at 38,280.

In contrast, ten grams of 24-karat gold cost 52,200 while eight grams of 24-karat gold cost 41,760.

The price of gold in India depends on various factors including the currency and the global demand for the metal. In case the rupee slips against the US dollar, the price of gold per gram becomes expensive. International factors include volatile policies, slowing global economic growth, the strength of the dollar against other currencies and more, Goodreturns said.

On the other hand, the price of silver showed a slight increase on Friday compared to yesterday. A gram of silver costs 61.60 today, while 10 g of silver cost 616.

Here are the gold and silver prices in major Indian cities on Friday, October 7, 2022.

NEW DELHI 48,000 616
Bombay 47,850 616
CALCULATED 47,850 616
CHENNAI 48,350 665
BENGALERU 47,900 665

In India, silver prices are affected by a number of factors. These include international metal prices. In our country, silver prices are inspired by international markets. In September, the price of 1 kg of silver increased by 10.47% in September. On September 10, silver reached its highest price of 60,400.


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