Gold and Silver Prices Today
Gold prices maintained stability on Monday, with 24-carat gold priced at Rs.7346.0 per gram and 22-carat gold at Rs.6735.0 per gram. Over the past week, the price of 24-carat gold has seen a minor decrease of -0.31%, while the drop over the last month stands at -2.89%. Additionally, the cost of silver stands at Rs.87000.0 per kilogram.
Gold Price in Delhi
In Delhi, the current price of gold stands at Rs.73460.0 for 10 grams. Yesterday’s price was Rs.73528.0 for 10 grams, and the rate a week ago was Rs.73299.0 for 10 grams.
Silver Price in Delhi
The current silver price in Delhi is Rs.87000.0 per kilogram, with yesterday’s rate at Rs.83140.0 per kilogram, and last week’s price at Rs.82950.0 per kilogram.
Gold Price in Chennai
Moving to Chennai, the gold price today is Rs.73310.0 for 10 grams, compared to yesterday’s rate of Rs.73888.0 for 10 grams and last week’s price of Rs.73370.0 for 10 grams.
Silver Price in Chennai
The silver price in Chennai is currently at Rs.92000.0 per kilogram, with yesterday’s rate at Rs.83140.0 per kilogram and last week’s price at Rs.83030.0 per kilogram.
Gold Price in Mumbai
In Mumbai, the current gold price is Rs.73310.0 for 10 grams. Yesterday, it was Rs.73384.0 for 10 grams, and last week it stood at Rs.73799.0 for 10 grams.
Silver Price in Mumbai
The silver price in Mumbai is the same as in Delhi, at Rs.87000.0 per kilogram. Yesterday’s rate was the same, and last week’s price was also consistent at Rs.82950.0 per kilogram.
Gold Price in Kolkata
Heading to Kolkata, the gold price today stands at Rs.73310.0 for 10 grams, with yesterday’s rate at Rs.73025.0 for 10 grams and last week’s price at Rs.72584.0 for 10 grams.
Silver Price in Kolkata
In Kolkata, the silver price mirrors that of Delhi and Mumbai at Rs.87000.0 per kilogram. Yesterday’s rate and last week’s price were also the same at Rs.83140.0 per kilogram and Rs.82950.0 per kilogram, respectively.
Insight into Future Gold and Silver Trends
The gold September 2024 MCX futures are currently being traded at Rs.1849.0 per 10 grams, indicating an increase of 10.785% at the time of publication. On the other hand, the silver November 2024 MCX futures are trading at Rs.4464.5 per kilogram, showing a decrease of 5.363% at the time of writing.
Factors Influencing Gold and Silver Prices
Various factors contribute to the fluctuations seen in gold and silver prices. Insights from reputable jewelers play a crucial role in understanding these changes. Elements such as global demand for gold, currency fluctuations, prevailing interest rates, and government regulations on the gold trade all impact price variations. Furthermore, global events, including the state of the world economy and the strength of the US dollar against other currencies, also play a significant role in influencing gold prices in the Indian market.
