Gold and Silver Prices Today: Gold prices remained steady on Monday. The cost of 24 carat gold is Rs. 7410.3 per gram while the cost of 22 carat gold is Rs. 6787.8 per gram. The price change in 24 carat gold in the last week has been -0.86%, whereas in the last month it has increased by 0.42%.
The cost of silver is Rs. 84380.0 per kg, down by Rs. 90.0 per kg.
Gold Price in Different Cities
Delhi
Gold Price Today in Delhi is ₹74103.0/10 grams. Yesterday’s Gold Price was ₹74322.0/10 grams, and last week’s gold price was ₹73683.0/10 grams.
Chennai
Gold Price Today in Chennai is ₹74687.0/10 grams. Yesterday’s Gold Price was ₹74176.0/10 grams, and last week’s gold price was ₹73037.0/10 grams.
Mumbai
Gold Price Today in Mumbai is ₹75271.0/10 grams. Yesterday’s Gold Price was ₹75052.0/10 grams, and last week’s gold price was ₹72965.0/10 grams.
Kolkata
Gold Price Today in Kolkata is ₹75417.0/10 grams. Yesterday’s Gold Price was ₹74395.0/10 grams, and last week’s gold price was ₹73899.0/10 grams.
Silver Price in Different Cities
The silver prices in various cities are in line with gold prices, with slight fluctuations.
MCX Futures
The gold August 2024 MCX futures were trading at Rs. 72475.0 per 10 gm, down by 0.49% at the time of publishing. Similarly, the silver July 2024 MCX futures were trading at Rs. 84467.0 per kg, down by 0.522% at the time of publishing.
Factors Affecting Prices
Fluctuations in Gold and Silver prices are impacted by a range of elements, including input from respected jewelers, global demand for gold, currency variations, interest rates, and government regulations. Additionally, global economic conditions and the strength of the US dollar against other currencies play a significant role in determining gold prices in the Indian market.
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Published: 13 May 2024, 10:15 AM IST
Additional Insight:
The prices of gold and silver in different cities fluctuate based on various factors, including demand, economic conditions, and global market trends. It is essential for investors and consumers to stay informed about these fluctuations to make informed decisions regarding buying or selling these precious metals.