Record Surge in Gold Prices in India After News from America: Latest Rates Revealed

Rajiv Sharma

Today’s Gold Rate: Check Your City’s Prices Before Buying

Gold Rate Today: Today, the prices of gold and silver have shown a slight increase. The rate of 24-carat gold has risen by ₹720, now priced at ₹7390.1 per gram. Meanwhile, the rate for 22-carat gold increased by ₹659, bringing it to ₹6769.4 per gram. Over the last week, the price of 24-carat gold has seen a decline of -1.96%, and in the past month, it has dropped by -4.32%. Additionally, the price of silver has surged by ₹90, now standing at ₹85190.0 per kilogram. Let’s take a closer look at the current gold prices in some major cities across India.

Gold Prices in Major Indian Cities

Delhi

In Delhi, the price of gold today is ₹73901.0 per 10 grams. Last week, on August 26, 2024, the price was ₹72781.0 per 10 grams. The current price of silver in Delhi is ₹85190.0 per kilogram, which has also seen a rise from last week’s price of ₹84780.0 per kilogram.

Chennai

Today, gold in Chennai is priced at ₹73325.0 per 10 grams, a slight decrease from ₹73352.0 per 10 grams last week. The silver price in Chennai matches that of Delhi, currently at ₹85190.0 per kilogram, also up from Rs. ₹84780.0 per kilogram last week.

Mumbai

The gold price in Mumbai stands at ₹73109.0 per 10 grams, a marginal increase from ₹73067.0 per 10 grams seen last week. Similar to other cities, the price of silver in Mumbai is ₹85190.0 per kilogram, following the trend from last week when it was priced at ₹84780.0 per kilogram.

Kolkata

In Kolkata, gold is priced at ₹73901.0 per 10 grams today, reflecting a rise from the previous week’s rate of ₹73352.0 per 10 grams. The current price of silver is again consistent at ₹85190.0 per kilogram, up from ₹84780.0 per kilogram last week.

Factors Influencing Gold and Silver Prices

The prices of gold and silver are influenced by several factors, including the input from jewelers, global demand for gold, currency fluctuations, interest rates, and government policies. Moreover, the health of the global economy and the strength of the US dollar against other currencies also play a crucial role in shaping gold rates in the Indian market.

Current Gold and Silver Price Summary

City Gold Price (24K/10g) Silver Price (kg)
Delhi ₹73901.0 ₹85190.0
Chennai ₹73325.0 ₹85190.0
Mumbai ₹73109.0 ₹85190.0
Kolkata ₹73901.0 ₹85190.0

Keeping abreast of gold and silver prices is essential for investors and buyers. Understanding market trends and the reasons behind price fluctuations will help you make informed purchasing decisions.

Rajiv Sharma

Rajiv Sharma is an experienced news editor with a sharp focus on current affairs and a commitment to delivering accurate news. With a strong educational background and years of on-field reporting, Rajiv ensures that every story is well-researched and presented with clarity. Based in Mumbai, he brings a unique perspective to national and international news.