Gold, Silver Price Today July 05, 2024: Check Latest Rates in Mumbai, Delhi, Chennai, Bengaluru

Gold Silver Price Today July 05 2024: Both gold and silver prices increased on the Multi Commodity Index on Friday.

The average price of 10 gram of 22K Gold stood at ₹67,000 while the 24K gold prices stood at ₹73,090

The rate of 10 grams of 24K gold in Chennai stood at ₹73,750, which was followed by Delhi and Jaipur where the gold costs ₹73,240.

The average price of 1 kg of silver stood at ₹93,200

However, in Chennai, Hyderabad, and Kerala the metal was sold at ₹97,700 followed by Delhi, Mumbai where the metal was sold at ₹93,200

24 Carat Gold Price Today 05 July (per 10gm) - Indian Top Cities

Delhi - ₹73,240
Chennai - ₹73,750
Mumbai - ₹73,090
Kolkata - ₹73,090
Bengaluru - ₹73,090

1 KG Silver Price Today 05 July - Indian Top Cities

Delhi - ₹93,200
Chennai - ₹97,000
Mumbai - ₹93,200
Kolkata - ₹93,200
Bengaluru - ₹90,700

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.