Gold Price As we speak, Silver Price As we speak: Costs of gold and silver costs opened decrease in Mumbai’s spot market on Wednesday, September 28, 2022, taking cues from weak world costs.
The opening worth for 999 purity gold was Rs 49,368 per 10 grams, down Rs 161 from Tuesday’s closing worth of Rs 49,529, whereas that of 999 purity silver was Rs 54,193 per kg, down Rs 1,198 from Rs 55,391, the information obtainable on India Bullion and Jewellers Affiliation’s (IBJA) web site confirmed.
| Bullion | Purity | Opening worth (Rs) | Earlier shut (Rs) |
| Gold | 999 | 49,368 | 49,529 |
| 995 | 49,170 | 49,331 | |
| 916 | 45,221 | 45,369 | |
| 750 | 37,026 | 37,147 | |
| 585 | 28,880 | 28,975 | |
| Silver | 999 | 54,193 | 55,391 |
| Supply: India Bullion and Jewellers Affiliation (IBJA) | |||
On the Multi Commodity Change of India (MCX), the gold contract for October supply was buying and selling at Rs 49,080.00 per 10 grams, down Rs 239.00 (0.48 per cent) at 2:22 pm whereas the silver contract for December supply was at Rs 54,580.00, down Rs 799.00 (1.44 per cent).
Within the worldwide market, spot gold was down 0.5 per cent to $1,620.88 per ounce at 0634 GMT, after hitting its lowest since April 2020. US gold futures dropped 0.4 per cent to $1,629.70, knowledge by Reuters confirmed.