Gold and Silver Rates Today on 18-08-2024: Latest Prices in Your City

Gold and Silver Rates Today on 18-08-2024: Latest Prices in Your City

By Inside Storyy | August 18, 2024, 03:33 PM IST

Gold and Silver Rates Today

The price of 10 grams of 24-carat gold in Delhi is ₹72,920, while 1 kg of silver is priced at ₹91,000. Today, the gold rate has remained stable, with 24-carat gold priced at ₹7,292 per gram. The rate for 22-carat gold is ₹6,685 per gram.

Weekly and Monthly Changes

Over the past week, the rate for 24-carat gold has changed by 0.21%, while over the past month, it has increased by 2.75%. The current silver rate is ₹91,000 per kg, up by ₹1,000.

Gold and Silver Rates in Major Cities

Delhi:

• Gold: ₹72,920/10 grams (17-08-2024: ₹72,920/10 grams; 11-08-2024: ₹71,734/10 grams)
• Silver: ₹91,000/kg (17-08-2024: ₹90,000/kg; 11-08-2024: ₹89,000/kg)

Chennai:

• Gold: ₹72,770/10 grams (17-08-2024: ₹72,770/10 grams; 11-08-2024: ₹71,804/10 grams)
• Silver: ₹91,000/kg (17-08-2024: ₹90,000/kg; 11-08-2024: ₹89,000/kg)

Mumbai:

• Gold: ₹72,770/10 grams (17-08-2024: ₹72,770/10 grams; 11-08-2024: ₹72,228/10 grams)
• Silver: ₹91,000/kg (17-08-2024: ₹90,000/kg; 11-08-2024: ₹89,000/kg)

Kolkata:

• Gold: ₹72,770/10 grams (17-08-2024: ₹72,770/10 grams; 11-08-2024: ₹72,016/10 grams)
• Silver: ₹91,000/kg (17-08-2024: ₹90,000/kg; 11-08-2024: ₹89,000/kg)

MCX Futures

The gold September 2024 MCX futures are trading at ₹70,533 per 10 grams, down by ₹166. The silver September 2024 MCX futures are trading at ₹81,000 per kg, down by ₹49.

Factors Influencing Gold and Silver Prices

Gold and silver prices are influenced by various factors, including input from major jewelers, global demand, currency fluctuations, interest rates, and government policies. Additionally, international factors such as the global economic state and the strength of the US dollar against other currencies also impact gold rates in the Indian market.