Gold and Silver Prices 22 – April 2024 Updates

Gold and Silver Prices 22 – April 2024 Updates

Gold and Silver Prices 22 – April 2024 Updates: Rate Trends & Gold Price Fluctuations

Gold prices witnessed a slight uptick on Saturday, with 24 carat gold costing Rs. 7545.9 per gram, up by Rs. 733.0, while 22 carat gold stood at Rs. 6912.1 per gram, marking an increase of Rs. 672.0. In the past week, the price of 24 carat gold experienced a marginal decrease of -0.18%, whereas over the last month, it declined by -9.07%.

Silver Rate Update

The cost of silver rose to Rs. 86500.0 per kilogram, reflecting an increase of Rs. 100.0.

Gold and Silver Rates in Major Cities

Here are the latest gold and silver rates in major Indian cities:

Market Futures

Gold April 2024 MCX futures traded at Rs. 70899.0 per 10 grams, up by 1.012%, while silver May 2024 MCX futures stood at Rs. 80850.0 per kilogram, showing a marginal decline of 0.016%.

Factors Influencing Gold and Silver Prices

Fluctuations in gold and silver rates are influenced by various factors, including global demand, currency fluctuations, interest rates, and government regulations. Additionally, factors such as the state of the global economy and the strength of the US dollar against other currencies contribute to price changes in the Indian market.

Input Source: Mint

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VoM News Desk

News Desk VoM

VoM News Desk -is an online web portal in jammu Kashmir offers regional, National & global news.