Gold Silver Price Today June 17 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 ₹66,300 while the 24K gold prices stood at ₹72,330
The rate of 10 grams of 24K gold in Chennai stood at ₹72,980, which was followed by Delhi and Jaipur where the gold costs ₹72,480.
The average price of 1 kg of silver stood at ₹91,000
However, in Chennai, Hyderabad, and Kerala the metal was sold at ₹95,600 followed by Delhi, Mumbai where the metal was sold at ₹91,000
Delhi - ₹72,480
Chennai - ₹72,980
Mumbai - ₹72,330
Kolkata - ₹72,330
Bengaluru - ₹72,330
Delhi - ₹91,000
Chennai - ₹95,600
Mumbai - ₹91,000
Kolkata - ₹91,000
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.