Gold Price Today: Big jump in Gold price today, know today’s latest price
16th February 2024 – Today witnessed a notable uptick in gold prices, breaking the recent downward trend. The rate of 22-carat gold in the nation has climbed above Rs 57,000, while 24-carat gold is now trading around Rs 62,400, marking an increase of Rs 200 to Rs 300.
In Delhi, gold is currently priced at Rs 62,440, with silver standing at Rs 75,600 per unit. To track the latest gold rates in 12 major cities across the country, head over to InsightKashmir.com.
Today’s Gold Rates Across Major Cities
- Delhi: 22 carat – Rs 57,250 per 10 grams, 24 carat – Rs 62,440 per 10 grams.
- Mumbai: 22 carat – Rs 57,100, 24 carat – Rs 62,290 per 10 grams.
- Chennai: 22 carat – Rs 57,400, 24 carat – Rs 62,840 per 10 grams.
- Jammu and Kashmir: 1 gram – Rs 6,227 for 22 carat, Rs 6,211 for 24 carat.
Factors Influencing Gold Prices
Gold prices are primarily shaped by demand and supply dynamics in the market. When demand rises, prices tend to follow suit, while increased supply often leads to price reductions. Additionally, global economic conditions exert a significant influence. In times of economic uncertainty, gold is often sought after as a safe-haven investment, driving up its price. Keep yourself informed about these factors and more at InsightKashmir.com.
Gold Rates Surge: Stay Updated with InsightKashmir.com
16th February 2024 – Today witnessed a notable uptick in gold prices, breaking the recent downward trend. The rate of 22-carat gold in the nation has climbed above Rs 57,000, while 24-carat gold is now trading around Rs 62,400, marking an increase of Rs 200 to Rs 300.
In Delhi, gold is currently priced at Rs 62,440, with silver standing at Rs 75,600 per unit. To track the latest gold rates in 12 major cities across the country, head over to InsightKashmir.com.
Today’s Gold Rates Across Major Cities
- Delhi: 22 carat – Rs 57,250 per 10 grams, 24 carat – Rs 62,440 per 10 grams.
- Mumbai: 22 carat – Rs 57,100, 24 carat – Rs 62,290 per 10 grams.
- Chennai: 22 carat – Rs 57,400, 24 carat – Rs 62,840 per 10 grams.
- Jammu and Kashmir: 1 gram – Rs 6,227 for 22 carat, Rs 6,211 for 24 carat.
Factors Influencing Gold Prices
Gold prices are primarily shaped by demand and supply dynamics in the market. When demand rises, prices tend to follow suit, while increased supply often leads to price reductions. Additionally, global economic conditions exert a significant influence. In times of economic uncertainty, gold is often sought after as a safe-haven investment, driving up its price. Keep yourself informed about these factors and more at InsightKashmir.com.