On Saturday, gold prices saw a slight drop. The cost of 24 carat gold is Rs.6399.2 per gm, a decrease of Rs.214.0, while 22 carat gold is priced at Rs.5861.7 per gm, a decrease of Rs.196.0.
Over the past week, the price of 24 carat gold has fallen by -0.73%, but it has risen by 1.23% over the past month.
The price of silver is Rs.74500.0 per kg, a decrease of Rs.400.0 per kg.
Here are the gold and silver prices in various cities:
In Chennai, the price of gold is Rs.63372.0/10g and silver is Rs.76000.0/1kg.
In Delhi, gold is priced at Rs.63992.0/10g and silver at Rs.74500.0/1kg.
In Mumbai, the price of gold is Rs.63310.0/10g and silver is Rs.74500.0/1kg. In Kolkata, gold is priced at Rs.63248.0/10g and silver at Rs.74500.0/1kg.
Gold and Silver prices fluctuate due to a variety of factors, including inputs from reputable jewelers, global gold demand, currency fluctuations, interest rates, and government regulations. Moreover, global events such as the economic state and the strength of the US dollar against other currencies also affect gold prices in the Indian market.