Gold & Silver Prices Today – Oct 5, 2024: Latest Rates in Your City | Stock Market News

Baishakhi Mondal

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Todays Gold & Silver Prices (30-09-2024): Check Local Rates Now!

Current Trends in Gold and Silver Prices

As of today, the precious metals market has witnessed some fluctuations in gold and silver prices. On Saturday, gold prices saw a slight uptick, with 24-carat gold priced at Rs. 7785.3 per gram, marking an increase of Rs. 120.0 from the previous levels. Similarly, the price for 22-carat gold has risen to Rs. 7138.3 per gram, with an increase of Rs. 110.0. Despite this recent increase, the price of 24-carat gold has seen a minor decline of 0.08% over the past week and a substantial drop of 5.29% in the last month. In contrast, silver is priced at Rs. 98,000.0 per kilogram, reflecting a decrease of Rs. 100.0 per kg.

Gold Prices Across Major Indian Cities

Gold Price in Delhi

The Gold Price Today in Delhi stands at 77853.0 for 10 grams. In comparison, the previous day’s price on 04-10-2024 was 77633.0, while last week’s price on 29-09-2024 was 77573.0. This shows a consistent upward trend in the short term.

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Gold Price in Chennai

In Chennai, the Gold Price Today is 77701.0 per 10 grams. Notably, the price yesterday was 77481.0, and last week, it was 77421.0, indicating a growing market awareness.

Gold Price in Mumbai

The Gold Price Today in Mumbai is set at 77707.0 per 10 grams. This reflects a slight increase from yesterday’s 77487.0 and last week’s 77427.0.

Gold Price in Kolkata

In Kolkata, current Gold Prices are reported at 77705.0 for 10 grams. The previous day’s price was 77485.0, and last week’s was 77425.0.

Silver Prices Overview

Silver Price in Delhi

The Silver Price Today in Delhi is 98000.0 per kg. Interestingly, yesterday’s price remained stable at 98000.0, while last week saw a slight decline from 98100.0.

Silver Price in Chennai

In Chennai, the Silver Price Today is 103600.0 per kg; the same rate as recorded yesterday and a decrease from last week’s 103700.0.

Silver Price in Mumbai

The current Silver Price Today in Mumbai is 97300.0 per kg, the same as the previous day but down from 97400.0 last week.

Silver Price in Kolkata

In Kolkata, the Silver Price Today is 98800.0 per kg, which is consistent with the previous day’s price and down from 98900.0 last week.

Futures Market Insights

The futures market also reflects some interesting trends. The gold December 2024 MCX futures are currently trading at Rs. 76169.0 per 10 gm, showing a slight decline of 0.098%. Meanwhile, the silver November 2024 MCX futures are trading at Rs. 7683.0 per kg, indicating a significant increase of 10.858%. This divergence in futures highlights the contrasting sentiments in the gold and silver markets.

Factors Influencing Prices

Market fluctuations in gold and silver prices are influenced by a multitude of factors, including shifts in global demand, currency valuations, interest rates, and regulatory changes affecting the jewelry industry. Additionally, broader economic conditions and the strength of the US dollar can exert significant influence on precious metal prices in India.

City Gold Price (10 grams) Silver Price (Kg)
Delhi 77853.0 98000.0
Chennai 77701.0 103600.0
Mumbai 77707.0 97300.0
Kolkata 77705.0 98800.0
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