(VOR News) – The current prices of gold and silver are as follows: On Wednesday, there was a little decrease in the price of gold.

A drop of ₹4332.0 per gramme has occurred in the price of 24 carat gold, resulting in the price reaching ₹7071.6 per gramme. The current price of 22 carat gold is ₹6477.5 per gramme, which is a decline of ₹3970.0 from its previous valuation.

Over the course of the past week, 24 carat gold has experienced a fluctuation of -0.94%, while over the course of the previous month, it has experienced a fluctuation of -3.36%.

A fall of ₹3200.0 per kilogramme has occurred in the price of silver, resulting in the price reaching ₹85170.0 per kilogramme.

At the moment, the price of gold in Delhi is ₹70716.0/10 grammes. This pertains to the present market conditions. In the previous week, on the 18th of July 2024, the price of gold was ₹74512.0/10 grammes. However, the price of gold was ₹75217.0/10 grammes yesterday, on the 23rd of July 2024.

What is the difference between the two prices?

Current prices of silver in Delhi are ₹85170.0 per kilogramme. The price of silver in Delhi is now at this level. At the beginning of the previous week, on the 18th of July 2024, the price of silver was ₹92110.0/Kg. However, as of yesterday, on the 23rd of July 2024, the price of silver was ₹89160.0/Kg.

Chennai’s current gold prices is *70716.0/10 grams.

This is indicative of the present market conditions. During the previous week, on the 18th of July 2024, the price of gold was ₹74659.0/10 grammes.

However, the price of gold was ₹75657.0/10 grammes yesterday, on the 23rd of July 2024. What is the difference between the two prices?

Silver prices in Chennai are currently at ₹85000.0 per kilogramme. This is the current pricing of silver in Chennai. At the beginning of the previous week, on the 18th of July 2024, the price of silver was ₹92290.0/Kg. However, as of yesterday, on the 23rd of July 2024, the price of silver was ₹89070.0/Kg.

The current price of gold in Mumbai is ₹71412.0/10 grammes. This is the same amount that gold is selling for in Mumbai. In the previous week, on the 18th of July 2024, the price of gold was ₹75026.0/10 grammes. However, the price of gold was ₹74925.0/10 grammes yesterday, on the 23rd of July 2024. What is the difference between the two prices?

The price of silver in Mumbai is currently ₹85170.0 per kilogramme. This is the current price of silver in Mumbai. At the beginning of the previous week, on the 18th of July 2024, the price of silver was ₹92110.0/Kg. However, as of yesterday, on the 23rd of July 2024, the price of silver was ₹89160.0/Kg.

The current price of gold in Kolkata is ₹70716.0/10 grammes. This is the same price that gold is selling for in other cities. On the 18th of July 2024, the price of gold was ₹75539.0/10 grammes.

However, the price of gold was ₹75144.0/10 grammes yesterday, on the 23rd of July 2024. This marks a significant difference in the price of gold.

At the moment, the price of silver in Kolkata is ₹85170.0 per kilogramme. This is the current price of silver in Kolkata market.

At the beginning of the previous week, on the 18th of July 2024, the price of silver was ₹92110.0/Kg. However, as of yesterday, on the 23rd of July 2024, the price of silver was ₹89160.0/Kg.

As the publication was being made, the gold August 2024 MCX futures were trading at ₹73121.0 per 10 gm. This represents an increase of ₹0.179 compared to the previous exchange rate. During the time of publication, the silver December 2024 MCX futures were trading at a price of ₹92020.0 per kilogramme. This represented a reduction of ₹0.154 from the previous price.

Several factors determine gold and silver prices, including:

Each of which has an influence on the final price. Some of these reasons include the contributions made by large jewellers, the demand for gold in different parts of the world, variations in currency and interest rates, and the actions taken by the government respectively.

In addition, the prices of gold on the Indian market are impacted by worldwide variables. These include the current status of the economy in every region of the world as well as the value of the United States dollar in relation to the value of other currencies.

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SOURCE: HTN