Gold and Silver Rates Today on 19th August 2024: Latest Prices in Your City
Gold and Silver Rates Today
The price of 24-carat gold in India on August 19 is ₹71,410 per 10 grams, with the rate per gram at ₹7,141. The 22-carat gold rate is ₹65,459 per 10 grams. Over the past week, the price of 24-carat gold has increased by 2.20%, and it has risen by 3.70% in the last ten days. Silver is currently priced at ₹834.6 per 10 grams.
Gold and Silver Rates in Major Cities
| City | Gold (24K) per 10 grams | Gold (22K) per 10 grams | Silver per Kg |
|---|---|---|---|
| Chennai | ₹71,610 | ₹65,459 | ₹83,710 |
| Mumbai | ₹71,410 | ₹65,459 | ₹83,570 |
| Delhi | ₹71,280 | ₹65,459 | ₹83,320 |
| Kolkata | ₹71,310 | ₹65,459 | ₹83,350 |
- Gold (24K): Increased by 2.20% over the past week and 3.70% over the last ten days.
- Silver: Currently quoted at ₹834.6 per 10 grams.
The gold MCX futures contracts with the October 2024 expiry are trading at ₹71,395 per 10 grams, showing an increase of ₹1,259. The silver MCX futures contracts with the September 2024 expiry are trading at ₹83,256 per kg, up by ₹43.
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.