Gold Silver Price Today June 19 2024: Gold prices dropped while the Silver prices increased on the Multi Commodity Index on Wednesday.
The average price of 10 gram of 22K Gold stood at ₹66,190 while the 24K gold prices stood at ₹72,210
The rate of 10 grams of 24K gold in Chennai stood at ₹73,050, which was followed by Delhi and Jaipur where the gold costs ₹72,460.
The average price of 1 kg of silver stood at ₹91,600
However, in Chennai, Hyderabad, and Kerala the metal was sold at ₹96,100 followed by Delhi, Mumbai where the metal was sold at ₹91,600
Delhi - ₹72,460
Chennai - ₹73,050
Mumbai - ₹72,210
Kolkata - ₹72,210
Bengaluru - ₹72,210
Delhi - ₹91,600
Chennai - ₹96,100
Mumbai - ₹91,600
Kolkata - ₹91,600
Bengaluru - ₹90,900
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.