Gold, Silver Price Today May 24, 2024: Check Latest Rates in Mumbai, Delhi, Chennai, Bengaluru

Gold Silver Price Today May 24 2024: Both Gold and silver prices declined on the Multi Commodity Index on Friday.

The average price of 10 gram of 22K Gold stood at ₹66,400 while the 24K gold prices stood at ₹72,440.

The rate of 10 grams of 24K gold in Delhi and Jaipur stood at ₹72,590, which was followed by Chennai where the gold costs ₹72,550.

The average price of 1 kg of silver stood at ₹92,500

However, in Chennai, Hyderabad, and Kerala the metal was sold at ₹96,500 followed by Delhi and Mumbai where the metal was sold at ₹92,000

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

Delhi - ₹72,590
Chennai - ₹72,550
Mumbai - ₹72,440
Kolkata - ₹72,440
Bengaluru - ₹72,440

1 KG Silver Price Today 24 May - Indian Top Cities

Delhi - ₹92,000
Chennai - ₹96,500
Mumbai - ₹92,000
Kolkata - ₹92,000
Bengaluru - ₹92,500

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.