Gold, Silver Prices Drop in India: Check City-Wise Prices - October 16
Going by today's rates, the gold price in Hyderabad is ₹7,140 per gram for 22-carat gold and ₹7,789 per gram for 24-carat gold.
Representation of gold in form of bars and coins.
On Wednesday morning, in early trade, 24-carat gold dipped ₹10, with ten grams available for ₹77,390.
Meanwhile, silver also dipped ₹100, with one kilogram priced at ₹96,800.
Similarly, the 22-carat gold price dropped by ₹10, with ten grams now trading at ₹70,940.
Internationally, the COMEX price of gold surged by 0.17% to open at $2,679.50 per ounce.
These price changes show how gold and silver can be affected by market shifts.
The drop in prices of 24-carat gold may give a chance for buyers to purchase gold at a lower rate, while the decrease in prices of silver may lead to new investment opportunities.
Geopolitical events, like conflicts or diplomatic issues, can lead to higher demand for gold as a safe investment, pushing its price.
Economic factors like inflation and interest rates also affect gold’s value.
Keeping a close track of global economic conditions, political news, and currency trends can help you make better decisions about investing in precious metals.
Currency fluctuations also affect precious metal prices. Since gold and silver are globally traded commodities, a stronger or weaker U.S. dollar can influence their prices. For instance, a stronger dollar might make gold more expensive for holders of other currencies, potentially reducing demand.
Today’s gold prices in different cities - October 16, 2024
Gold Price Today in Mumbai
In Mumbai, the price of 24-carat gold is Rs 7,789 per gram and Rs 7,140 per gram for 22-carat gold.
The price of silver in Mumbai today is Rs 97,000 per kilogram.
Gold Price Today in Kolkata
In Kolkata, the price of 24-carat gold is Rs 7,789 per gram, and for 22-carat gold, it is Rs Rs 7,140 per gram.
The price of one kilogram of silver in Kolkata stood at Rs 97,000.
Gold Price Today in Chennai
Chennai reports the gold price at Rs 7,762 per gram for 24-carat gold and Rs 7,115 per gram for 22-carat gold.
The price of silver in Chennai today is Rs 1,03,000 per kilogram.
Gold Price Today in Delhi
Delhi's Gold price is Rs 7,130 per gram for 24-carat gold and Rs 7,777 per gram for 22-carat gold.
The price of one kilogram of silver in Delhi stood at Rs 97,000.
Gold Price Today in Bengaluru
Bengaluru's gold price is Rs 7,789 per gram for 24-carat gold and Rs 7,140 per gram for 22-carat gold.
The price of one kilogram of silver in Bengaluru stood at Rs 92,000.
Gold Price Today in Hyderabad
Hyderabad reports a gold price of Rs 7,789 per gram for 24-carat gold and Rs 7,140 per gram for 22-carat gold.
The price of one kilogram of silver in Hyderabad stood at Rs 1,02,900.
Gold Price Today in Gurugram
Gurugram's gold price is Rs 7,840 per gram for 24-carat gold and Rs 7,155 per gram for 22-carat gold.
The price of silver in Gurugram today is Rs 97,000 per kilogram.
Gold Price Today in Lucknow
In Lucknow, 24-carat gold is priced at Rs 7,804 per gram and 22-carat gold at Rs 7,155 per gram.
The price of one kilogram of silver in Lucknow stood at Rs 97,000.
Gold Price Today in Ahmedabad
Ahmedabad's gold price stands at Rs 7,794 per gram for 24-carat gold and Rs 7,145 per gram for 22-carat gold.
The price of silver in Ahmedabad today is Rs 97,000 per kilogram.
Gold Price Today in Jaipur
Jaipur reports a gold price of Rs 7,804 per gram for 24-carat gold and Rs 7,155 per gram for 22-carat gold.
The price of one kilogram of silver in Jaipur stood at Rs 97,000.
Gold Price Today in Thane
In Thane, the price of 24-carat gold is Rs 7,762 per gram, and for 22-carat gold, it is Rs 7,115 per gram.
The price of silver in Thane today is Rs 97,000 per kilogram.
Gold Price Today in Surat
The price of 24-carat gold in Surat is Rs 7,794 per gram; for 22-carat gold, it is Rs 7,145 per gram.
The price of one kilogram of silver in Surat is Rs 97,000.
Gold Price Today in Nagpur
In Nagpur, the price of 24-carat gold is Rs 7,789 per gram and Rs 7,140 per gram for 22-carat gold.
The price of silver in Nagpur today is Rs 97,000 per kilogram.
Check out Gold and Silver prices in different cities
Hyderabad
22 carat - Rs 7,140
24 carat - Rs 7,789
Silver - Rs 1,02,900
Mumbai
22 carat gold - Rs 7,140
24 carat - Rs 7,789
Silver - Rs 97,000
Kolkata
22 carat - Rs 7,140
24 carat - Rs 7,789
Silver - Rs 97,000
Chennai
22 carat - Rs 7,140
24 carat - Rs 7,789
Silver - Rs 1,03,000
Delhi
22 carat - Rs 7,155
24 carat Rs 7,804
Silver - Rs 97,000
Bengaluru
22 carat - Rs 7,140
24 carat - Rs 7,789
Silver - Rs 92,000
Gurugram
22 carat - Rs 7,155
24 carat - Rs 7,840
Silver - Rs 97,000
Lucknow
22 carat - Rs 7,130
24 carat - Rs 7,777
Silver - Rs 97,000
Ahmedabad
22 carat - Rs 7,145
24 carat - Rs 7,794
Silver - Rs 97,000
Jaipur
22 carat - Rs 7,155
24 carat - Rs 7,804
Silver - Rs 97,000
Thane
22 carat - Rs 7,115
24 carat - Rs 7,762
Silver - Rs 97,000
Surat
22 carat - Rs 7,145
24 carat - Rs 7,794
Silver - Rs 97,000
Nagpur
22 carat - Rs 7,140
24 carat - Rs 7,789
Silver - Rs 97,000
