Key Takeaways:
- Gold prices slightly decreased, with 24 carat gold at Rs.7349.5 per gm and 22 carat gold at Rs.6732.1 per gm.
- Silver prices fell to Rs.87820.0 per kg.
- Gold and silver prices in Delhi, Chennai, Mumbai, and Kolkata for today, yesterday, and last week were provided.
- Gold August 2024 MCX futures and silver September 2024 MCX futures prices were also mentioned.
- Factors impacting gold and silver prices include global demand, currency values, interest rates, government regulations, and global economic conditions.
Gold and Silver Prices Today
| Metal | Today’s Price | Change |
|---|---|---|
| 24 Carat Gold | Rs.7349.5/gm | Decrease by Rs.24.0 |
| 22 Carat Gold | Rs.6732.1/gm | Decrease by Rs.22.0 |
| Silver | Rs.87820.0/kg | Decrease by Rs.190.0 |
Gold Prices in Major Indian Cities
Delhi:
Gold Price Today: ₹73495.0/10 grams
Yesterday: ₹73663.0/10 grams
Last Week: ₹73155.0/10 grams
Chennai:
Gold Price Today: ₹72711.0/10 grams
Yesterday: ₹73160.0/10 grams
Last Week: ₹73370.0/10 grams
Mumbai:
Gold Price Today: ₹72639.0/10 grams
Yesterday: ₹73806.0/10 grams
Last Week: ₹73656.0/10 grams
Kolkata:
Gold Price Today: ₹73566.0/10 grams
Yesterday: ₹73016.0/10 grams
Last Week: ₹72797.0/10 grams
FAQ:
1. What factors influence gold and silver prices?
Gold and silver prices are impacted by global demand, currency values, interest rates, government regulations, and global economic conditions.
2. How are gold and silver futures prices determined?
Gold and silver futures prices are determined based on market demand, supply, and other financial market factors.
3. Why do gold and silver prices change daily?
Gold and silver prices change daily due to fluctuations in market demand, economic conditions, geopolitical events, and investor sentiment.
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