Gold and Silver Rates Today (07-11-2024): Latest Prices Across Major Cities
Gold and silver rates are influenced by various factors including global demand.
Gold prices remained steady on Thursday, with 24-carat gold priced at Rs 8052.3 per gram, while 22-carat gold stands at Rs 7382.3 per gram. Over the past week, 24-carat gold saw a 1.37% increase but has declined by 3.48% over the last month. Silver currently costs Rs 99,100 per kg.
City-wise Gold and Silver Rates:
Delhi
- Gold: Rs 80,523 per 10 grams (previous day’s rate: Rs 80,413)
- Silver: Rs 99,100 per kg (no change from yesterday)
Chennai
- Gold: Rs 80,371 per 10 grams (previous rate: Rs 80,261)
- Silver: Rs 107,700 per kg (steady from the previous day)
Mumbai
- Gold: Rs 80,377 per 10 grams (previously Rs 80,267)
- Silver: Rs 98,400 per kg (unchanged from yesterday)
Kolkata
- Gold: Rs 80,375 per 10 grams (up from Rs 80,265)
- Silver: Rs 99,900 per kg (steady from the prior day)
MCX Futures:
Gold December 2024 MCX futures traded at Rs 76,395 per 10 grams, down 0.34%. Silver March 2025 futures were at Rs 92,800 per kg, down by 0.46%.
Gold and silver rates are influenced by various factors including global demand, currency fluctuations, interest rates, and geopolitical events. The strength of the U.S. dollar and the overall global economy continue to play significant roles in shaping these prices within the Indian market.