Gold ,Silver,Gold rate today, Latest rates,
Gold and silver rates on September 24th: Discover the latest valuations in your urban center today, where gold prices witnessed a ₹10 increment this Sunday. As per the esteemed source, Goodreturns, a solitary gram of 22K gold commanded a price of ₹5,495, while its 24K counterpart was quoted at ₹5,995. It is worth noting that the ‘K’ or carat serves as the yardstick for appraising gold’s purity. A 24K gold variant earns the distinction of being labeled as pure gold, boasting an impressive 99.9 percent purity quotient. In its liquid state, it stands uncontaminated by the presence of other metallic elements. Conversely, 22K gold bears the imprint of alloying with metals such as copper and zinc, making it a preferred choice for crafting exquisite jewelry pieces.
Behold the gold quotations for prominent cities on the 24th day of September:
- DELHI: 22K GOLD PRICE (Rs/10 GMS) – ₹55,100 | 24K GOLD PRICE (Rs/10 GMS) – ₹60,100
- MUMBAI: 22K GOLD PRICE (Rs/10 GMS) – ₹54,950 | 24K GOLD PRICE (Rs/10 GMS) – ₹59,950
- KOLKATA: 22K GOLD PRICE (Rs/10 GMS) – ₹54,950 | 24K GOLD PRICE (Rs/10 GMS) – ₹59,950
- CHENNAI: 22K GOLD PRICE (Rs/10 GMS) – ₹55,210 | 24K GOLD PRICE (Rs/10 GMS) – ₹60,230
- BENGALURU: 22K GOLD PRICE (Rs/10 GMS) – ₹54,950 | 24K GOLD PRICE (Rs/10 GMS) – ₹59,950
Gold rates, as we discern, are contingent upon a myriad of factors. These factors encompass currency valuations, prevailing interest rates, the ebbs, and flows of global demand, and the stratagem of governmental policies. Specifically, when the Indian Rupee succumbs to a weakening spell against the mighty US dollar, gold prices invariably ascend. The price of gold is also inextricably tied to global dynamics, such as the trajectory of global economic growth and the prowess of the US dollar in relation to other currencies. Moreover, an equally pivotal determinant is the degree of demand for this coveted precious metal. In instances where demand appears less than robust, gold rates exhibit a downward trajectory. Furthermore, the interest rate milieu wields substantial influence over gold valuations. For instance, gold rates tend to recede when interest rates ascend in countries like the United States, and conversely, they see an uptick when interest rates undergo a decline.
Shifting our gaze to silver, we observed a notable 30-piece augmentation this past Sunday. In accordance with the venerable source, Goodreturns, the worth of a solitary gram of silver stands at a commendable ₹75.80. In the urban hubs of Delhi, Mumbai, and Kolkata, a 10-gram silver investment bears the price tag of ₹758, while Chennai and Bengaluru register rates of ₹793 and ₹742.50 respectively. Silver, for all its luster, remains a more affordable alternative to its gilded counterpart. Within India, the valuation of silver is intertwined with various dynamics, including the undulations of gold rates. It is imperative to underscore that as gold prices embark on an upward trajectory, silver rates invariably follow suit. Additionally, silver prices are susceptible to manipulation via large-scale purchases.
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