October 15: Gold prices decreases in India; best time to buy!

As Diwali approaches, gold prices are decreasing gradually. For the second consecutive day, gold and silver rates have dropped slightly. The reports say that this is a favorable time to purchase this precious metal. 

Here are the prices of gold in major cities of India:

Hyderabad: Rs 70,950 (22-carat, 10g), Rs 77,400 (24-carat, 10g) Vijayawada: Rs 70,950 (22-carat, 10g), Rs 77,400 (24-carat, 10g) 
Chennai: Rs 70,950 (22-carat, 10g), Rs 77,400 (24-carat, 10g) 
Bengaluru: Rs 70,950 (22-carat, 10g), Rs 77,400 (24-carat, 10g)
Delhi: Rs 71,100 (22-carat, 10g), Rs 77,550 (24-carat, 10g)
Mumbai: Rs 70,950 (22-carat, 10g), Rs 77,400 (24-carat, 10g)

Meanwhile, the price of 1 Kg of Silver is  Rs 1.03 lakh in all major cities of India. 

Also read: October 16: Holiday for schools, colleges in Tamil Nadu!