Gold And Silver Price Today 16 September 2024: Gold has been a great hedge against inflation for the past several years. Investors are looking at gold as an important investment. “India Ka Samachar” provides gold prices in India & These gold rates are updated today and also are taken from the reputed jewelers of the country. Today the price of gold in India is ₹6,880 per gram for 22-carat gold and ₹7,505 per gram for 24-carat gold (also known as 999 gold) and the price of silver has reached Rs 93,000 per kg.
While the price of gold was Rs 72,870 per 10 grams last Monday, now it has climbed to Rs 75,050 per 10 grams. During this period, the price of gold increased by Rs 2,180. While the price of silver was Rs 85,000 per kg last Monday. Now it has climbed to Rs 93,000 per kg. During this period, the price of silver increased by Rs 8,000.
Table of Contents
Gold and Silver Price Today 16 September 2024: Know what are the reasons behind rising gold prices.
Gold prices rise due to these reasons Cross-currency headwinds can also affect the precious metal. For example, if the dollar rises sharply, then its direct impact can bring down the price of gold. In short, gold prices in India today are affected by many reasons and there is no single reason that has a big impact. Overall, you can say that many factors are responsible for this.
Gold and Silver Price Today 16 September 2024: 22 Carat Gold Price Per Gram in India (INR)
| Gram | 22K Today | 22K Yesterday | Price Change |
| 1 gram | ₹ 6,880 | ₹ 6,865 | ₹ + 15 |
| 8 gram | ₹ 55,040 | ₹ 54,920 | ₹ + 120 |
| 10 gram | ₹ 68,800 | ₹ 68,650 | ₹ + 150 |
| 100 gram | ₹ 6,88,000 | ₹ 6,86,500 | ₹ + 1,500 |
| Gram | 24 K Today | 24 K Yesterday | Price Change |
| 1 gram | ₹ 7,505 | ₹ 7,489 | ₹ + 16 |
| 8 gram | ₹ 60,040 | ₹ 59,912 | ₹ + 128 |
| 10 gram | ₹ 75,050 | ₹ 74,890 | ₹ + 160 |
| 100 gram | ₹ 7,50,500 | ₹ 7,48,900 | ₹ + 1,600 |
The gold rates given above are indicative and it doesn’t include any GST, TCS and other charges. Contact your local jeweler for perfect rates.
Gold and Silver Price Today 16 September 2024: 4 Indian Major Cities Gold Rates Today (1 gram)
| City | 22K Today | 24K Today | 18K Today |
| Chennai | ₹ 6,880 | ₹ 7,505 | ₹ 5,635 |
| Mumbai | ₹ 6,880 | ₹ 7,505 | ₹ 5,635 |
| Delhi | ₹ 6,895 | ₹ 7,505 | ₹ 5,642 |
| Kolkata | ₹ 6,880 | ₹ 7,515 | ₹ 5,635 |
Gold And Silver Price Today 16 September 2024: Silver has been a great hedge against inflation for the past several years. Investors are looking at silver as an important investment. India Ka Samachar is providing silver prices in India here to give information to its readers. These silver rates are updated today and are taken from the reputed jewelers of the country. Today silver price in India is ₹ 93 for 1 gram of silver and ₹ 930 for 10 grams of silver.
Gold and Silver Price Today 16 September 2024: Silver Price Per Gram/Kg in India (INR)
| Gram | Silver Rate Today | Silver Rate Yesterday | Daily Price Change |
| 1 gram | ₹ 93 | ₹ 92 | ₹ + 1 |
| 8 gram | ₹ 744 | ₹ 736 | ₹ + 8 |
| 10 gram | ₹ 930 | ₹ 920 | ₹ + 10 |
| 100 gram | ₹ 9,300 | ₹ 9,200 | ₹ + 100 |
| 1 Kg | ₹ 93,000 | ₹ 92,000 | ₹ + 1,000 |
Gold and Silver Price Today 16 September 2024: 4 Indian Major Cities Silver Rates Today
| City | 10 gram | 100 gram | 1 Kg |
| Chennai | ₹ 980 | ₹ 9,800 | ₹ 98,000 |
| Mumbai | ₹ 930 | ₹ 9,300 | ₹ 93,000 |
| Delhi | ₹ 930 | ₹ 9,300 | ₹ 93,000 |
| Kolkata | ₹ 930 | ₹ 9,300 | ₹ 93,000 |
Buy Gold And Silver Wisely
Gold prices change continuously, so it is important to be careful while investing. Before buying gold, one should analyze the current market situation and prospects. Investors should buy keeping in mind their budget and investment objectives. It is also important to take advice from experts and consider various investment options.
Buy Gold And Silver When it is Cheap
If you want, you can follow a rule for buying gold whether gold is cheap or expensive, whenever you go to buy it, its price should not be more than Rs 27,000. If the price is more than this, then hold the purchase if it is not necessary. To check the gold rate, you can look at business websites or news. This will let you know today’s gold prices.
Gold prices keep changing depending on economic, global and market conditions. Keep the following things in mind while buying gold:
- Price fall: Buy when prices are low.
- Timing: Gold can get expensive during the festive and wedding season, buy before this time.
- Research: Study market trends and take advice from experts.
- Diversification: Consider options other than gold to diversify your investments.
Take Proper Care of Gold And Silver
Gold And Silver has become a valuable asset nowadays and it should be taken care of properly. While people think of various options, the best option is to open a locker in a bank. Many banks offer this facility but along with this, some charges have to be paid to the bank for this.
Keep Gold And Silver in a Locker at the Nearest Bank
For a small locker, a fee of Rs 4500 has to be paid to the bank in which you can store your gold. It depends on the size of the locker. We would advise you to inquire and get a locker where cheaper lockers are available. One important thing to keep in mind is that if you lose the locker keys, you have to go through a very long process to get your things back. This process is very tiring.
How can you find out the Gold And Silver Price Today by Giving a Missed Call?
You can also check the gold and silver prices by giving a missed call. To know the 22-carat gold and 18-carat gold prices for that you can give a missed call to 8955664433. As soon as you make a missed call, you will get the gold rate information through an SMS.
Disclaimer: The information given on our website is for awareness only and has been collected from sources available on the internet. We do not support any opinion or claim. Please verify the information independently for accuracy.
Price Taken From: https://www.goodreturns.in/
Note: All photos and videos have been taken from Google or YouTube, so if you have any problem with the photo then mail us.
If you find any problem in this post or want to remove this post, then contact us: CONTACT US.
Gold And Silver Price Today FAQ
What factors influence the daily price of gold and silver?
The price of gold and silver is affected by various factors such as:
Global economic conditions
Currency exchange rates (especially the US dollar)
Interest rates set by central banks
Inflation and deflation rates
Geopolitical events (war, trade conflicts)
Supply and demand dynamics in the commodity market
Where can I check the live Gold And Silver Price Today?
You can check live prices on:
Commodity market websites (e.g., MCX, COMEX)
Financial news platforms (e.g., Bloomberg, Reuters)
Mobile apps and websites of gold and silver dealers
Banks and jewelers’ websites that trade in bullion
How often do gold and silver prices change during the day?
The prices of gold and silver fluctuate throughout the trading day based on:
Market conditions and investor sentiment
Changes in supply and demand
Currency value fluctuations, especially of the US dollar Typically, gold and silver prices are updated in real time during the active hours of major global markets.
What is the difference between the spot price and futures price of gold and silver?
Spot price: The current price at which gold or silver can be bought or sold for immediate delivery.
Futures price: The agreed price for buying or selling gold or silver at a later date, typically determined by futures contracts on commodity exchanges like MCX or COMEX.
Is it a good time to buy gold or silver today?
This depends on:
Current market trends and price forecasts
Economic conditions and inflation trends
Personal investment goals (long-term vs. short-term) Consulting with a financial advisor or market expert is recommended before making significant investment decisions.