Fri Nov 08 07:18:58 UTC 2024: ## Gold and Silver Prices Remain Steady in India

**New Delhi, November 8, 2024:** Gold and silver prices remained unchanged in the Indian market on Friday, November 8, 2024. The price of 24-carat gold stood at ₹7873.3 per gram, while 22-carat gold was priced at ₹7217.3 per gram. Silver was trading at ₹96100.0 per kilogram.

Despite the steady prices, gold rates have seen a slight dip of 0.25% in the past week and a more significant decline of 4.56% over the past month.

Across major cities, the price of gold per 10 grams remained consistent:

* **Delhi:** ₹78733.0
* **Chennai:** ₹78581.0
* **Mumbai:** ₹78587.0
* **Kolkata:** ₹78585.0

Silver prices also showed a similar trend across the major cities, with slight variations in price per kilogram.

The futures market saw a slight dip in prices, with gold February 2025 MCX futures trading at ₹78048.0 per 10 gm and silver December 2024 MCX futures trading at ₹92120.0 per kg.

Experts attribute the stability in prices to a combination of factors, including demand from major jewelers, global demand for gold, currency fluctuations, interest rates, and government policies. International factors like the global economic climate and the strength of the US dollar against other currencies also influence gold rates in the Indian market.

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