Key Takeaways:
- Gold and silver prices declined on the Multi Commodity Index on Friday.
- The average price of 10 grams of 22K gold was ₹65,900 and for 24K gold was ₹71,890.
- The rate of 10 grams of 24K gold in Chennai was ₹72,660, followed by Delhi and Jaipur at ₹72,310.
- The average price of 1 kg of silver stood at ₹90,500.
- Silver prices varied across different cities in India, with Chennai, Hyderabad, and Kerala selling it at ₹95,000.
24 Carat Gold Price Today 14 June (per 10gm) – Indian Top Cities
| City | Price (per 10gm) |
|---|---|
| Delhi | ₹72,040 |
| Chennai | ₹72,550 |
| Mumbai | ₹71,890 |
| Kolkata | ₹71,890 |
| Bengaluru | ₹71,890 |
1 KG Silver Price Today 14 June – Indian Top Cities
| City | Price (1kg) |
|---|---|
| Delhi | ₹90,500 |
| Chennai | ₹95,000 |
| Mumbai | ₹90,500 |
| Kolkata | ₹90,500 |
| Bengaluru | ₹90,400 |
Gold and silver prices are influenced by various factors including global demand, currency fluctuations, interest rates, and governmental regulations. Global events and the strength of the US dollar also play a significant role in affecting prices within the Indian market.
FAQ
1. What factors influence gold and silver prices?
Factors such as global demand, currency values, interest rates, and government regulations impact gold and silver prices.
2. How do global events affect gold prices in India?
Global events like the state of the world economy and the strength of the US dollar relative to other currencies can significantly impact gold prices in the Indian market.
3. Why do silver prices vary across different cities in India?
Silver prices can vary across cities due to different levels of demand and supply, as well as local market dynamics influencing the pricing.
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