On May 22, 2024, gold prices experienced a slight rise. The price for 24 carat gold stands at Rs.7658.9 per gram, up by Rs.1518.0, while 22 carat gold is priced at Rs.7015.5 per gram, up by Rs.1390.0.
Over the past week, the price of 24 carat gold has seen a decrease of -1.1%, while over the past month, it has increased by 0.18%. Additionally, the cost of silver has risen to Rs.93150.0 per kilogram, up by Rs.6690.0.
In Delhi, the current gold price is ₹76589.0/10 grams, compared to ₹75071.0/10 grams yesterday and ₹74247.0/10 grams a week ago. Similarly, the silver price in Delhi is ₹93150.0/kg today, compared to ₹86460.0/kg yesterday and ₹84760.0/kg last week.
In Chennai, gold is priced at ₹75995.0/10 grams today, compared to ₹74997.0/10 grams yesterday and ₹74320.0/10 grams last week. The silver price in Chennai follows the same trend, standing at ₹93150.0/kg today, ₹86550.0/kg yesterday, and ₹84760.0/kg last week.
Moving to Mumbai, gold is priced at ₹76366.0/10 grams today, compared to ₹75584.0/10 grams yesterday and ₹74393.0/10 grams last week. The silver price in Mumbai mirrors the pattern, being ₹93150.0/kg today, ₹86460.0/kg yesterday, and ₹84760.0/kg last week.
In Kolkata, the gold price today is ₹76515.0/10 grams, compared to ₹75511.0/10 grams yesterday. The silver price remains steady at ₹93150.0/kg today, ₹86460.0/kg yesterday, and ₹84760.0/kg last week.
Futures trading reveals that the gold October 2024 MCX futures are trading at Rs.74488.0 per 10 grams, down by 0.412%, while the silver September 2024 MCX futures are trading at Rs.95900.0 per kilogram, down by 0.462%.
The fluctuations in gold and silver prices are influenced by various factors, including input from reputable jewelers, global demand for gold, currency value fluctuations, interest rates, and government regulations. Additionally, global economic conditions and the strength of the US dollar against other currencies also impact gold prices in the Indian market.
