- On Monday, the price of gold and silver jumped marginally in India.
- 24-carat gold has changed in price by 0.78% during the past week.
- The cost of silver per kg has dropped by Rs. 83900.0.
On Monday, the price of gold and silver jumped marginally in India, with 24-carat gold priced at Rs. 7411.4 per gram and 22-carat gold at Rs. 6788.8 per gram.
24-carat gold has changed in price by 0.78% during the past week and by -7.71% over the past month. The cost of silver per kg has dropped by Rs. 83900.0.
Gold and Silver Prices
The price of gold has fluctuated in Delhi, Chennai, Mumbai, and Kolkata. The pricing for gold is ₹74114.0/10 grams in Chennai and ₹74114.0/10 grams in Delhi. The pricing for gold is ₹74694.0/10 grams in Mumbai and ₹74766.0/10 grams in Kolkata.
With a 1.012% increase, the gold April 2024 MCX futures were trading at Rs. 70899.0 per 10 gm, while the silver May 2024 MCX futures were down by 0.016% at Rs. 80850.0 per kg.
The opinions of reputable jewelers, the global demand for gold, exchange rates between nations, the present interest rate environment, and government regulations about the trading of gold are some of the factors influencing the prices of gold and silver.
Global events also affect gold prices in the Indian market, including the status of the world economy and the strength of the US dollar relative to other currencies.