Gold and silver prices update: Check latest rates in your city
Gol d and silver prices update: On August 24, gold prices experienced a modest decrease. The cost of 24-carat gold is now Rs 7,271.0 per gram, marking a reduction of Rs 178.0. The price of 22-carat gold has also dropped to Rs 6,660.2 per gram, down by Rs 164.0. Over the past week, 24-carat gold has fallen by 1.36%, and over the past month, it has decreased by 5.43%.Silver prices similarly saw a decline, with the current rate at Rs 84,780.0 per kg, down by Rs 210.0.
Price Details in Major Cities
Delhi: Gold: Rs 72,710.0 per 10 gram (previously Rs 73,369.0; last week Rs 72,369.0)
Silver: Rs 84,780.0 per kg (previously Rs 85,080.0; last week Rs 81,750.0)
Chennai: Gold: Rs 72,567.0 per 10 gram (previously Rs 73,440.0; last week Rs 71,804.0)
Silver: Rs 84,700.0 per kg (previously Rs 85,000.0; last week Rs 81,590.0)
Mumbai: Gold: Rs 73,281.0 per 10 gram (previously Rs 73,225.0; last week Rs 72,440.0)
Silver: Rs 84,780.0 per kilogram (previously Rs 85,080.0; last week Rs 81,750.0)
Kolkata: Gold: Rs 73,138.0 per 10 gram (previously Rs 73,655.0; last week Rs 71,945.0)
Silver: Rs 84,780.0 per kg (previously Rs 85,080.0; last week Rs 81,750.0)
Futures Market: Gold (September 2024 MCX): Rs 813.0 per 10 gram, reflecting a decrease of 25.889%
Silver (November 2024 MCX): Trading at Rs -2.0E7 per kg, showing a decrease of 344,097.248%
The fluctuations in gold and silver prices are influenced by global demand, currency exchange rates, interest rates, and regulatory policies concerning the precious metals market. Additionally, international economic conditions and the strength of the US dollar play crucial roles in shaping the market dynamics in India.
- With inputs from agencies
