Gold, Silver Price Today July 01, 2024: Check Latest Rates in Mumbai, Delhi, Chennai, Bengaluru

Gold Silver Price Today July 01 2024:  Both Gold and Silver prices declined on the Multi Commodity Index on Monday.

The average price of 10 gram of 22K Gold stood at ₹66,250 while the 24K gold prices stood at ₹72,280

The rate of 10 grams of 24K gold in Chennai stood at ₹72,930, which was followed by Delhi and Jaipur where the gold costs ₹72,420. 

The average price of 1 kg of silver stood at ₹90,200

However, in Chennai, Hyderabad, and Kerala the metal was sold at ₹94,700 followed by Delhi, Mumbai where the metal was sold at ₹90,200

24 Carat Gold Price Today 01 July (per 10gm) - Indian Top Cities

Delhi - ₹72,420
Chennai - ₹72,930
Mumbai - ₹72,280
Kolkata - ₹72,280
Bengaluru - ₹72,280

1 KG Silver Price Today 01 July - Indian Top Cities

Delhi - ₹90,200
Chennai - ₹94,700
Mumbai - ₹90,200
Kolkata - ₹90,200
Bengaluru - ₹90,150

Gold and Silver prices experience fluctuations influenced by multiple factors, including insights from jewellers. These factors encompass global demand for gold, fluctuations in currency values across nations, prevailing interest rates, and governmental regulations governing the gold trade.

Additionally, global events such as the state of the world economy and the strength of the US dollar relative to other currencies significantly impact gold prices within the Indian market.