Gold Price Today: On Thursday, September 5, 2024, gold prices experienced a minor decline of 10 rupees per 10 grams compared to the previous day. In major states like Delhi, Mumbai, Uttar Pradesh, Bihar, and Rajasthan, 24-karat gold is trading at around 72,900 rupees per 10 grams. The 22-karat gold rate remains stable at 66,800 rupees per 10 grams, unchanged from yesterday.
Silver Prices Drop Significantly
The silver market saw a more substantial decrease. On September 5, 2024, the price of silver is 84,900 rupees per kilogram, marking a significant drop of 1,000 rupees compared to the previous day. This decline in silver prices is noteworthy for investors and buyers alike.
Gold Rates Across Major Cities
Delhi and NCR
In Delhi, Noida, and Ghaziabad, 24-karat gold is priced at 72,900 rupees per 10 grams, while 22-karat gold costs 66,830 rupees per 10 grams.
Lucknow and Jaipur
Both cities report similar prices, with 24-karat gold at 72,900 rupees and 22-karat at 66,830 rupees per 10 grams.
Patna and Ahmedabad
These cities show a slight variation, with 24-karat gold priced at 72,800 rupees and 22-karat at 66,730 rupees per 10 grams.
Bhubaneswar, Mumbai, and Kolkata
In these cities, 24-karat gold is available at 72,750 rupees, while 22-karat gold is priced at 66,680 rupees per 10 grams.
Comparison Across Major Cities
A table comparing 22-karat and 24-karat gold prices across major Indian cities shows:
- Delhi, Gurugram, Lucknow, and Jaipur have the highest rates at 66,830 for 22-karat and 72,900 for 24-karat.
- Mumbai, Chennai, Kolkata, Bengaluru, Bhubaneswar, and Hyderabad have the lowest rates at 66,680 for 22-karat and 72,750 for 24-karat.
- Ahmedabad and Patna fall in the middle range with 66,730 for 22-karat and 72,800 for 24-karat.
Previous Day’s Market Performance
On Wednesday, September 4, 2024, the Delhi bullion market saw a significant decrease in gold prices. The rate for 24-karat gold dropped by 450 rupees, settling at 73,600 rupees per 10 grams. This was the third consecutive trading session to witness a decline in gold prices, primarily attributed to the falling prices of precious metals in international markets.
The slight dip in gold prices and the more significant decrease in silver prices reflect the ongoing fluctuations in the precious metals market. These changes are influenced by various factors, including international market trends and domestic demand. For investors and buyers, it’s crucial to keep a close eye on these price movements and consider their investment or purchase decisions accordingly. As the festive season approaches, these price changes may impact buying patterns in the jewelry market.
