Gold prices remained stable today, with 24-carat gold priced at Rs.6397.0 per gm and 22-carat gold at Rs.5865.0 per gm.
Over the past week, the 24-carat gold price has experienced no change, while in the last month, it decreased by -2.99%.
The current cost of silver stands at Rs.76000.0 per kg, reflecting a decrease of Rs.600.0 per kg.
Here are the latest gold and silver prices in different cities:
- Chennai: Gold Rs.64530.0/10g, Silver Rs.77500.0/1kg.
- Delhi: Gold Rs.63970.0/10g, Silver Rs.76000.0/1kg.
- Mumbai: Gold Rs.63820.0/10g, Silver Rs.76000.0/1kg.
- Kolkata: Gold Rs.63820.0/10g, Silver Rs.76000.0/1kg.
As of the latest data, Gold February 2024 MCX futures were trading at Rs.62153.0 per 10 gm, up by 0.253%, while Silver May 2024 MCX futures were at Rs.73298.0 per kg, up by 0.238%.
Fluctuations in gold and silver prices are influenced by various factors, including input from reputable jewelers, global demand for gold, currency value fluctuations, prevailing interest rates, and governmental regulations affecting the gold trade.
Moreover, global events, including the condition of the worldwide economy and the strength of the US dollar compared to other currencies, significantly impact gold prices in the Indian market.