Odishatv Bureau

Gold and silver rates today fell sharply in Indian markets tracking weak global cues. The price for 23-carat gold per 10 gram with GST reached Rs 52,300 in Bhubaneswar on Wednesday with a decrease of Rs 400 from yesterday’s price.

For 23-carat, the price of 10 grams of yellow metal is Rs 50,300 while the rate of 22-carat gold has reached Rs 49,300.

Similarly, the rate of 20, 18 and 14-carat gold remained at Rs 44500, Rs 40300 and Rs 31900 respectively. Pure Ginni (gold coin) is being traded at Rs 40,600.

Meanwhile, gold is trading at Rs 5,200 per gram (GST 995) and Rs 5,200 (Cash 995) in Cuttack.

On the other hand, one kilogram of silver is being sold at Rs 63,100 (With GST) in Bhubaneswar, following a decrease of Rs 700 from Tuesday’s price of Rs 63,800 .

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

In global markets, gold fell to its lowest in two weeks as a stronger dollar makes bullion more expensive for buyers holding other currencies. Spot gold dipped to $1,835.28 per ounce.