Gold and Silver Prices Today: Gold prices saw a slight increase on Thursday. The cost of 24 carat gold is Rs.8134.3 per gm, up by Rs.710.0. The cost of 22 carat gold is Rs.7458.3 per gm, up by Rs.650.0.
The price change in 24 carat gold in the last one week has been -0.41%, whereas in the last month it has been -3.61%. The cost of silver is Rs.103200.0 per kg, up by Rs.1000.0 per kg.
Gold and Silver Prices in Different Cities
Gold Price Today in Delhi is ₹81343.0/10 grams. Yesterday’s Gold Price on 30-10-2024 was ₹79963.0/10 grams, and last week’s gold price on 25-10-2024 was ₹79633.0/10 grams.
Silver Price Today in Delhi is ₹103200.0/Kg. Yesterday’s Silver rate on 30-10-2024 was ₹101000.0/Kg, and last week’s silver price on 25-10-2024 was ₹105000.0/Kg.
Gold Price Today in Chennai is ₹81191.0/10 grams. Yesterday’s Gold Price on 30-10-2024 was ₹79811.0/10 grams, and last week’s gold price on 25-10-2024 was ₹79481.0/10 grams.
Silver Price Today in Chennai is ₹111800.0/Kg. Yesterday’s Silver rate on 30-10-2024 was ₹109600.0/Kg, and last week’s silver price on 25-10-2024 was ₹112600.0/Kg.
Gold Price Today in Mumbai is ₹81197.0/10 grams. Yesterday’s Gold Price on 30-10-2024 was ₹79817.0/10 grams, and last week’s gold price on 25-10-2024 was ₹79487.0/10 grams.
Silver Price Today in Mumbai is ₹102500.0/Kg. Yesterday’s Silver rate on 30-10-2024 was ₹100300.0/Kg, and last week’s silver price on 25-10-2024 was ₹104300.0/Kg.
Gold Price Today in Kolkata is ₹81195.0/10 grams. Yesterday’s Gold Price on 30-10-2024 was ₹79815.0/10 grams, and last week’s gold price on 25-10-2024 was ₹79485.0/10 grams.
Silver Price Today in Kolkata is ₹104000.0/Kg. Yesterday’s Silver rate on 30-10-2024 was ₹101800.0/Kg, and last week’s silver price on 25-10-2024 was ₹105800.0/Kg.
Gold and Silver Futures
The gold December 2024 MCX futures were trading at Rs.79588.0 per 10 gm, down by 0.186% at the time of publishing. The silver December 2024 MCX futures were trading at Rs.96979.0 per kg, down by 0.779% at the time of publishing.
Insight into Gold and Silver Prices
Fluctuations in Gold and Silver prices are impacted by a range of elements, including input from respected jewelers. Factors such as global demand for gold, currency value variations between countries, current interest rates, and government regulations regarding the gold trade all contribute to these changes. Furthermore, global occurrences, such as the state of the global economy and the strength of the US dollar against other currencies, also exert influence on gold prices in the Indian market.
Additional Insight:
When analyzing gold and silver prices, it is crucial to consider geopolitical events, such as conflicts, trade agreements, and geopolitical tensions, as they can significantly impact precious metal prices. For example, uncertainty in the global economy or political instability can lead investors to seek the safe-haven appeal of gold, causing prices to rise. Similarly, industrial demand and supply constraints for silver can also affect its price dynamics. By keeping track of these various factors, investors can make more informed decisions when trading in gold and silver markets.
