Gold and silver prices fluctuate daily, and Dailynews24 provides complete information on these metals. The price of 24 carat gold fell by Rs 10 to Rs 74,610 per ten grams, while silver prices dropped by Rs 100 to Rs 92,900 per kilogram. In Mumbai, Delhi, Kolkata, and Hyderabad, the prices of 24 carat gold stood at Rs 74,610, Rs 74,760, Rs 74,610, and Rs 74,720 respectively.
The price of 22 carat gold in Mumbai, Delhi, Kolkata, and Hyderabad was Rs 68,390, Rs 68,540, Rs 68,390, and Rs 68,490 respectively. In Chennai, the price of one kilogram of silver was Rs 96,400, while in Delhi, Mumbai, and Kolkata, it was Rs 92,900. US gold prices reached a record high due to last week’s US economic data, suggesting potential interest rate cuts by the Federal Reserve. Spot gold rose to $2,430.19 an ounce, while silver and platinum also saw increases.
Over the last four days, the price of 24 carat gold fluctuated from Rs 74,550 to Rs 76,000 per 10 grams. Silver prices also reached record levels, with a kg priced at Rs 92,100 in Jaipur. Factors influencing gold prices in India include currency fluctuations, international factors like global economic growth, demand for precious metals, and interest rates. When interest rates rise, gold prices tend to fall, and vice versa.
To know the latest price of gold in India, individuals can give a missed call to 8955664433 for information on 22 carat and 18 carat gold jewellery rates. Rates will be sent via SMS, and updated information can also be found on www.ibja.co or ibjarates.com. It is important to consider these factors in order to understand the fluctuations in gold and silver prices and make informed decisions regarding investments in these precious metals.. Read More Here
