Gold Price: Gold rate down today after record high

Gold Price: On Thursday, there was a significant drop in gold prices across India. Current price of 10 grams of 24 carat gold in Delhi is Rs 73,570. Meanwhile, on the MCX, gold contracts for June delivery fell by Rs 1,090 to settle at Rs 73,420 per 10 grams.

Today’s dip in gold prices is believed to be influenced by uncertainties over interest rate cuts later this year and currency fluctuations. 24 carat gold price is Rs.7556 per gram. 22 carat gold price decreased by Rs.1027 to Rs.6921 per gram, a decrease of Rs.941.

24 carat gold price change is 0.07% in the last one week and -1.86% in the last month. Silver price was Rs.92980 per kg, down by Rs.170.0 per kg.

Gold Price in Delhi:

Today gold price in Delhi is Rs 75562/10 gram. Yesterday’s gold price on 22-05-2024 was Rs 75071/10 grams. And last week gold price on 17-05-2024 was Rs 75127/10 gram.

Silver Price in Delhi:

Silver price in Delhi today is Rs 92980/Kg. Yesterday’s silver rate on 22-05-2024 was Rs 86460/Kg. And last week silver price on 17-05-2024 was Rs 86400/Kg.

Gold Price in Chennai:

Today’s gold price in Chennai is Rs 75710/10 gram. Yesterday’s gold price on 22-05-2024 was Rs 74997/10 grams. And last week gold price on 17-05-2024 was Rs 75568.0/10 gram.

Chennai Silver Price:

Silver price in Chennai today is Rs 92980/kg. Silver rate yesterday on 22-05-2024 was Rs 86550/Kg. And last week silver price on 17-05-2024 was Rs 86490/Kg.

Gold Price in Mumbai:

Today’s gold price in Mumbai is Rs 75562/10 grams. Yesterday’s gold price on 22-05-2024 was Rs 75584/10 grams. And last week gold price on 17-05-2024 was Rs 75054/10 gram.

Silver Price in Mumbai:

Silver price in Mumbai today is Rs 92980/Kg. Yesterday’s silver rate on 22-05-2024 was Rs 86460/Kg. And last week silver price on 17-05-2024 was Rs 86400/Kg.

Gold price in Kolkata:

Today’s gold price in Kolkata is Rs 75562/10 grams. Yesterday’s gold price on 22-05-2024 was Rs 75511/10 grams. And last week gold price on 17-05-2024 was Rs 75201/10 gram.

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Silver price in Kolkata:

Silver price in Kolkata today is Rs 92980/Kg. Yesterday’s silver rate on 22-05-2024 was Rs 86460/Kg. And last week silver price on 17-05-2024 was Rs 86400/Kg.

Gold August 2024 MCX futures were trading 0.58% lower at Rs.72810 per 10 grams at the time of publication. Silver December 2024 MCX futures were trading 1.93% lower at Rs.94817 per kg at the time of publication.

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Fluctuations in gold and silver prices are influenced by several factors, including input from respected jewellers. Factors such as worldwide demand for gold, differences in currency values between countries, current interest rates, and government regulations regarding gold trading play a role in these changes.

Furthermore, worldwide events such as the state of the global economy and the strength of the US dollar against other currencies influence gold prices in the Indian market.