Gold and Silver Prices Across Indian Cities on 4th September 2024
Overview of Gold and Silver Prices in India
On 4th September 2024, the prices of gold and silver remained steady across major cities in India. For investors and consumers alike, gold and silver continue to be popular choices for investment and savings. The prices of both these precious metals vary slightly depending on the city and market conditions.
Gold and Silver Prices in Delhi
In Delhi, the price of gold for 24 carat was ₹71,370 per 10 grams. Silver was priced at ₹82,810 per kilogram, offering a slightly lower rate compared to other major cities. These gold and silver prices in Delhi are reflective of the city’s ongoing demand for precious metals.
Gold and Silver Prices in Mumbai
Mumbai, known for its vibrant bullion market, saw gold prices for 24 carat at ₹71,490 per 10 grams. Silver was priced at ₹82,960 per kilogram. The gold and silver prices in Mumbai were in line with the national average, making it a significant hub for both metal trading and investment.
Gold and Silver Prices in Kolkata
In Kolkata, gold prices were ₹71,390 per 10 grams for 24 carat, slightly lower than in Mumbai but still maintaining a strong presence in the market. Silver was priced at ₹82,850 per kilogram, making Kolkata a competitive market for both gold and silver enthusiasts.
Gold and Silver Prices in Chennai
Chennai saw the highest price for gold among the major cities, with 24 carat gold priced at ₹71,700 per 10 grams. Silver was priced at ₹83,200 per kilogram. The gold and silver prices in Chennai highlight the city’s significant demand for precious metals, driven by cultural and economic factors.
Gold Prices on MCX (Futures)
For those involved in futures trading, the Multi Commodity Exchange (MCX) listed gold futures for October 2024 at ₹71,386 per 10 grams. While silver futures were not specified, this gold price on MCX reflects expectations for the metal’s performance in the near future.
Conclusion: Trends in Gold and Silver Prices
Gold and silver prices on 4th September 2024 showed consistent trends across major Indian cities, with slight variations in rates due to regional market conditions. Both metals continue to play an essential role in the investment portfolios of many, making the tracking of gold and silver prices a crucial activity for those involved in the precious metals market.
Here’s a chart summarizing the gold and silver prices in different cities of India on 4th September 2024:
| City | Gold Price (24 Carat) per 10g | Gold Price (22 Carat) per 10g | Silver Price per kg |
|---|---|---|---|
| India | ₹71,490 | ₹65,533 | ₹84,250 |
| Delhi | ₹71,370 | Not specified | ₹82,810 |
| Mumbai | ₹71,490 | Not specified | ₹82,960 |
| Kolkata | ₹71,390 | Not specified | ₹82,850 |
| Chennai | ₹71,700 | Not specified | ₹83,200 |
| MCX (Futures) | ₹71,386 (October 2024) | Not applicable | Not applicable |
This chart provides a concise overview of the gold and silver prices on 4th September 2024 across various cities in India.
