Gold And Silver Prices Today: Gold prices saw a slight increase on Saturday. The cost of 24-carat gold is Rs.7452.7 per gram, up by Rs.681.0. The cost of 22-carat gold is Rs.6826.6 per gram, up by Rs.624.0. The price change in 24-carat gold in the last week has been -1.88%, whereas in the last month, it has been -1.31%.
The cost of silver is Rs.92630.0 per kg, down by Rs.230.0 per kg.
Gold Price in Delhi
Gold Price Today in Delhi is ₹74527.0/10 grams. Yesterday’s Gold Price on 31-05-2024 was ₹74658.0/10 grams, and last week’s gold price on 26-05-2024 was ₹73252.0/10 grams.
Silver Price in Delhi
Silver Price Today in Delhi is ₹92630.0/Kg. Yesterday’s Silver rate on 31-05-2024 was ₹94400.0/Kg, and last week’s silver price on 26-05-2024 was ₹89850.0/Kg.
Gold Price in Chennai
Gold Price Today in Chennai is ₹73875.0/10 grams. Yesterday’s Gold Price on 31-05-2024 was ₹74368.0/10 grams, and last week’s gold price on 26-05-2024 was ₹73325.0/10 grams.
Silver Price in Chennai
Silver Price Today in Chennai is ₹92730.0/Kg. Yesterday’s Silver rate on 31-05-2024 was ₹94210.0/Kg, and last week’s silver price on 26-05-2024 was ₹89940.0/Kg.
Gold Price in Mumbai
Gold Price Today in Mumbai is ₹74454.0/10 grams. Yesterday’s Gold Price on 31-05-2024 was ₹73644.0/10 grams, and last week’s gold price on 26-05-2024 was ₹73469.0/10 grams.
Silver Price in Mumbai
Silver Price Today in Mumbai is ₹92630.0/Kg. Yesterday’s Silver rate on 31-05-2024 was ₹94400.0/Kg, and last week’s silver price on 26-05-2024 was ₹89850.0/Kg.
Gold Price in Kolkata
Gold Price Today in Kolkata is ₹74093.0/10 grams. Yesterday’s Gold Price on 31-05-2024 was ₹74368.0/10 grams, and last week’s gold price on 26-05-2024 was ₹73469.0/10 grams.
Silver Price in Kolkata
Silver Price Today in Kolkata is ₹92630.0/Kg. Yesterday’s Silver rate on 31-05-2024 was ₹94400.0/Kg, and last week’s silver price on 26-05-2024 was ₹89850.0/Kg.
The gold December 2024 MCX futures were trading at Rs.72832.0 per 10 grams, down by 0.0% at the time of publishing.
The silver July 2024 MCX futures were trading at Rs.91650.0 per kg, up by 0.087% at the time of publishing.
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 fluctuations between countries, current interest rates, and government regulations regarding the gold trade all contribute to these changes. Additionally, global events such as the state of the global economy and the strength of the US dollar against other currencies also influence gold prices in the Indian market.
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Published: 01 Jun 2024, 10:15 AM IST
### Additional Insight:
#### Factors Influencing Gold and Silver Prices
Gold and silver prices are subject to various influencing factors. These factors include the demand for these precious metals, changes in global currency values, interest rates, and governmental regulations within the gold market. Additionally, external events like shifts in the global economy and currency fluctuations, particularly the value of the US dollar against other currencies, significantly impact the prices of gold and silver in the Indian market.
By understanding these factors, investors and traders can better predict and interpret the fluctuations in gold and silver prices, enabling them to make more informed decisions.