Gold Rate and Silver Price Today on December 16, 2024: Gold prices experienced a modest decrease on Monday. The cost of 24 carat gold in India is Rs.7805.3 per gram, reflecting an decrease of ₹ 10.0. The cost of 22 carat gold in India is 7156.3 per gram, a fall of ₹10.0.
The price fluctuation of 24 carat gold over the past week is recorded at -1.35%, while over the last month, the change stands at -4.06%.
The current price of silver in India is 95500.0 per kg, reflecting an decrease of 100.0 per kg.
Gold Rate in Chennai
Chennai: Gold Rate Today in Chennai is ₹77901.0/10 grams. Yesterday’s gold rate on 15-12-2024 was 78881.0/10 grams, and last week’s gold price on 10-12-2024 was ₹77811.0/10 grams.
Gold Rate in Bangalore
Bangalore: Gold Rate Today in Bangalore is ₹77895.0/10 grams. Yesterday’s gold rate on 15-12-2024 was 78875.0/10 grams, and last week’s gold price on 10-12-2024 was ₹77805.0/10 grams.
Gold Rate in Hyderabad
Hyderabad: Gold Rate Today in Hyderabad is ₹77909.0/10 grams. Yesterday’s gold rate on 15-12-2024 was 78889.0/10 grams, and last week’s gold price on 10-12-2024 was ₹77819.0/10 grams.
Gold Rate in Visakhapatnam
Visakhapatnam: Gold Rate Today in Visakhapatnam is ₹77917.0/10 grams. Yesterday’s gold rate on 15-12-2024 was 78897.0/10 grams, and last week’s gold price on 10-12-2024 was ₹77827.0/10 grams.
Gold Rate in Vijayawada
Vijayawada: Gold Rate Today in Vijayawada is ₹77915.0/10 grams. Yesterday’s gold rate on 15-12-2024 was 78895.0/10 grams, and last week’s gold price on 10-12-2024 was ₹77825.0/10 grams.
Top 5 South Cities for Silver Rates in India
Silver Prices in Chennai
Chennai: Silver Prices Today in Chennai is ₹102600.0/Kg. Yesterday silver price on 15-12-2024 was 103600.0/Kg,and last week’s silver price on 10-12-2024 was ₹102600.0/Kg
Silver Prices in Bangalore
Bangalore: Silver Prices Today in Bangalore is ₹94500.0/Kg. Yesterday silver price on 15-12-2024 was 95500.0/Kg,and last week’s silver price on 10-12-2024 was ₹94000.0/Kg
Silver Prices in Hyderabad
Hyderabad: Silver Prices Today in Hyderabad is ₹103200.0/Kg. Yesterday silver price on 15-12-2024 was 104200.0/Kg,and last week’s silver price on 10-12-2024 was ₹103200.0/Kg
Silver Prices in Visakhapatnam
Visakhapatnam: Silver Prices Today in Visakhapatnam is ₹101600.0/Kg. Yesterday silver price on 15-12-2024 was 102600.0/Kg,and last week’s silver price on 10-12-2024 was ₹101600.0/Kg
Silver Prices in Vijayawada
Vijayawada: Silver Prices Today in Vijayawada is ₹104000.0/Kg. Yesterday silver price on 15-12-2024 was 105000.0/Kg,and last week’s silver price on 10-12-2024 was ₹104000.0/Kg
Factors Affecting Gold Rates and Silver Prices
The prices of gold rates and silver prices constantly fluctuate due to various factors, both domestic and international. Key influences include:
- Global Demand: The overall demand for gold and silver worldwide plays a significant role in price changes.
- Currency Fluctuations: Changes in the value of currencies, particularly the US dollar, relative to other currencies can affect the attractiveness of gold and silver as investments.
- Interest Rates: Higher interest rates can make gold and silver less attractive as investments as they offer no interest income.
- Government Regulations: Government policies and regulations related to the gold and silver trade can impact prices.
- World Events: Economic conditions, geopolitical events, and other global factors can influence the demand for and price of precious metals.
Insights from Jewelers: Jewelers, as experts in the precious metals industry, can provide valuable insights into market trends and potential price movements.
This is an AI-generated story and has not been edited by Livemint staff.
