Gold price today in India marked an uneven movement in the market on October 9, 2024. At the same time, here, gold futures expiring on December 5, 2024, traded at Rs 75,143 per 10 grams after slipping a mere Rs 18 or 0.02 percent from the previous close. The silver futures that expire on December 5, 2024, increased by 42 cents at Rs 89,100 per kg.
Gold price in India today in different cities
In the country, the 22-carat gold fetched Rs 7,114 per gram in New Delhi and Mumbai while in Kolkata and Chennai, it was Rs 7,099 per gram. Silver prices differed everywhere -it was Rs 95,900 per kg in New Delhi, Mumbai, and Kolkata, while in Chennai, it was high at Rs 1,01,900 per kg.
Gold prices internationally
Gold prices were more or less stable internationally, and spot gold had no change at $2,619.75 an ounce, while U.S. gold futures rose a little bit. Silver prices declined by 0.3% to $30.62 an ounce.
There is, therefore, mixed trends in terms of gold and silver prices whereby the factors that have dominated market fluctuations range from the anticipation of U.S. central bank decisions, various global economic indicators, and shifts in investor sentiment.
Gold is a traditional asset that most investors would rush to as a safe haven when they fear uncertainty in the markets, while silver, on the recent surge, might demonstrate rising demand or another market factor.
Also, see: Gold price in India affected by geopolitical tension between Israel and Iran
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