8 october 2024 : Gold and Silver Rates Today: On Tuesday, the price of gold saw a decline. The rate of 24-carat gold is ₹7761.3 per gram, down by ₹220.0, while 22-carat gold is priced at ₹7116.3 per gram, down by ₹200.0.
Over the past week, the price of 24-carat gold dropped by 0.99%, and in the last month, it fell by 5.63%. Silver remains steady at ₹100000.0 per kilogram, unchanged from yesterday.
Gold Rates in Major Cities:
- Delhi: 24-carat gold is ₹77613.0 per 10 grams, down from ₹77843.0 on 07-10-2024. The price was ₹77073.0 on 02-10-2024. Silver is ₹100000.0 per kg, slightly down from ₹100100.0 yesterday and ₹98000.0 last week.
- Chennai: 24-carat gold is ₹77461.0 per 10 grams, lower than ₹77691.0 yesterday and ₹76921.0 last week. Silver is priced at ₹105600.0 per kg, down from ₹105700.0 yesterday and ₹103600.0 last week.
- Mumbai: 24-carat gold costs ₹77467.0 per 10 grams, down from ₹77697.0 yesterday and ₹76927.0 last week. Silver stands at ₹99200.0 per kg, down from ₹99400.0 yesterday and ₹97300.0 last week.
- Kolkata: 24-carat gold is ₹77465.0 per 10 grams, down from ₹77695.0 yesterday and ₹76925.0 last week. Silver is priced at ₹100800.0 per kg, slightly lower than ₹100900.0 yesterday and ₹98800.0 last week.
Futures Prices:
- Gold February 2025 MCX futures are at ₹76395.0 per 10 gm, a decrease of ₹0.218.
- Silver November 2024 MCX futures are trading at ₹2140.0 per kg, up by ₹20.699.
Gold and silver prices are influenced by multiple factors including global demand, currency fluctuations, interest rates, and government policies. External elements, such as the global economy’s state and the strength of the US dollar, also impact the prices in India.
