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Gold Price on March 18: Rates Hikes in Metro Cities, Silver Surges too

Representational Image of Gold

Representational Image of Gold

The rate of 22-carat of the yellow metal stood at Rs 44,150 per 10 grams in the national capital. While for 24-carat gold it is Rs 48,160 for the same quantity.

Gold rates hiked by Re 1 on Thursday, March 18, for 1 gram as the price of the same quantity of 22-carat gold stood at Rs 4,397 compared to the rate of Rs 4,396 on the previous day. According to Good Returns, the price of 10 grams of 22-carat-gold is Rs 43,970 witnessing an increase of Rs 10 from the earlier day's rate of Rs 43,960. Similar to the rates of 22-carat gold the price of 24 carats of the yellow metal also surged by Rs 10 and stood at Rs 44,970 for 10 grams, compared to the earlier cost of Rs 44,960. The rate of silver also observed nominal gains on Thursday.

Those who are planning to buy gold ornaments can check the rates of the metal in major metro cities below:

Delhi: The rate of 22-carat of the yellow metal stood at Rs 44,150 per 10 grams in the national capital. While for 24-carat gold it is Rs 48,160 for the same quantity.

Chennai: Those who are planning to buy gold jewellery will have to pay Rs 42,380 per 10 grams for 22-carat gold while for 24-carat gold of the same quantity the cost is Rs 46,230.

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Kolkata: One will have to pay Rs 44,270 for 10 grams of 22-carat gold in Kolkata while for 24-carat the price is Rs 46,910 per 10 grams.

Mumbai: Rs 43,970 is the price of 22-carat gold per 10 grams in Mumbai, while for 10 grams of 24-carat gold the purchaser will have to pay Rs 44,970.

International Price of Gold

In the international market, the rate of gold surged 0.49 percent to USD 1,754.00 per ounce on Thursday. On the contrary, its performance in the last 30 days has decreased by 3.54 percent which is equivalent to USD 64.40.

Silver Prices

Witnessing a marginal rise of Rs 3, the rate of silver on Thursday per 10 grams stood at Rs 673 from the earlier rate of Rs 670.

Silver Rates in Metro Cities

The rate of silver in Delhi, Mumbai and Kolkata stood at Rs 67,300 for one kilogram. However, one will have to pay more that is Rs 71,600 for the same quantity of the metal in Chennai and Hyderabad.