Gold and Silver Prices Today: Gold prices saw a slight uptick on Thursday. The price of 24 carat gold is now at Rs.8025.3 per gm, showing an increase of Rs.450.0. Meanwhile, the cost of 22 carat gold stands at Rs.7358.3 per gm, also up by Rs.420.0. Over the past week, 24 carat gold has experienced a decrease of -1.92%, and over the last month, it has recorded a decline of -4.11%. The current price of silver is Rs.107200.0 per kg, marking an increase of Rs.2000.0 per kg.
Gold Price in Delhi
The Gold Price Today in Delhi is ₹80253.0 per 10 grams. Yesterday’s Gold Price on 23-10-2024 was ₹79823.0 per 10 grams, and last week’s gold price on 18-10-2024 was ₹78293.0 per 10 grams.
Silver Price in Delhi
The Silver Price Today in Delhi is ₹107200.0 per Kg. Yesterday’s Silver rate on 23-10-2024 was ₹104200.0 per Kg, and last week’s silver price on 18-10-2024 was ₹100000.0 per Kg.
Insights on Gold and Silver Prices in Different Cities
Gold Price in Chennai
The Gold Price Today in Chennai is ₹80101.0 per 10 grams. Yesterday’s Gold Price on 23-10-2024 was ₹79671.0 per 10 grams, and last week’s gold price on 18-10-2024 was ₹78141.0 per 10 grams.
Silver Price in Chennai
The Silver Price Today in Chennai is ₹114800.0 per Kg. Yesterday’s Silver rate on 23-10-2024 was ₹111800.0 per Kg, and last week’s silver price on 18-10-2024 was ₹105600.0 per Kg.
Gold Price in Mumbai
The Gold Price Today in Mumbai is ₹80107.0 per 10 grams. Yesterday’s Gold Price on 23-10-2024 was ₹79677.0 per 10 grams, and last week’s gold price on 18-10-2024 was ₹78147.0 per 10 grams.
Silver Price in Mumbai
The Silver Price Today in Mumbai is ₹106500.0 per Kg. Yesterday’s Silver rate on 23-10-2024 was ₹103500.0 per Kg, and last week’s silver price on 18-10-2024 was ₹99300.0 per Kg.
Gold Price in Kolkata
The Gold Price Today in Kolkata is ₹80105.0 per 10 grams. Yesterday’s Gold Price on 23-10-2024 was ₹79675.0 per 10 grams, and last week’s gold price on 18-10-2024 was ₹78145.0 per 10 grams.
Silver Price in Kolkata
The Silver Price Today in Kolkata is ₹108000.0 per Kg. Yesterday’s Silver rate on 23-10-2024 was ₹105000.0 per Kg, and last week’s silver price on 18-10-2024 was ₹100800.0 per Kg.
Moving on to futures trading, the gold February 2025 MCX futures were trading at Rs.78466.0 per 10 gm, showing a modest increase of 0.106% at the time of publishing. On the other hand, the silver December 2024 MCX futures were trading at Rs.97515.0 per kg, indicating a rise of 0.572% at the time of publishing.
Fluctuations in gold and silver prices are influenced by various factors, including input from reputable jewelers. Factors such as global demand for gold, fluctuations in currency values among nations, prevailing interest rates, and government regulations regarding gold trading significantly contribute to these changes. Additionally, global events, including the state of the global economy and the strength of the US dollar against other currencies, also affect gold prices in the Indian market.
Factors Influencing Gold and Silver Prices
It is essential to consider the broader economic landscape and geopolitical factors when analyzing the trends in gold and silver prices. These precious metals serve as safe-haven assets, with their value often reacting to global uncertainties and market volatility. Investors and traders closely monitor these factors to gauge the direction of gold and silver prices.