Current 22k gold price per gram as of 8/20/2008?

Question

Can anybody tell me the current gold price for 22k gold per gram in hyderabad/Andhra Pradesh. I heard that recently the gold price has come down, but I want to know the exact amount. Thanks. And if we want to buy a gold biscuit, then how many grams of gold does it have? And how much that would cost if bought today/tomorrow or in the next 7 days.

Answer 1

You can look up gold prices here:

http://www.kitco.com/market/inr_charts.h...

Based on a current price of 1165.68INR / troy ounce for 24K gold, my spreadsheet says 22K gold would be 1068.54INR / gram.

I have heard of gold biscuits, but I believe they are available in different weights.

The price of gold has risen the last few days, but it could go back down, or it may go higher.

Grandpa