Gold Silver Price Today April 23 2024: Both gold and silver prices fell for the second consecutive day on the Multi Commodity Index on Tuesday.
The average price of 10 gram of 22K Gold stood at ₹66,150 while the 24K gold prices stood at ₹72,160.
The rate of 10 grams of 24K gold in Chennai stood at ₹73,100, which was followed by Delhi and Jaipur where the gold costs ₹72,310.
The average price of 1 kg of silver stood at ₹83,000
However, in Chennai, Hyderabad, and Kerala the metal was sold at ₹86,500 followed by Bengaluru where the metal was sold at ₹85,900
Delhi - ₹72,310
Chennai - ₹73,100
Mumbai - ₹72,160
Kolkata - ₹72,160
Bengaluru - ₹72,160
Delhi - ₹83,000
Chennai - ₹86,500
Mumbai - ₹83,000
Kolkata - ₹83,000
Bengaluru - ₹85,900
Gold and Silver prices experience fluctuations influenced by multiple factors, including insights from jewellers. These factors encompass global demand for gold, fluctuations in currency values across nations, prevailing interest rates, and governmental regulations governing the gold trade.
Additionally, global events such as the state of the world economy and the strength of the US dollar relative to other currencies significantly impact gold prices within the Indian market.