Prices for Gold and Silver Today: On Saturday, there was a minor increase in the price of gold. The cost of 22-carat gold has increased by Rs. 729.0 to Rs. 5808.4 per gm, while the price of 24-carat gold has increased by Rs. 795.0 to Rs. 6341.0 per gm.
The price of 24-carat gold has changed by 1.09% over the past week and by 0.64% over the past month. Silver now costs Rs. 75600.0 per kg, an increase of Rs. 1000.0 per kg. The gold April 2024 MCX futures were down 100.0% at the time of posting, trading at Rs. 0.0 per 10 gm. At the moment of posting, the silver March 2024 MCX futures were down 100.0%, selling at Rs. 0.0 per kilogram.
Several elements impact price fluctuations in gold and silver. Variations in the gold market are caused by several factors, including the demand for gold around the world, exchange rate movements between nations, current interest rates, and political prohibitions. Gold prices in the Indian market are also influenced by world events, such as the status of the global economy and the U.S. dollar’s strength relative to other currencies.