Business & Finance
Today’s Gold and Silver Prices (09-03-2024): Find Out the Latest Rates in Your City
Gold prices showed a slight increase on Saturday, with the price of 24 carat gold reaching Rs.6690.4 per gm, up by Rs.975.0. The price of 22 carat gold also experienced an increase, reaching Rs.6128.4 per gm, up by Rs.893.0. The price of silver rose to Rs.75500.0 per kg, up by Rs.400.0.
In the last week, the price change in 24 carat gold has been -2.22%, while in the last month it has been -2.92%. Gold and silver prices in various cities are as follows: Chennai – gold price of Rs.66969.0/10g and silver price of Rs.79000.0/1kg, Delhi – gold price of Rs.66904.0/10g and silver price of Rs.75500.0/1kg, Mumbai – gold price of Rs.66254.0/10g and silver price of Rs.75500.0/1kg, Kolkata – gold price of Rs.67034.0/10g and silver price of Rs.75500.0/1kg.
The gold June 2024 MCX futures were trading at Rs.0.0 per 10 gm, down by 100.0% at the time of publishing, while the silver July 2024 MCX futures were trading at Rs.0.0 per kg, also down by 100.0% at the time of publishing. Fluctuations in Gold and Silver prices are influenced by factors such as input from reputable jewelers, global demand for gold, currency value fluctuations, prevailing interest rates, and government regulations. Additionally, global events like the state of the global economy and the strength of the US dollar against other currencies impact gold prices in the Indian market.
Overall, gold and silver prices have seen a moderate increase, influenced by various market factors, and continue to fluctuate based on global events and economic conditions.
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