Gold And Silver Prices Remain Steady
Gold prices held steady on Sunday, with 24 carat gold priced at Rs.7531.0 per gram and 22 carat gold at Rs.6910.0 per gram. In the last week, 24 carat gold has seen a price change of 0.78%, while over the last month, the change has been -1.59%. The cost of silver stands at Rs.89500.0 per kilogram.
Insight into Gold and Silver Prices in Different Cities
### Gold Price in Delhi
In Delhi, the Gold Price Today is at ₹75310.0/10 grams. Yesterday’s price was ₹72890.0/10 grams, while last week’s price stood at ₹73460.0/10 grams.
### Silver Price in Delhi
Similarly, the Silver Price Today in Delhi is ₹89500.0/Kg. Comparatively, yesterday’s rate was ₹86500.0/Kg, and last week’s price was ₹87000.0/Kg.
### Gold Price in Chennai
Moving to Chennai, the Gold Price Today is ₹73100.0/10 grams. Yesterday, it was at ₹72220.0/10 grams, while last week’s price was ₹73310.0/10 grams.
### Silver Price in Chennai
In terms of silver, the Silver Price Today in Chennai is ₹95000.0/Kg. This marks an increase from yesterday’s rate of ₹91500.0/Kg and last week’s price of ₹92000.0/Kg.
### Gold Price in Mumbai
In Mumbai, the Gold Price stands at ₹73990.0/10 grams today, with yesterday’s price at ₹73100.0/10 grams and last week’s at ₹73310.0/10 grams.
### Silver Price in Mumbai
The Silver Price Today in Mumbai is the same as Delhi, at ₹89500.0/Kg. Yesterday’s rate was ₹86500.0/Kg, and last week’s price was ₹87000.0/Kg.
### Gold Price in Kolkata
Lastly, the Gold Price Today in Kolkata has reached ₹75600.0/10 grams. Looking back, yesterday’s price was ₹74510.0/10 grams, and last week’s was ₹73310.0/10 grams.
### Silver Price in Kolkata
In line with other cities, the Silver Price Today in Kolkata is ₹89500.0/Kg. Compared to yesterday’s rate of ₹86500.0/Kg and last week’s price of ₹87000.0/Kg.
Insight into Future Gold and Silver Prices
The gold September 2024 MCX futures are currently trading at Rs.4511.0 per 10 grams, indicating a 25.602% increase. On the other hand, the silver November 2024 MCX futures are trading at Rs.2726.0 per kilogram, reflecting a decrease of 23.265%.
Factors Influencing Gold and Silver Prices
Various factors impact the fluctuations in gold and silver prices, including global demand, currency fluctuations, interest rates, and government regulations. Moreover, global events and the strength of the US dollar also play a significant role in influencing gold prices in markets like India. It’s essential for investors and traders to stay informed about these factors to make informed decisions.
