Gold slumps ₹150, Silver price declines ₹40. Check latest prices

Prices of one gram and eight grams of 22-carat gold have also declined by ₹15 and ₹120, now costing at ₹5,570 and ₹44,560 respectively.

The price of 24-carat gold also slumped on Friday. One gram of 24k gold is priced at ₹6,076 while eight grams and 10 grams are priced at ₹48,608 and ₹60,760 respectively. The price of 100 grams of 24-carat gold is ₹6,07,600.

The prices of one gram, eight grams, 10 grams and 100 grams of 24-carat gold have declined by ₹17, ₹136, ₹170, and ₹1,700 respectively from Thursday, according to Goodreturns.

Meanwhile, the prices of silver also saw a marginal decline on Friday. A gram of silver is priced at ₹72.80 compared to ₹76.80 on Thursday. Similarly, eight grams of silver is priced at ₹582.40 with a decrease of ₹32. 10 grams of silver is available at ₹728 while one kg of silver will cost ₹72,800, with a slump of ₹4,000 from yesterday’ price, Goodreturns said.

Here are the gold and silver prices of top Indian cities on Friday:

Last month, the 22k gold achieved the highest rate of ₹57,200 on May 5, while 24k of gold was priced at ₹62,400 on the same day. The lowest rate in the month for 22k gold was recorded at ₹55,450 on May 30 while 24k gold was priced at ₹60,490 on the same day.