Thu Nov 07 11:44:59 UTC 2024: ## Gold and Silver Prices Remain Steady in India

**New Delhi, November 7, 2024** – Gold and silver prices remained unchanged on Thursday, according to market data.

The price of 24-carat gold held steady at ₹8052.3 per gram, while 22-carat gold remained at ₹7382.3 per gram. Despite the lack of movement today, 24-carat gold has seen a 1.37% increase in price over the last week, while experiencing a decline of 3.48% over the past month.

The silver rate also stayed unchanged at ₹99100.0 per kilogram.

**Gold and Silver Rates Across Major Cities:**

The gold rate in Delhi today stands at ₹80523.0 per 10 grams. In Chennai, gold is priced at ₹80371.0 per 10 grams. Mumbai’s gold rate sits at ₹80377.0 per 10 grams, while Kolkata’s gold rate is ₹80375.0 per 10 grams.

Silver prices in Delhi are at ₹99100.0 per kilogram. Chennai’s silver rate is ₹107700.0 per kilogram. Mumbai’s silver price stands at ₹98400.0 per kilogram, and Kolkata’s silver rate is ₹99900.0 per kilogram.

**MCX Futures Show Decline:**

The gold December 2024 MCX futures were trading at ₹76395.0 per 10 gm, down by ₹0.339 at the time of publication. The silver December 2024 MCX futures were trading at ₹90609.0 per kg, down by ₹0.232 at the time of publication.

**Factors Affecting Gold and Silver Prices:**

Gold and silver prices are influenced by a multitude of factors, including global demand, currency fluctuations, interest rates, government policies, and international economic conditions. The strength of the US dollar against other currencies also plays a significant role.

Read More