Gold and Silver Rates Today: The price of gold and silver has seen some fluctuations as of 31st August 2024. Here’s a quick update on the latest rates across major cities in India.
Gold and Silver Prices in Major Cities:
Gold Rate in Delhi
- 24 Carat Gold: ₹73,181.0 per 10 grams
- 22 Carat Gold: ₹67,035.0 per 10 grams
- Silver: ₹85,100.0 per kg
Gold Rate in Chennai
- 24 Carat Gold: ₹73,613.0 per 10 grams
- 22 Carat Gold: ₹67,300.0 per 10 grams
- Silver: ₹85,270.0 per kg
Gold Rate in Mumbai
- 24 Carat Gold: ₹74,261.0 per 10 grams
- 22 Carat Gold: ₹68,120.0 per 10 grams
- Silver: ₹85,100.0 per kg
Gold Rate in Kolkata
- 24 Carat Gold: ₹73,109.0 per 10 grams
- 22 Carat Gold: ₹66,900.0 per 10 grams
- Silver: ₹85,100.0 per kg
Price Changes Over the Week:
- Gold: In the last week, gold rates have seen a slight decrease across the cities, reflecting a general trend of declining prices in the global market.
- Silver: The silver rates have also slightly decreased, reflecting market corrections and global economic factors.
MCX Futures:
- Gold September 2024 MCX Futures: Trading at ₹1,400.0 per 10 grams, down by ₹19.122.
- Silver November 2024 MCX Futures: Trading at ₹4,883.0 per kg, down by ₹24.738.
Factors Affecting Gold and Silver Prices:
The prices of gold and silver are influenced by various factors including global demand, currency fluctuations, interest rates, and government policies. Additionally, international economic conditions and the strength of the US dollar also play a significant role in determining the prices in the Indian market.
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