Gold and Silver Prices Today
Gold prices experienced a marginal decline on Thursday, with the price of 24 carat gold at Rs.7343.0 per gm, reflecting a decrease of Rs.80.0. Similarly, the cost of 22 carat gold stood at Rs.6752.0 per gm, down by Rs.50.0. The price fluctuation for 24 carat gold over the past week has been -0.6%, while the change over the past month is -0.02%. The current price of silver is Rs.89500.0 per kg.
Gold Price in Delhi
In Delhi, the Gold Price Today stands at ₹73430.0 per 10 grams. The previous day’s gold price on 18-09-2024 was ₹73330.0 per 10 grams, and last week’s price on 13-09-2024 was ₹72890.0 per 10 grams.
Additional Insight:
The fluctuation in gold prices reflects the sensitivity of this market to even minor changes, making it essential for investors and buyers to stay updated with the latest trends to make informed decisions.
Silver Price in Delhi
The Silver Price Today in Delhi is ₹89500.0 per kg. The rate on the previous day, 18-09-2024, was also ₹89500.0 per kg, while last week’s price on 13-09-2024 was ₹86500.0 per kg.
Gold Price in Chennai
The Gold Price Today in Chennai is ₹73310.0 per 10 grams. On 18-09-2024, the price was ₹73280.0 per 10 grams, and last week’s price on 13-09-2024 was ₹72220.0 per 10 grams.
Silver Price in Chennai
The Silver Price Today in Chennai is ₹95000.0 per kg. The price on the previous day, 18-09-2024, was also ₹95000.0 per kg, whereas last week’s price on 13-09-2024 was ₹91500.0 per kg.
Gold Price in Mumbai
The Gold Price Today in Mumbai is ₹74230.0 per 10 grams. On 18-09-2024, the price was ₹74340.0 per 10 grams, and last week’s price on 13-09-2024 was ₹73100.0 per 10 grams.
Silver Price in Mumbai
The Silver Price Today in Mumbai is ₹89500.0 per kg. The rate on the previous day, 18-09-2024, was also ₹89500.0 per kg, while last week’s price on 13-09-2024 was ₹86500.0 per kg.
Gold Price in Kolkata
The Gold Price Today in Kolkata is ₹73410.0 per 10 grams. The price on 18-09-2024 was ₹73290.0 per 10 grams, and last week’s price on 13-09-2024 was ₹74510.0 per 10 grams.
Silver Price in Kolkata
The Silver Price Today in Kolkata is ₹89500.0 per kg. The rate on the previous day, 18-09-2024, was also ₹89500.0 per kg, while last week’s price on 13-09-2024 was ₹86500.0 per kg.
Insight:
The variations in gold and silver prices across different cities in India highlight the localized nature of these markets influenced by factors like demand, supply chains, and regional economic conditions.
Gold and Silver Futures
The gold September 2024 MCX futures were trading at Rs.577.0 per 10 gm, down by 3.673% at the time of publication. The silver November 2024 MCX futures were trading at Rs.3871.5 per kg, down by 3.031% at the time of publication.
Factors Influencing Gold and Silver Prices
Fluctuations in Gold and Silver prices are influenced by a myriad of factors, including insights from reputable jewelers. Key elements affecting these prices encompass global demand for gold, fluctuations in currency values among nations, prevailing interest rates, and governmental regulations pertaining to the gold trade. Additionally, global events such as the state of the world economy and the strength of the US dollar against other currencies play a significant role in influencing gold prices within the Indian market.
Insight:
Understanding the complex web of factors influencing gold and silver prices provides investors with a more comprehensive view of the market dynamics, enabling them to navigate potential risks and opportunities effectively.
