Nitesh Kumar Sahoo

Amid the fluctuation in gold and silver rates across the country, the price for 24-carat gold per 10 gram has reached Rs 51, 300 on Monday in twin cities of Bhubaneswar and Cuttack.

For 23-carat, the price of 10 gram of the yellow metal is Rs 51,200 while the rate of 22 carat gold has reached 50,300. Similarly, the rate of 20, 18 and 14 carat gold remained at Rs 45, 400, Rs 41, 100 and Rs 32, 500 respectively, while pure Ginni (gold coin) is being traded at Rs 41, 300.

Meanwhile, gold is being traded at Rs 5325 per gram (GST 995) and at Rs 5340 (Cash 995) in Cuttack.

On the other hand, 99.50 purity silver is being sold at Rs 53, 250 per kg, while the rate of 999.9 purity silver has reached Rs 64, 700 per kg on Monday.

The rates of gold and silver may vary as per MCX and from dealer to dealer.

High inflation rates in the Indian market has made gold prices highly volatile in the last few days. 

Gold prices recovered from early lows following weakness in dollar index and sharp rise in euro.

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