Gold prices saw a slight decrease on Sunday, with 24 carat gold priced at Rs.7346.0 per gm, down by Rs.68.0, and 22 carat gold at Rs.6735.0 per gm, a decrease of Rs.2.0. The fluctuations in the price of 24 carat gold over the past week have been minimal at 0.02%, but there has been a decrease of -3.46% over the past month. On the other hand, the current rate for silver is Rs.87000.0 per kg, showing an increase of Rs.3860.0 per kg.
Gold Price in Different Cities
Gold Price in Delhi
Gold Price Today in Delhi is ₹73460.0/10 grams. The price recorded yesterday, on 07-09-2024, was ₹73528.0/10 grams, and the price from last week, on 02-09-2024, was ₹73541.0/10 grams.
Silver Price in Delhi
The Silver Price Today in Delhi is ₹87000.0/Kg. The rate yesterday, on 07-09-2024, was ₹83140.0/Kg, while last week’s price on 02-09-2024 was ₹85270.0/Kg.
Gold Price in Chennai
Gold Price Today in Chennai is ₹73310.0/10 grams. The price recorded yesterday, on 07-09-2024, was ₹73888.0/10 grams, and the price from last week, on 02-09-2024, was ₹73685.0/10 grams.
Silver Price in Chennai
The Silver Price Today in Chennai is ₹92000.0/Kg. The rate yesterday, on 07-09-2024, was ₹83140.0/Kg, while last week’s price on 02-09-2024 was ₹85190.0/Kg.
Gold Price in Mumbai
Gold Price Today in Mumbai is ₹73310.0/10 grams. The price recorded yesterday, on 07-09-2024, was ₹73384.0/10 grams, and the price from last week, on 02-09-2024, was ₹74189.0/10 grams.
Silver Price in Mumbai
The Silver Price Today in Mumbai is ₹87000.0/Kg. The rate yesterday, on 07-09-2024, was ₹83140.0/Kg, while last week’s price on 02-09-2024 was ₹85270.0/Kg.
Gold Price in Kolkata
Gold Price Today in Kolkata is ₹73310.0/10 grams. The price recorded yesterday, on 07-09-2024, was ₹73025.0/10 grams, and the price from last week, on 02-09-2024, was ₹73829.0/10 grams.
Silver Price in Kolkata
The Silver Price Today in Kolkata is ₹87000.0/Kg. The rate yesterday, on 07-09-2024, was ₹83140.0/Kg, while last week’s price on 02-09-2024 was ₹85270.0/Kg.
When looking at the futures market, the gold September 2024 MCX futures were trading at Rs.470.0 per 10 gm, indicating a drop of 30.73%. Similarly, the silver November 2024 MCX futures were trading at Rs.3325.0 per kg, down by 24.842%.
Factors Influencing Gold and Silver Prices
Fluctuations in gold and silver prices are impacted by various factors, including global demand, currency fluctuations, interest rates, and governmental regulations. It’s essential to consider the broader economic landscape and events worldwide when analyzing trends in the gold and silver markets. In addition to these factors, consumer sentiment and geopolitical events can also play a significant role in shaping price movements.
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