Gold rate steady, silver falls; check latest prices in Bhubaneswar and Cuttack here

Amid fluctuation in gold and silver prices across the country, price of 23-carat gold per 10 gram with GST remained unchanged over the trading price on Monday and is selling at Rs 52,700 on Tuesday in Bhubaneswar. 

For 23-carat, the price of 10 grams of yellow metal is Rs 50,800 while the rate of 22-carat gold has reached 49,800. 

Similarly, the rate of 20, 18 and 14-carat gold remained at Rs 45,000, Rs 40,800 and Rs 32,300 respectively. Pure Ginni (gold coin) is being traded at Rs 40,400.

Meanwhile, gold is trading at Rs 5,2765 per gram (GST 995) and Rs 5,245 (Cash 995) in Cuttack.

On the other hand, one kilogram of silver is being sold at Rs 63,800 (With GST) in Bhubaneswar, following a decrease of Rs 400 from Saturday’s price of Rs 64,200.

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

Gold is generally used as a hedge against inflation, high inflation rates have made gold prices highly volatile in the last few weeks.