Gold and silver prices fluctuate due to various factors.
Gold and Silver Prices in India Today: Gold and silver prices remained steady on Friday, with 24-carat gold priced at Rs7,289 per gram and 22-carat gold at Rs6,879 per gram. Over the past week, the price of 24-carat gold has seen a slight decrease of -0.53%, and in the last month, it dropped by -1.26%. Meanwhile, the price of silver stands at Rs86,500 per kilogram.
Gold and Silver Prices in India in Major Cities:
Delhi:
Gold: The price of gold today is Rs72,890 per 10 grams. Yesterday, it was Rs73,920, and last week on 07-09-2024, it stood at Rs73,528.
Silver: The silver price today is Rs86,500 per kilogram. Yesterday's rate was Rs85,000, and last week, it was Rs83,140.
Chennai:
Gold: Today’s gold price is Rs72,220 per 10 grams, compared to Rs71,820 yesterday and Rs73,888 last week.
Silver: The price of silver today is Rs91,500 per kilogram, compared to Rs90,000 yesterday and Rs83,140 last week.
Mumbai:
Gold: Gold today is priced at Rs73,100 per 10 grams. Yesterday, it was Rs72,670, while last week, the price was Rs73,384.
Silver: Silver is priced at Rs86,500 per kilogram today, up from Rs85,000 yesterday, and Rs83,140 last week.
Kolkata:
Gold: Today’s gold price is Rs74,510 per 10 grams, compared to Rs73,070 yesterday and Rs73,025 a week ago.
Silver: The silver rate today stands at Rs86,500 per kilogram, compared to Rs85,000 yesterday and Rs83,140 last week.
MCX Futures:
The gold September 2024 MCX futures were trading at Rs2,040 per 10 grams, down by 10.112%.
The silver December 2024 MCX futures were trading at Rs87,540 per kilogram, up by 0.511%.
Factors Influencing Gold and Silver Prices:
Gold and silver prices fluctuate due to various factors, including global demand, currency value changes, interest rates, and government policies affecting gold trade. International events such as the state of the global economy and the strength of the US dollar against other currencies also play a significant role in influencing these prices in the Indian market.
