Today’s Gold and Silver Prices 9-May-2024 Unpacked

gold and silver prices

Gold

Today’s gold prices saw a slight decrease. The cost of 24-carat gold is now Rs.7329.3 per gram, down by Rs.525.0. Similarly, 22-carat gold is now priced at Rs.6713.6 per gram, down by Rs.481.0.

The price of 24-carat gold has remained unchanged over the past week, while it decreased by 0.86% last month. Silver prices have dropped significantly, now at Rs.0.0 per kilogram, down by Rs.85100.0.

In Delhi, gold is priced at Rs.73293.0/10 grams today, down from yesterday’s Rs.73683.0/10 grams and last week’s Rs.73681.0/10 grams. Silver is at Rs.0.0/Kg today, compared to yesterday’s Rs.84100.0/Kg and the previous week’s Rs.83600.0/Kg.

In Chennai, gold prices are at Rs.73938.0/10 grams today, up from yesterday’s Rs.73037.0/10 grams and last week’s Rs.73110.0/10 grams. Silver remains at Rs.0.0/Kg today, down from yesterday’s Rs.87600.0/Kg and the previous week’s Rs.87100.0/Kg.

In Mumbai, gold is priced at Rs.73006.0/10 grams today, slightly up from yesterday’s Rs.72965.0/10 grams and last week’s Rs.72754.0/10 grams. Silver prices remain unchanged at Rs.0.0/Kg, similar to yesterday’s Rs.84100.0/Kg and the previous week’s Rs.83600.0/Kg.

In Kolkata, gold prices are at Rs.73651.0/10 grams today, down from yesterday’s Rs.73899.0/10 grams and up from last week’s Rs.72682.0/10 grams. Silver prices remain the same at Rs.0.0/Kg, like yesterday’s Rs.84100.0/Kg and the previous week’s Rs.83600.0/Kg.

The gold August 2024 MCX futures are trading at Rs.71269.0 per 10 grams, up by 0.014%. Similarly, the silver July 2024 MCX futures are trading at Rs.83185.0 per kilogram, up by 0.23%.

Factors such as jeweler demand, the global gold market, currency fluctuations, interest rates, and government regulations influence these price fluctuations. Additionally, global economic conditions and the strength of the US dollar against other currencies also impact gold prices in the Indian market.

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