Gold has over the years been a perfect hedge against inflation. Investors are increasingly looking at gold as an important investment. The Gold price in India on January 6, 2021 is 5,034 /Gram which is up by Rs. 2.
Prices of gold (per 22 carat) in metro cities are as follows:
Delhi: Rs. 50,160
Chennai: Rs. 48,570
Kolkata: Rs. 50,570
Mumbai: Rs. 50,340
Silver price in India is determined by international prices, which move in either direction. Other than that it also depends on currency movement of the rupee against the dollar. If the rupee falls against the dollar and international prices remain stable, silver will become more expensive. The Silver price in India on January 6, 2021 is Rs.70.20 per gram. There has been no change since the previous day.
Prices of silver/kg in metro cities are as follows:
Delhi: Rs. 70,200
Chennai: Rs. 74,500
Kolkata: Rs. 70,200
Mumbai: Rs. 70,200