Gold Silver Price Today June 06 2024: Both Gold and silver prices fell on the Multi Commodity Index on Thursday.
The average price of 10 gram of 22K Gold stood at ₹67,300 while the 24K gold prices stood at ₹73,420.
The rate of 10 grams of 24K gold in Delhi, Jaipur stood at ₹73,570, which was followed by Mumbai, Kolkata and Bengaluru where the gold costs ₹73,420.
The average price of 1 kg of silver stood at ₹91,600
However, in Chennai, Hyderabad, and Kerala the metal was sold at ₹96,100 followed by Delhi, Mumbai where the metal was sold at ₹91,600
Delhi - ₹73,570
Chennai - ₹73,350
Mumbai - ₹73,420
Kolkata - ₹73,420
Bengaluru - ₹73,420
Delhi - ₹91,600
Chennai - ₹96,100
Mumbai - ₹91,600
Kolkata - ₹91,600
Bengaluru - ₹91,000
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.