Gold And Silver Prices Today: Gold prices experienced a slight increase on Wednesday. The price of 24 carat gold is Rs.6426.4 per gm, up by Rs.1107.0. The price of 22 carat gold is Rs.5886.5 per gm, up by Rs.1013.0.
The price change in 24 carat gold in the last one week has been -1.06%, whereas in the last month it has been -0.7%.
The cost of "silver" is Rs.73900.0 per kg, down by Rs.500.0 per kg.
Gold and Silver prices in different cities are as follows:
Chennai: Gold price - Rs.63267.0/10g, Silver price - Rs.75400.0/1kg.
Delhi: Gold price - Rs.64264.0/10g, Silver price - Rs.73900.0/1kg.
Mumbai: Gold price - Rs.63516.0/10g, Silver price - Rs.73900.0/1kg.
Kolkata: Gold price - Rs.63890.0/10g, Silver price - Rs.73900.0/1kg.
The gold June 2024 MCX futures were trading at Rs.62633.0 per 10 gm, down by 0.032% at the time of publishing.
The silver July 2024 MCX futures were trading at Rs.72327.0 per kg, down by 0.287% at the time of publishing.
Fluctuations in Gold and Silver prices are influenced by various factors, including inputs from reputable jewelers. Factors such as global demand for gold, fluctuations in currency values, prevailing interest rates, and government regulations related to the gold market all contribute to these fluctuations. Additionally, global events such as the state of the global economy and the strength of the US dollar against other currencies also impact gold prices in the Indian market.
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