Gold and Silver Prices Today
Gold prices saw a slight decrease on Monday. The cost of 24 carat gold is Rs.7354.1 per gm down by Rs.360.0. The cost of 22 carat gold is Rs.6736.4 per gm down by Rs.330.0. The price change in 24 carat gold in the last one week has been 1.4%, whereas in the last month it has been -2.95%.
The cost of silver is Rs.85270.0 per kg, up by Rs.80.0 per kg.
Insight on Price Changes
It is important to keep track of the price changes in gold and silver as they can provide insights into market trends and investment opportunities. Understanding the factors that influence these price changes can help individuals make informed decisions when buying or selling precious metals.
Gold and Silver Prices in Different Regions
Gold Price Today in Delhi is ₹73541.0/10 grams. Yesterday’s Gold Price on 01-09-2024 was ₹73181.0/10 grams, and last week’s gold price on 27-08-2024 was ₹74203.0/10 grams.
Silver Price Today in Delhi is ₹85270.0/Kg. Yesterday’s Silver rate on 01-09-2024 was ₹85100.0/Kg, and last week’s silver price on 27-08-2024 was ₹86450.0/Kg.
Gold Price Today in Chennai is ₹73685.0/10 grams. Yesterday’s Gold Price on 01-09-2024 was ₹73613.0/10 grams, and last week’s gold price on 27-08-2024 was ₹73195.0/10 grams.
Silver Price Today in Chennai is ₹85190.0/Kg. Yesterday’s Silver rate on 01-09-2024 was ₹85270.0/Kg, and last week’s silver price on 27-08-2024 was ₹86450.0/Kg.
Gold Price Today in Mumbai is ₹74189.0/10 grams. Yesterday’s Gold Price on 01-09-2024 was ₹74261.0/10 grams, and last week’s gold price on 27-08-2024 was ₹74131.0/10 grams.
Silver Price Today in Mumbai is ₹85270.0/Kg. Yesterday’s Silver rate on 01-09-2024 was ₹85100.0/Kg, and last week’s silver price on 27-08-2024 was ₹86450.0/Kg.
Gold Price Today in Kolkata is ₹73829.0/10 grams. Yesterday’s Gold Price on 01-09-2024 was ₹73109.0/10 grams, and last week’s gold price on 27-08-2024 was ₹73483.0/10 grams.
Silver Price Today in Kolkata is ₹85270.0/Kg. Yesterday’s Silver rate on 01-09-2024 was ₹85100.0/Kg, and last week’s silver price on 27-08-2024 was ₹86450.0/Kg.
Insight on Futures Trading
The gold September 2024 MCX futures were trading at Rs.147.0 per 10 gm down by 10.638% at the time of publishing. The silver September 2024 MCX futures were trading at Rs.82310.0 per kg down by 1.171% at the time of publishing.
Factors Influencing Gold and Silver Prices
Fluctuations in Gold and Silver prices are impacted by a range of elements, among them the input from respected jewelers. Elements such as the worldwide desire for gold, variations in currency values between countries, current interest rates, and government rules regarding the gold trade all play a role in these changes. Furthermore, worldwide occurrences such as the state of the global economy and the potency of the US dollar against other currencies also exert influence on gold prices in the Indian market.
By understanding these factors, investors can better predict and react to changes in gold and silver prices, ultimately maximizing their investment portfolios.
