Gold Silver Price Today April 24 2024: Both gold and silver prices fell for the third consecutive day on the Multi Commodity Index on Wednesday.
The average price of 10 gram of 22K Gold stood at ₹66,600 while the 24K gold prices stood at ₹72,650.
The rate of 10 grams of 24K gold in Chennai stood at ₹73,420, which was followed by Delhi and Jaipur where the gold costs ₹72,800.
The average price of 1 kg of silver stood at ₹82,900
However, in Chennai, Hyderabad, and Kerala the metal was sold at ₹86,400 followed by Delhi and Mumbai where the metal was sold at ₹82,900
Delhi - ₹72,800
Chennai - ₹73,420
Mumbai - ₹72,650
Kolkata - ₹72,650
Bengaluru - ₹72,650
Delhi - ₹82,900
Chennai - ₹86,400
Mumbai - ₹82,900
Kolkata - ₹82,900
Bengaluru - ₹82,500
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.