Gold and Silver Rates Today, October 24: Gold prices on Friday fell slightly amid the correction phase post Diwali festival after the record rally. In Mumbai, the price of 24-carat gold stood at Rs 1,25,070
per 10 grams, while 22k gold was available at Rs 1,14,640 per 10 grams. Silver also jumped Rs 1000 to touch the record high of Rs 1,58,900 per kg.
On the MCX, gold futures expiring on December 05, 2025, was trading lower by 0.34% to trade at Rs 1,23,683 per 10 grams around 9:23 AM, whereas silver futures expiring on December 05, 2025, fell 0.83% to Rs 1,47,278 per kg.
What Is The Price Of 22kt, 24kt Gold Rates Today In India Across Key Cities On October 24?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 1,14,790 | Rs 1,25,220 |
| Jaipur | Rs 1,14,790 | Rs 1,25,220 |
| Ahmedabad | Rs 1,14,690 | Rs 1,25,120 |
| Pune | Rs 1,14,690 | Rs 1,22,070 |
| Mumbai | Rs 1,14,640 | Rs 1,25,070 |
| Hyderabad | Rs 1,14,640 | Rs 1,25,070 |
| Chennai | Rs 1,14,640 | Rs 1,25,070 |
| Bengaluru | Rs 1,14,640 | Rs 1,25,070 |
| Kolkata | Rs 1,14,640 | Rs 1,25,070 |
International Gold Prices Today
In the international market, US spot gold gained almost 1,65% after the crash to trade at $4,117 per ounce as of 9:20 IST.
Silver also gained 1.09% to trade at USD 48.62 per ounce.
What Factors Affect Gold Prices In India?
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.
