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Odishatv Bureau

Amid the fluctuation in gold and silver rates across the country, the price for 24-carat gold per 10 grams reached Rs 53,800 in Bhubaneswar on Friday with an increase of Rs 250 against Thursday's price.

For 23-carat, the price of 10 grams of yellow metal reached Rs 51,900 while the rate of 22-carat gold reached 50,800.

Similarly, the rate of 20, 18 and 14-carat gold remained at Rs 45900, Rs 41600 and Rs 32900, respectively. Pure Ginni (gold coin) is being traded at Rs 41,800 on Thursday.

Meanwhile, gold is being traded at Rs 5,390 per gram (GST 995) and at Rs 5,220 (Cash 995) in Cuttack.

On the other hand, there was no change in price of one kilogram of silver is being sold at Rs 60,500 in Bhubaneswar.

Notably, factors such as state taxes, excise duty, and making charges lead to changes in the price of gold in India.

The updated Multi Commodity Exchange (MCX) figures reveal that gold futures, which will mature on 5 October 2022, fell by 0.58 per cent to Rs 51,864.00. Silver futures, which will mature on 5 September this year, also saw a decline of 1.02 per cent and settled at Rs 57,390.00.

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