Gold Silver Price Today April 5 2024: After hitting a fresh peak on Thursday, Gold Prices went down on the Multi Commodity Index on Friday. Silver prices too recorded a dip.
The average price of 10 gram of 22K Gold stood at ₹64,150 while the 24K gold prices stood at ₹69,980.
The rate of 10 grams of 24K gold in Chennai stood at ₹71,020, which was followed by Delhi and Jaipur where the gold costs ₹70,130.
The average price of 1 kg of silver stood at ₹81,700
However, in Chennai, Hyderabad, and Kerala the metal was sold at ₹85,000 followed by Delhi and Mumbai where the metal was sold at ₹81,700
Delhi - ₹70,130
Chennai - ₹71,020
Mumbai - ₹69,980
Kolkata - ₹69,980
Bengaluru - ₹69,980
Delhi - ₹81,700
Chennai - ₹85,000
Mumbai - ₹81,700
Kolkata - ₹81,700
Bengaluru - ₹81,500
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.