Key Takeaways:
- Gold prices saw a slight increase on Saturday.
- The cost of 24 carat gold is Rs.7373.5 per gm, up by Rs.291.0.
- The cost of 22 carat gold is Rs.6754.1 per gm, up by Rs.266.0.
- The price change in 24 carat gold in the last one week has been 1.15%.
- The cost of silver is Rs.88010.0 per kg, down by Rs.100.0 per kg.
Gold and Silver Prices Today:
| Metro City | Gold Price Today (10 grams) | Yesterday’s Gold Price | Last Week’s Gold Price |
|---|---|---|---|
| Delhi | ₹73735.0 | ₹73155.0 | ₹73998.0 |
| Chennai | ₹73806.0 | ₹73370.0 | ₹73423.0 |
| Mumbai | ₹73950.0 | ₹73656.0 | ₹73855.0 |
| Kolkata | ₹73088.0 | ₹72797.0 | ₹73495.0 |
MCX Futures:
- Gold October 2024 MCX futures were trading at Rs.72191.0 per 10 gm.
- Silver July 2024 MCX futures were trading at Rs.89155.0 per kg.
Factors Influencing Gold and Silver Prices:
Fluctuations in Gold and Silver prices are impacted by a range of elements, among them the input from respected jewelers. Elements such as the worldwide desire for gold, variations in currency values between countries, current interest rates, and government rules regarding the gold trade all play a role in these changes. Furthermore, worldwide occurrences such as the state of the global economy and the potency of the US dollar against other currencies also exert influence on gold prices in the Indian market.
FAQ:
1. What was the price change in 24 carat gold in the last month?
In the last month, the price change in 24 carat gold was 2.7%.
2. What was the cost of silver per kg in Delhi yesterday?
The cost of silver per kg in Delhi yesterday was ₹88370.0.
3. What factors influence fluctuations in gold and silver prices?
Factors such as the worldwide demand for gold, currency value variations, interest rates, government regulations, and global economic conditions influence the fluctuations in gold and silver prices.
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