Gold price steady at Rs 40,780 per 10 gram, silver gains Rs 110 per kg

Gold price steady at Rs 40,780 per 10 gram, silver gains Rs 110 per kg

Gold prices remained firm at Rs 40,780 per 10 gram in the Mumbai bullion market on rupee depreciation. The rate of 10 grams 22-carat gold in Mumbai was Rs 37,354 plus 3 percent GST while 24-carat 10 gram was Rs 40,780 plus GST. The 18-carat gold quoted at Rs 30,585 plus GST in the retail market. According to Navneet Damani, Vice President, Motilal Oswal, gold prices held steady near a one-week high, as a mounting coronavirus death toll supported safe-haven buying, while a stronger dollar capped gains.

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