Gold Prices Soar: Is It the Right Time to Buy or Sell? Check Latest Rates!

Gold prices saw a slight rise today, November 28, 2024. The price of 24-carat gold increased by Rs.290, reaching Rs.7769.3 per gram. Similarly, the cost of 22-carat gold rose by Rs.270, now priced at Rs.7123.3 per gram.

Over the past week, the price of 24-carat gold has decreased by 0.74%, but it has risen by 2.44% over the last month. Meanwhile, silver prices are steady at Rs.92500.0 per kilogram.

Gold Prices in Major Cities:

Delhi: The price of gold today is Rs.77693.0 per 10 grams, showing a slight decrease from Rs.78713.0 per 10 grams yesterday (November 27, 2024). Last week's price on November 22, 2024, was Rs.78133.0 per 10 grams.

Chennai: Gold is priced at Rs.77541.0 per 10 grams today, down from Rs.78561.0 per 10 grams yesterday. The price a week ago was Rs.77981.0 per 10 grams.

Mumbai: In Mumbai, the cost of gold stands at Rs.77547.0 per 10 grams, a decrease from Rs.78567.0 on November 27, 2024. The price last week was Rs.77987.0 per 10 grams.

Kolkata: The price of gold in Kolkata is Rs.77545.0 per 10 grams, slightly down from Rs.78565.0 yesterday. Last week's rate was Rs.77985.0 per 10 grams.

Silver Prices in Major Cities:

Delhi: Silver is priced at Rs.92500.0 per kilogram today, down from Rs.94500.0 per kilogram yesterday and Rs.95000.0 a week ago.

Chennai: The price of silver in Chennai today is Rs.100600.0 per kilogram, down from Rs.103100.0 yesterday and Rs.103600.0 last week.

Mumbai: In Mumbai, silver costs Rs.91800.0 per kilogram today, a decrease from Rs.93800.0 yesterday and Rs.94300.0 last week.

Kolkata: The silver price in Kolkata is Rs.93300.0 per kilogram, down from Rs.95300.0 yesterday and Rs.95800.0 last week.

Futures Prices:

The MCX futures price for gold (April 2025) is Rs.76820.0 per 10 grams, reflecting a slight drop of 0.335%. The MCX futures price for silver (December 2024) is Rs.86915.0 per kilogram, down by 0.872%.

Why Prices Fluctuate: Gold and silver prices can vary due to multiple factors such as global demand, currency fluctuations, interest rates, and regulations in the gold trade. Global events and economic conditions, particularly the strength of the US dollar, also play a role in shaping these prices in the Indian market.

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