Gold prices experienced a slight decline on Sunday, with the current price of 24 carat gold standing at Rs.7757.3 per gram, reflecting a decrease of Rs.60.0. The price for 22 carat gold is Rs.7112.3 per gram, also down by Rs.60.0. In the past week, the price of 24 carat gold has fluctuated by -1.41%, while over the previous month, it has decreased by -5.19%.
The current price of silver is Rs.98100.0 per kilogram, indicating a reduction of Rs.1100.0 per kilogram.
Gold Price in Different Cities
Gold Price in Delhi
The Gold Price Today in Delhi is ₹77573.0 per 10 grams. The price on 28-09-2024 was ₹77183.0, and one week ago on 23-09-2024, it was ₹76093.0.
Silver Price in Delhi
The Silver Price Today in Delhi is ₹98100.0 per kilogram. The rate on 28-09-2024 was ₹98000.0, while the price on 23-09-2024 was ₹96000.0.
Gold Price in Chennai
The Gold Price Today in Chennai is ₹77421.0 per 10 grams. The price on 28-09-2024 was ₹77031.0, and one week ago on 23-09-2024, it was ₹75941.0.
Silver Price in Chennai
The Silver Price Today in Chennai is ₹103700.0 per kilogram. The rate on 28-09-2024 was ₹103600.0, and the price on 23-09-2024 was ₹100600.0.
Gold Price in Mumbai
The Gold Price Today in Mumbai is ₹77427.0 per 10 grams. The price on 28-09-2024 was ₹77037.0, while on 23-09-2024, it was ₹75947.0.
Silver Price in Mumbai
The Silver Price Today in Mumbai is ₹97400.0 per kilogram. The rate on 28-09-2024 was ₹97500.0, and the price on 23-09-2024 was ₹95300.0.
Gold Price in Kolkata
The Gold Price Today in Kolkata is ₹77425.0 per 10 grams. The price on 28-09-2024 was ₹77035.0, and one week ago on 23-09-2024, it was ₹75945.0.
Silver Price in Kolkata
The Silver Price Today in Kolkata is ₹98900.0 per kilogram. The rate on 28-09-2024 was ₹98800.0, while on 23-09-2024, it was ₹96800.0.
At the time of publishing, the gold December 2024 MCX futures were trading at ₹75739.0 per 10 grams, representing a decrease of 0.674%. The silver December 2024 MCX futures were trading at ₹91384.0 per kilogram, down by 1.381%.
Fluctuations in gold and silver prices are influenced by various factors, including insights from esteemed jewelers. Global demand for gold, currency fluctuations, interest rates, and governmental regulations play a significant role. Additionally, events like the state of the world economy and the US dollar strength impact gold prices in the Indian market.
Insight:
In addition to the mentioned factors, geopolitical tensions, inflation rates, and investor sentiment can also have a significant impact on gold and silver prices. Investors often turn to precious metals like gold and silver as safe-haven assets during times of economic uncertainty, which can drive up prices. Furthermore, the demand for gold in jewelry, technology, and central bank reserves can drive price fluctuations in the market.
