Gold Silver Price Today 25 March 2024: Gold and Silver prices both went down the Multi Commodity Index on Monday.
The average price of 10 gram of 22K Gold stood at ₹61,240 while the 24K gold prices stood at ₹66,810.
The rate of 10 grams of 24K gold in Chennai stood at ₹67,460, which was followed by Delhi and Jaipur where the gold costs ₹66,960.
The average price of 1 kg of silver stood at ₹77,400.
However, in Chennai, Hyderabad, and Kerala the metal was sold at ₹80,400 followed by Delhi and Mumbai where the metal was sold at ₹77,400
Delhi - ₹66,960
Chennai - ₹67,460
Mumbai - ₹66,810
Kolkata - ₹66,810
Bengaluru - ₹66,810
Delhi - ₹77,400
Chennai - ₹80,400
Mumbai - ₹77,400
Kolkata - ₹77,400
Bengaluru - ₹75,900
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.