10 october 2024 : Gold prices dropped on Thursday. The price of 24-carat gold is ₹7685.3 per gram, reflecting a decrease of ₹760.0, while 22-carat gold is priced at ₹7046.3 per gram, down by ₹700.0.
Over the past week, 24-carat gold prices have risen by 0.15%, but there has been a significant 4.76% decline over the last month. The current silver price stands at ₹97,000 per kg, down by ₹2,000.
In Delhi, the price of gold today is ₹76,853 per 10 grams, a decrease from ₹77,613 on 09-10-2024, and ₹77,733 on 04-10-2024.
Chennai’s gold rate is ₹76,701 per 10 grams today, down from ₹77,461 on 09-10-2024, and ₹77,581 last week. The silver rate in Chennai is ₹1,02,600 per kg, a drop from ₹1,05,600 on 09-10-2024 and ₹1,03,700 last week.
In Mumbai, the gold price is ₹76,707 per 10 grams today, down from ₹77,467 on 09-10-2024, and ₹77,587 last week. Silver in Mumbai is priced at ₹96,300 per kg today, compared to ₹99,200 on 09-10-2024 and ₹97,400 last week.
Kolkata’s gold rate is ₹76,705 per 10 grams today, down from ₹77,465 on 09-10-2024 and ₹77,585 last week. The silver rate in Kolkata is ₹97,800 per kg, down from ₹1,00,800 on 09-10-2024 and ₹98,900 last week.
As of now, the MCX futures for gold in November 2024 are trading at ₹662 per 10 grams, up by ₹1.378. The silver November 2024 futures are at ₹3,925.5 per kg, up by ₹2.507.
Gold and silver prices are influenced by several factors, including demand from jewelers, global economic conditions, currency fluctuations, interest rates, and government policies. The strength of the US dollar and global market conditions also play a major role in determining the prices in India.