Current Gold and Silver Prices on December 28, 2023: Find the Latest Rates in Your City

Current Gold and Silver Prices on December 28, 2023: Find the Latest Rates in Your City

VoM News Desk | December 28, 2023 | 12:17 PM IST | Breaking News | Follow on Google News

Current Gold and Silver Prices on December 28, 2023

Current Gold and Silver Prices on December 28, 2023: Find the Latest Rates in Your City

Gold prices experienced a marginal uptick on Thursday’s trading session. The cost of 24 carat gold surged to Rs. 6396.0 per gm, marking a rise of Rs. 100.0, while 22 carat gold reached Rs. 5865.0 per gm, also showing an increase of Rs. 100.0.

Over the past week, the price fluctuation for 24 carat gold has been recorded at -0.77%, while over the last month, it registered a decline of -1.46%.

City-wise gold and silver prices are as follows:

• Chennai: Gold – Rs. 64360.0/10g, Silver – Rs. 80700.0/1kg
• Delhi: Gold – Rs. 63960.0/10g, Silver – Rs. 79200.0/1kg
• Mumbai: Gold – Rs. 63820.0/10g, Silver – Rs. 79200.0/1kg
• Kolkata: Gold – Rs. 63820.0/10g, Silver – Rs. 79200.0/1kg

Additionally, the gold February 2024 MCX futures observed a trading value of Rs. 63810.0 per 10 gm, marking an increase of 0.207%. Similarly, the silver March 2024 MCX futures traded at Rs. 75711.0 per kg, showing a rise of 0.085% at the time of publishing.

Various factors impact the volatility in Gold and Silver prices. These include insights from renowned jewelers, global demand for gold, currency fluctuations across countries, existing interest rates, and governmental regulations governing the gold trade. Furthermore, global economic conditions and the strength of the US dollar against other currencies play significant roles in influencing gold prices within the Indian market.

VoM News Desk

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