Gold and silver prices have seen notable shifts today. Whether you’re a seasoned investor or just looking to stay updated, here’s a quick glance at the latest trends in your city.
Gold and Silver Prices in Delhi
As of today, 24-carat gold in Delhi is priced at Rs. 77,583 for 10 grams, showing an increase from yesterday’s rate of Rs. 76,853. Over the past week, the price of gold has fluctuated, with last week’s rate at Rs. 77,843.
Silver in the capital has also seen a rise, with today’s price at Rs. 99,200 per kilogram, up from Rs. 97,000 yesterday.
Gold and Silver Prices in Chennai
Chennai’s gold rates are following a similar trend. The price of 24-carat gold stands at Rs. 77,431 for 10 grams, slightly up from Rs. 76,701 yesterday. Last week, the price hovered around Rs. 77,691.
The silver rate in Chennai is notably higher, with today’s price at Rs. 1,04,800 per kilogram, marking a jump from Rs. 1,02,600 the day before.
Gold and Silver Prices in Mumbai
In Mumbai, the gold price is currently Rs. 77,437 for 10 grams, an increase from Rs. 76,707 yesterday. A week ago, gold prices stood at Rs. 77,697.
Silver is priced at Rs. 98,500 per kilogram today, up from Rs. 96,300 yesterday. A week earlier, the price was Rs. 99,400.
Gold and Silver Prices in Kolkata
Gold prices in Kolkata are closely aligned with other cities, with 24-carat gold at Rs. 77,435 for 10 grams today, compared to Rs. 76,705 yesterday. Last week’s price was Rs. 77,695.
The silver price in Kolkata stands at Rs. 1,00,000 per kilogram, increasing from Rs. 97,800 yesterday.
Market Trends
The November 2024 MCX futures show gold trading at Rs. 285 per 10 grams, reflecting a sharp decline of 36.88%. Similarly, silver futures are trading at Rs. 1,102 per kilogram, showing a 26.26% dip.
What’s Driving the Price Changes?
Gold and silver prices are impacted by a range of factors including global demand, currency fluctuations, interest rates, and government regulations. The strength of the US dollar against other currencies also plays a critical role, alongside the overall health of the global economy. As always, it’s important to keep an eye on these factors when tracking precious metal prices.
Stay tuned for more updates on the latest gold and silver prices across major cities.