Gold prices saw a slight increase on Wednesday.
The cost of 24 carat gold is Rs.6217.0 per gm, increased by Rs.380.0.
The cost of 22 carat gold is Rs.5700.0 per gm, increased by Rs.350.0.
The price change in 24 carat gold in the last week was -1.05%, while in the last month it was -0.39%.
The cost of silver is Rs.73149.0 per kg, increased by Rs.505.0 per kg.
Gold (24k) and Silver prices in your city are as follows:
Chennai has gold price of Rs.62510.0/10g and silver price of Rs.73149.0/1kg.
Delhi has gold price of Rs.62170.0/10g and silver price of Rs.73149.0/1kg.
Mumbai has gold price of Rs.62020.0/10g and silver price of Rs.73149.0/1kg.
Kolkata has gold price of Rs.62020.0/10g and silver price of Rs.73149.0/1kg.
The gold December 2023 MCX futures was trading at Rs.61117.0 per 10 gm, down 0.176% at the time of publication.
The March 2024 MCX silver futures traded at Rs.74801.0 per kg, down 0.136% at the time of publication.
Fluctuations in prices are influenced by a variety of elements, among them the input of respected jewelers.
Elements such as the global desire for gold, variations in currency values between countries, current interest rates, and government regulations regarding the gold trade all play a role in these changes.
In addition, global events such as the state of the global economy and the strength of the US dollar against other currencies also affect the prices of gold in the Indian market.
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Updated: 22 Nov 2023, 10:15 IST