Gold, Silver Price Today May 22, 2024: Check Latest Rates in Mumbai, Delhi, Chennai, Bengaluru

Gold Silver Price Today May 22 2024: Both Gold and Silver prices declined on the Multi Commodity Index on Wednesday.

The average price of 10 gram of 22K Gold stood at ₹68,300 while the 24K gold prices stood at ₹74,510.

The rate of 10 grams of 24K gold in Chennai stood at ₹74,840, which was followed by Delhi and Jaipur where the gold costs ₹74,660.

The average price of 1 kg of silver stood at ₹95,800

However, in Chennai, Hyderabad, and Kerala the metal was sold at ₹1,00,300 followed by Delhi and Mumbai where the metal was sold at ₹95,800

24 Carat Gold Price Today 22 May (per 10gm) - Indian Top Cities

Delhi - ₹74,660
Chennai - ₹74,840
Mumbai - ₹74,510
Kolkata - ₹74,510
Bengaluru - ₹74,510

1 KG Silver Price Today 22 May - Indian Top Cities

Delhi - ₹95,800
Chennai - ₹1,00,300
Mumbai - ₹95,800
Kolkata - ₹95,800
Bengaluru - ₹95,500

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.