Cuttack, Sep 27: Gold prices in India witnessed a fall as the market opens on Wednesday.
In Odisha, the price of yellow metal 22K (10 grams) traded at Rs 55,900 while the price of 20K gold (10 grams) stood at Rs 50,700.
Meanwhile, the price of 18K gold (10 grams) stood at Rs 45,900. The price of 14K gold (10 grams) stood at Rs 36,100.
In Cuttack, the GST 995 yellow metal traded at Rs 6,040 per gram and the ready 995 gold prices stood at Rs 5,980 per gram.
The price of silver metal also witnessed an decrease today. The price of LRS silver stood at Rs 73,500 per kg and the price of 9999 silver stood at Rs 73,400.
It may be noted that the gold price can vary as per the MCX and dealer to dealer.
Gold is considered an important part of India's economy and social life due to its cultural significance, investment values, and its traditional role in weddings and festivals.
Notably, the gold and silver prices in India are influenced by a variety of factors, including global economic conditions, inflation rates, currency fluctuations, and local demand and supply dynamics.
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