Key Takeaways:
- Both Gold and Silver prices increased on the Multi Commodity Index on Friday.
- The average price of 10 gram of 22K Gold stood at ₹67,600, while 24K gold prices stood at ₹73,750.
- The rate of 10 grams of 24K gold in Chennai stood at ₹74,620, followed by Delhi and Jaipur where the gold costs ₹73,900.
- The average price of 1 kg of silver stood at ₹96,000, with higher rates in Chennai, Hyderabad, and Kerala.
24 Carat Gold Price Today 07 June (per 10gm) – Indian Top Cities
| City | Price |
|---|---|
| Delhi | ₹73,900 |
| Chennai | ₹74,620 |
| Mumbai | ₹73,750 |
| Kolkata | ₹73,750 |
| Bengaluru | ₹73,750 |
1 KG Silver Price Today 07 June – Indian Top Cities
| City | Price |
|---|---|
| Delhi | ₹96,000 |
| Chennai | ₹1,00,500 |
| Mumbai | ₹96,000 |
| Kolkata | ₹96,000 |
| Bengaluru | ₹93,250 |
Gold and Silver prices are influenced by various factors such as global demand, currency fluctuations, interest rates, and government regulations. These prices are also impacted by global events and the strength of the US dollar relative to other currencies.
FAQs:
1. What factors influence Gold and Silver prices?
Gold and Silver prices are influenced by factors such as global demand, currency values, interest rates, and government regulations.
2. How do global events affect Gold prices in the Indian market?
Global events, such as the state of the world economy and the strength of the US dollar, can significantly impact Gold prices within the Indian market.
3. Why do Gold and Silver prices fluctuate?
Gold and Silver prices fluctuate due to changing demand, currency fluctuations, interest rates, and other market factors.
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