Gold, silver price today, December 1: Precious metals see slight decline in price; check out rates

The price of 10 grams of 24-carat gold decreased by Rs 10 to trade at Rs 48,310 from the previous day's market price. On Wednesday, the price of 10 grams of 22-carat gold was Rs 47,110. The price of silver declined by Rs 200 per kilogramme to Rs 61,700.

The price of 24-carat gold in Delhi is Rs 51,260, whereas in Mumbai it costs Rs 48,110. In Delhi and Mumbai, 10 grams of 22-carat gold on Monday cost Rs 46,990 and Rs 47,110, respectively.

In Chennai, 24-carat gold costs Rs 48,960, while 22-carat gold costs Rs 44,880. In Kolkata, 24-carat gold costs Rs 49,990, while 22-carat gold costs Rs 47,290. In Bengaluru, the going rate for 24-carat gold is Rs 48,650 per 10 grams while 22-carat gold is worth Rs 44,600.

Meanwhile, the price of 1 kg of silver stands decreased by Rs 200 per kg and now stands at Rs 61,700. In Chennai, 1 kg of silver is trading at Rs 66,300. In Kolkata and Bengaluru, 1 kg of silver is selling at Rs 61,700 on Tuesday.

The price of gold varies across the nation due to excise duty, state taxes, and making charges.

Here are the rates of 24-carat gold and silver in cities across the country:

Chennai:

Gold: Rs 48,960 per 10 grams

Silver: Rs 66,300 per kilogram

Mumbai:

Gold: Rs 48,110 per 10 grams

Silver: Rs 61,700 per kilogram

Delhi:

Gold: Rs 51,260 per 10 grams

Silver: Rs 61,700 per kilogram

Bengaluru:

Gold: Rs 48,650 per 10 grams

Silver: Rs 61,700 per kilogram

Kolkata:

Gold: Rs 49,990 per 10 grams

Silver: Rs 61,700 per kilogram

Hyderabad:

Gold: Rs 48,650 per 10 grams

Silver: Rs 66,300 per kilogram

Kerala:

Gold: Rs 48,650 per 10 grams

Silver: Rs 66,300 per kilogram