Gold price today: 22 carats and 24-carat gold is being sold at this price on Saturday, click here to know more!

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Today i.e. on July 16, the price of 10 grams of 24-carat gold is Rs 50,730, which is Rs 430 less than yesterday's price. After a fall of Rs 2,000 from yesterday's price, the price of one kg of silver is Rs 55,000.

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Gold prices fluctuate on a daily basis due to various factors like state tax, excise duty, and making charges. As of Saturday, July 16, Gold rates in various cities across India are as follows:

According to the Good Returns website, 10 grams of 22-carat gold is trading at Rs 46,500 in Mumbai, New Delhi, and Kolkata. Whereas in Chennai the same quantity of gold is trading for Rs 46,360.

If we look at the rate of 24-carat gold, the price of 10 grams of it in New Delhi, Mumbai and Kolkata are Rs 50,730. The price of 24-carat purity gold in Chennai is Rs 50,580.

In Pune and Coimbatore, 10 grams of 22-carat gold are being bought and sold for Rs 46,530 and Rs 46,360 respectively. The cost of the same quantity of gold of 24-carat purity is Rs 50,760 in Pune and Rs 50,580 in Coimbatore.

The market price of 10 grams of 22-carat gold in Kerala and Hyderabad is Rs 46,500. The same quantity of gold can be bought for Rs 46,580 in Bangalore, Mangalore, and Mysore while it can be bought for Rs 46,500 in Bhubaneswar.

In Kerala, Hyderabad, and Bhubaneswar, 10 grams of 24-carat gold is priced at Rs 50,730 while in Mangalore, Bangalore, and Mysore the same amount is priced at Rs 50,820.

In Patna and Jaipur, 10 grams of 22-carat gold is trading at Rs 46,530 and Rs 46,650 respectively. The price of 24-carat purity gold is Rs 50,760 in Patna and Rs 50,890 in Jaipur.

Today 10 grams of 22-carat gold is available in Nashik and Chandigarh for Rs 46,530 and Rs 46,650 respectively. Gold of 24-carat purity in the same quantity is being sold for Rs 50,760 in Nashik and Rs 50,890 in Chandigarh.

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Updated Multi Commodity Exchange (MCX) data showed gold futures, which are set to mature on August 5, fell 0.25 percent to Rs 50,103.00. Silver futures maturing on September 5 rose 1.04 percent to reach Rs 55,608.00.