Gold prices remained unchanged on Thursday, November 7, 2024, maintaining their levels from the previous day. The price of 24-carat gold stands at ₹8052.3 per gram, while 22-carat gold remains at ₹7382.3 per gram.
Weekly and Monthly Trends:
The price of 24-carat gold has experienced a 1.37% increase over the past week.However, compared to last month, the price has dropped by 3.48%.Silver prices remain stable at ₹99100.0 per kg, unchanged from yesterday.
Gold and Silver Rates Across Major Cities:
Gold Rates in Delhi:
Current rate: ₹80523.0 per 10 grams.
Yesterday’s price: ₹80413.0 per 10 grams.
Last week’s price (November 1, 2024): ₹81513.0 per 10 grams.
Silver Rates in Delhi:
Current rate: ₹99100.0 per kg.
Yesterday’s price: ₹99100.0 per kg.
Last week’s price (November 1, 2024): ₹103000.0 per kg.
Gold Rates in Chennai:
Current rate: ₹80371.0 per 10 grams.
Yesterday’s price: ₹80261.0 per 10 grams.
Last week’s price (November 1, 2024): ₹81361.0 per 10 grams.
Silver Rates in Chennai:
Current rate: ₹107700.0 per kg.
Yesterday’s price: ₹107700.0 per kg.
Last week’s price (November 1, 2024): ₹111600.0 per kg.
Gold Rates in Mumbai:
Current rate: ₹80377.0 per 10 grams.
Yesterday’s price: ₹80267.0 per 10 grams.
Last week’s price (November 1, 2024): ₹81367.0 per 10 grams.
Silver Rates in Mumbai:
Current rate: ₹98400.0 per kg.
Yesterday’s price: ₹98400.0 per kg.
Last week’s price (November 1, 2024): ₹102300.0 per kg.
Gold Rates in Kolkata:
Current rate: ₹80375.0 per 10 grams.
Yesterday’s price: ₹80265.0 per 10 grams.
Last week’s price (November 1, 2024): ₹81365.0 per 10 grams.
Silver Rates in Kolkata:
Current rate: ₹99900.0 per kg.
Yesterday’s price: ₹99900.0 per kg.
Last week’s price (November 1, 2024): ₹103800.0 per kg.
Commodity Futures:
The December 2024 MCX futures for gold were trading at ₹76395.0 per 10 grams, marking a slight decrease of ₹0.339.
The December 2024 MCX futures for silver were trading at ₹90609.0 per kg, down by ₹0.232.
Factors Influencing Gold and Silver Prices:
Gold and silver prices are influenced by various factors, including input from major jewelers, global demand, currency fluctuations, and government policies. International factors, such as the state of the global economy and the strength of the US dollar, also play a significant role in shaping prices in the Indian market. These elements, in combination, contribute to the fluctuation of gold and silver rates.
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