Gold Price Increased Today: Check latest rates in your city
On March 8, 2024, gold futures for expiry on April 05 were actively traded at Rs 65,382 on the Multi Commodity Exchange. Further, silver futures with expiry date of March 05, 2024 were quoted at Rs 74,300.
Gold Prices Increased Today: Gold prices increased slightly on Saturday. 24 carat gold price was Rs.6690 per gram, up by Rs.975. 22 carat gold price was Rs.6128.4 per gram, up by Rs.893.0. 24 carat gold price change in last week is -2.22%, while in last month it is -2.92%. Silver price was Rs.75500 per kg, up by Rs.400 per kg.
Gold and silver prices in various cities:
Chennai – Gold price Rs.66969/10gm and Silver price Rs.79000/1kg.
Delhi – Gold price Rs.66904/10gm and silver price Rs.75500/1kg.
Mumbai – Gold price Rs.66254/10gm and silver price Rs.75500/1kg.
Kolkata – Gold price Rs.67034/10gm and silver price Rs.75500/1kg.
Gurugram – 65,880
Lucknow – 65,880
Bengaluru – 65,730
Jaipur – 65,880
Patna – 65,780
Bhuvaneshwar – 65,730
Hyderabad – 65,730.
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Gold June 2024 MCX futures were trading at Rs.0.0 per 10 grams, down 100.0% at the time of publication. Silver July 2024 MCX futures were trading at Rs.0.0 per kg, down 100.0% at the time of publication.
Fluctuations in gold and silver prices are influenced by various factors including input from reputed jewellers, global demand for gold, currency value fluctuations, prevailing interest rates and government regulations. Additionally, global events such as the state of the global economy and the strength of the US dollar against other currencies affect gold prices in the Indian market.
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On March 8, 2024, gold futures for expiry on April 05 were actively traded at Rs 65,382 on the Multi Commodity Exchange. Further, silver futures with expiry date of March 05, 2024 were quoted at Rs 74,300.
The retail price of gold in a country is the amount consumers pay for it. This price is influenced by various factors including the global gold price, the value of the rupee and the costs associated with labor and materials used in the production of gold jewellery.
Gold is highly significant in India because of its cultural significance, its value for investment and its traditional role in weddings and festivals.
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