Today, on September 16, 2024, gold and silver prices are seeing a significant rise. Gold prices are around Rs 73,000 per 10 grams in India. The cost of 24-carat gold is Rs 74,880 per 10 grams, while 22-carat gold is selling at Rs 68,640 per 10 grams. At the same time, the price of silver is stable at Rs 91,900 per kg.
Reason for the recent increase
Gold and silver prices: Gold prices have increased by more than Rs 1,650 in the last week. 24-carat gold has increased from Rs 71,450 to Rs 73,100 per 10 grams. This increase is mainly due to expectations of interest rate cuts in the possible Fed meeting on September 18, 2024. This week, gold prices have increased by 2.52% and 2.87% in the last ten days.
Gold and silver prices in major cities of the country
- Delhi: 24-carat gold Rs 75,030, 22-carat gold Rs 68,790 per 10 grams.
- Mumbai: 24-carat gold Rs 74,880, 22-carat gold Rs 68,640 per 10 grams.
- Kolkata: 24-carat gold Rs 74,880, 22-carat gold Rs 68,640 per 10 grams.
- Chennai: 24-carat gold Rs 74,880, 22-carat gold Rs 68,640 per 10 grams.
Gold and silver prices on MCX
Gold prices are also seeing a rise on the Multi Commodity Exchange (MCX). Gold for delivery on October 4, 2024, is trading at Rs 73,510 per 10 grams with an increase of Rs 686. Silver price is also trading at Rs 89,244 per kg with an increase of Rs 2,149 for delivery on MCX.
Gather information before buying
If you are thinking of buying gold or silver, then make the right decision by keeping in mind these latest prices. There is always a possibility of change in price, so it is important to get updated information.
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