1 october 2024 : Gold prices rose on Thursday, with 24-carat gold priced at ₹7,763.30 per gram, an increase of ₹560.00. The rate for 22-carat gold is now ₹7,118.30 per gram, up by ₹520.00.
In the past week, the rate of 24-carat gold has decreased by 0.28%, while it has fallen by 6.16% over the last month. The price of silver remains steady at ₹98,000.00 per kilogram.
Gold Prices in Different Cities:
- Delhi: Today’s gold rate is ₹77,633.00 for 10 grams. The price was ₹77,403.00 yesterday and ₹77,183.00 last week.
- Chennai: Gold is priced at ₹77,481.00 for 10 grams today, up from ₹77,251.00 yesterday and ₹77,031.00 last week.
- Mumbai: The gold rate is ₹77,487.00 for 10 grams today, compared to ₹77,257.00 yesterday and ₹77,037.00 last week.
- Kolkata: Today, gold is priced at ₹77,485.00 for 10 grams, up from ₹77,255.00 yesterday and ₹77,035.00 last week.
Silver Prices in Different Cities:
- Delhi: The silver rate is ₹98,000.00 per kilogram, unchanged from yesterday and last week.
- Chennai: Silver remains at ₹1,03,600.00 per kilogram, consistent over the past week.
- Mumbai: Silver is priced at ₹97,300.00 per kilogram today, compared to ₹97,500.00 last week.
- Kolkata: The silver rate today is ₹98,800.00 per kilogram, the same as yesterday and last week.
As for futures, November 2024 MCX gold was trading at ₹2,863.50 per 10 grams, down by ₹4.63, while silver futures were at ₹4,360.00 per kilogram, up by ₹7.36 at the time of publication.
Gold and silver prices are influenced by various factors, including input from major jewelers, global demand, currency fluctuations, interest rates, and government policies. Additionally, international economic conditions and the strength of the US dollar against other currencies also affect gold prices in the Indian market.
