Gold And Silver Prices Today On May 5: On May 5th, the cost of 10 grams of gold held firm, hovering around Rs 71,000.
In contrast, the silver market experienced an increase, reaching Rs 83,000 per kilogram, with pure 24-carat gold priced at Rs 71,830 per 10 grams, and 22-carat gold at about Rs 65,850.
Silver costs Rs.83500.0 per kilogram
Gold And Silver Prices Today On May 5:
| City | 22 Carat Gold Price | 24-Carat Gold Price |
| Delhi | 66,000 | 71,980 |
| Mumbai | 65,850 | 71,830 |
| Ahmedabad | 65,900 | 71,880 |
| Chennai | 66,000 | 72,000 |
| Kolkata | 65,850 | 71,830 |
| Gurugram | 66,000 | 71,980 |
| Lucknow | 66,000 | 71,980 |
| Bengaluru | 65,850 | 71,830 |
| Jaipur | 66,000 | 71,980 |
| Patna | 65,900 | 71,880 |
| Bhubaneshwar | 65,850 | 71,830 |
| Hyderabad | 65,850 | 71,830 |
MCX gold August 2024 futures traded at Rs.70836.0 per 10 gm at the time of publication, up by 0.129%.
MCX silver futures for September 2024 were trading at Rs.82466.0 per kg, down by 0.001%.
Retail gold prices in India, which indicate the ultimate cost per unit weight for consumers purchasing gold, are affected by a variety of factors beyond the intrinsic worth of the metal.
Gold and silver prices fluctuate for a lot of reasons, including feedback from respected jewelers.
These changes are due to global demand for gold, currency value fluctuations, interest rates, and government regulations.
Indian gold prices are also influenced by global events, like the global economy and the strength of the US dollar.
Traditionally, weddings and festivals play a significant role in Indian culture.
Investors and traders closely monitor market fluctuations. Be sure to stay updated if anything changes.
Also Read: Gold And Silver Prices Today On May 4, 2024: Check Rates In Your City
