Gold prices saw a minor decrease today, with the cost of 24-carat gold now at Rs.7,718.30 per gram, down by Rs.20. The price for 22-carat gold is Rs.7,076.30 per gram, also reflecting a decline of Rs.20. Over the past week, 24-carat gold prices have decreased by 1.63%, and there has been a drop of 4.18% in the past month. Silver prices stand at Rs.98,000.00 per kilogram, showing a decrease of Rs.200.
Gold and Silver Prices in Major Cities
Delhi:
Gold Price: Today, gold costs Rs.77,183.00 for 10 grams, compared to Rs.76,543.00 yesterday and Rs.75,293.00 last week. Silver Price: The silver rate is Rs.98,000.00 per kg, up from Rs.96,000.00 yesterday and Rs.95,700.00 last week.
Chennai:
Gold Price: The gold price is Rs.77,031.00 for 10 grams, down from Rs.76,391.00 yesterday and Rs.75,141.00 last week. Silver Price: Silver is priced at Rs.103,600.00 per kg, up from Rs.100,600.00 yesterday and Rs.100,300.00 last week.
Mumbai:
Gold Price: In Mumbai, gold is priced at Rs.77,037.00 for 10 grams, compared to Rs.76,397.00 yesterday and Rs.75,147.00 last week. Silver Price: Silver costs Rs.97,500.00 per kg, up from Rs.95,200.00 yesterday and Rs.95,000.00 last week.
Kolkata:
Gold Price: Gold is available for Rs.77,035.00 for 10 grams, compared to Rs.76,395.00 yesterday and Rs.75,145.00 last week. Silver Price: The silver price is Rs.98,800.00 per kg, an increase from Rs.96,700.00 yesterday and Rs.95,500.00 last week.
Futures Prices
As of the latest updates, December 2024 MCX futures for gold are trading at Rs.76,262.00 per 10 grams, reflecting a slight increase of 0.012%. Meanwhile, November 2024 MCX futures for silver are priced at Rs.3,971.50 per kg, showing a rise of 1.886%.
Influencing Factors
Gold and silver prices are influenced by various factors, including insights from respected jewelers, global demand, currency fluctuations, current interest rates, and government regulations regarding gold trading. Additionally, global economic conditions and the strength of the US dollar against other currencies play significant roles in determining prices in the Indian market.
Gold and Silver Prices on September 20, 2024: Check Prices in Major Metros