Odishatv Bureau

Amid the fluctuation in gold and silver rates across the country, the price for 24-carat gold per 10 gram has reached Rs 53,200 on Monday in twin cities of Bhubaneswar and Cuttack with a fall of Rs 100 from yesterday’s price.

For 23-carat, the price of 10 gram of yellow metal is Rs 50,500 while the rate of 22 carat gold has reached 50,200. Similarly, the rate of 20, 18 and 14 carat gold remained at Rs 45,400, Rs 41, 100 and Rs 32, 600 respectively, while pure Ginni (gold coin) is being traded at Rs 41,400.

Meanwhile, gold is being traded at Rs 5310 per gram (GST 995) and at Rs 5250 (Cash 995) in Cuttack.

On the other hand, 99.50 purity silver is being sold at Rs 61,400 per kg, while the rate of 999.9 purity silver has reached Rs 63,800 per kg on Monday.

Notably, the price of gold varies for different regions based on certain parameters such as the excise duty, making charges and the state taxes.

The revised Multi Commodity Exchange (MCX) data indicates that gold futures which are set to mature on 5 August this year, declined by 0.25 percent to Rs 50,900.00.

Silver futures, which are set to mature on 5 July 2022 witnessed a downfall of Rs 535 or 0.88 per cent and were retailing at Rs 61,147 per kg on the MCX against the previous close of Rs 61,411.