Amid fluctuation in gold and silver prices across the country, the price for 23-carat gold per 10 gram with GST reached Rs 52,700 in Bhubaneswar on Monday with an increase of Rs 50 from Saturday's price.
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 traded at Rs 5,275 per gram (GST 995) and Rs 5,255 (Cash 995) in Cuttack.
On the other hand, one kilogram of silver is being sold at Rs 64,200(With GST) in Bhubaneswar, following an increase of Rs 200 from Saturday’s price of Rs 64,000.
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.