Gold Rate And Silver Price Today on December 9, 2024: Check latest Rates in India | Stock Market News

Gold Rate and Silver Price Today on December 9, 2024: Gold prices experienced a modest decrease on Monday. The cost of 24 carat gold in India is Rs.7778.3 per gram, reflecting an decrease of ₹ 10.0. The cost of 22 carat gold in India is 7131.3 per gram, a fall of ₹10.0.

The price fluctuation of 24 carat gold over the past week is recorded at -0.72%, while over the last month, the change stands at 1.87%.

The current price of silver in India is 95000.0 per kg, reflecting an decrease of 100.0 per kg.

Gold Rate in Chennai

Chennai: Gold Rate Today in Chennai is ₹77631.0/10 grams. Yesterday’s gold rate on 08-12-2024 was 77921.0/10 grams, and last week’s gold price on 03-12-2024 was ₹77361.0/10 grams.

Gold Rate in Bangalore

Bangalore: Gold Rate Today in Bangalore is ₹77625.0/10 grams. Yesterday’s gold rate on 08-12-2024 was 77915.0/10 grams, and last week’s gold price on 03-12-2024 was ₹77355.0/10 grams.

Gold Rate in Hyderabad

Hyderabad: Gold Rate Today in Hyderabad is ₹77639.0/10 grams. Yesterday’s gold rate on 08-12-2024 was 77929.0/10 grams, and last week’s gold price on 03-12-2024 was ₹77369.0/10 grams.

Gold Rate in Visakhapatnam

Visakhapatnam: Gold Rate Today in Visakhapatnam is ₹77647.0/10 grams. Yesterday’s gold rate on 08-12-2024 was 77937.0/10 grams, and last week’s gold price on 03-12-2024 was ₹77377.0/10 grams.

Gold Rate in Vijayawada

Vijayawada: Gold Rate Today in Vijayawada is ₹77645.0/10 grams. Yesterday’s gold rate on 08-12-2024 was 77935.0/10 grams, and last week’s gold price on 03-12-2024 was ₹77375.0/10 grams.

Top 5 South Cities for Silver Rates in India

Silver Prices in Chennai

Chennai: Silver Prices Today in Chennai is ₹102600.0/Kg. Yesterday silver price on 08-12-2024 was 103800.0/Kg,and last week’s silver price on 03-12-2024 was ₹102100.0/Kg

Silver Prices in Bangalore

Bangalore: Silver Prices Today in Bangalore is ₹94000.0/Kg. Yesterday silver price on 08-12-2024 was 94200.0/Kg,and last week’s silver price on 03-12-2024 was ₹93000.0/Kg

Silver Prices in Hyderabad

Hyderabad: Silver Prices Today in Hyderabad is ₹103200.0/Kg. Yesterday silver price on 08-12-2024 was 104400.0/Kg,and last week’s silver price on 03-12-2024 was ₹102700.0/Kg

Silver Prices in Visakhapatnam

Visakhapatnam: Silver Prices Today in Visakhapatnam is ₹101600.0/Kg. Yesterday silver price on 08-12-2024 was 102800.0/Kg,and last week’s silver price on 03-12-2024 was ₹101100.0/Kg

Silver Prices in Vijayawada

Vijayawada: Silver Prices Today in Vijayawada is ₹104000.0/Kg. Yesterday silver price on 08-12-2024 was 105200.0/Kg,and last week’s silver price on 03-12-2024 was ₹103500.0/Kg

Factors Affecting Gold Rates and Silver Prices

The prices of gold rates and silver prices constantly fluctuate due to various factors, both domestic and international. Key influences include:

• Global Demand: The overall demand for gold and silver worldwide plays a significant role in price changes.
• Currency Fluctuations: Changes in the value of currencies, particularly the US dollar, relative to other currencies can affect the attractiveness of gold and silver as investments.
• Interest Rates: Higher interest rates can make gold and silver less attractive as investments as they offer no interest income.
• Government Regulations: Government policies and regulations related to the gold and silver trade can impact prices.
• World Events: Economic conditions, geopolitical events, and other global factors can influence the demand for and price of precious metals.

Insights from Jewelers: Jewelers, as experts in the precious metals industry, can provide valuable insights into market trends and potential price movements.

This is an AI-generated story and has not been edited by Livemint staff.