Gold and Silver Prices Today
Gold prices saw a modest increase on Sunday, with 24 carat gold priced at Rs.7610.3 per gram, up by Rs.810.0, and 22 carat gold at Rs.6977.3 per gram, an increase of Rs.740.0. Over the past week, the price of 24 carat gold has gone up by 2.7%, while in the last month, it has decreased by 0.98%. The cost of silver is currently at Rs.96100.0 per kilogram, showing an increase of Rs.400.0 per kilogram.
Insight into Gold Price in Different Cities
Gold Price in Delhi: The Gold Price Today in Delhi is ₹76103.0 for 10 grams. The price has increased compared to yesterday and last week.
Gold Price in Chennai: The Gold Price Today in Chennai is ₹75951.0 for 10 grams. The price has slightly increased compared to the previous day and week.
Gold Price in Mumbai: The Gold Price Today in Mumbai is ₹75957.0 for 10 grams. The price has seen a slight increase from yesterday and last week.
Gold Price in Kolkata: The Gold Price Today in Kolkata is ₹75955.0 for 10 grams. The price has shown a slight increase from both yesterday and last week.
Insight into Silver Price in Different Cities
Silver Price in Delhi: The Silver Price Today in Delhi is ₹96100.0 per kilogram. The price has seen an increase from both yesterday and last week.
Silver Price in Chennai: The Silver Price Today in Chennai is ₹100700.0 per kilogram. The price has increased compared to the previous day and week.
Silver Price in Mumbai: The Silver Price Today in Mumbai is ₹95400.0 per kilogram. The price has seen an increase from yesterday and last week.
Silver Price in Kolkata: The Silver Price Today in Kolkata is ₹96900.0 per kilogram. The price has increased compared to both yesterday and last week.
Insight into Futures Trading
The gold September 2024 MCX futures are currently trading at Rs.2012.5 per 10 grams, reflecting an increase of 34.525%. On the other hand, the silver November 2024 MCX futures are trading at Rs.10771.0 per kilogram, showing an increase of 2.439%.
Factors Influencing Gold and Silver Prices
Fluctuations in gold and silver prices are affected by various factors, including input from reputable jewelers, global demand for gold, currency fluctuations, interest rates, and governmental regulations. Furthermore, global economic conditions and the strength of the US dollar against other currencies also play a significant role in influencing gold prices in the Indian market.
