Gold and silver prices on June 24: Check latest rates in your city today

In the national capital, 10 gms of 22K gold costs ₹54,250 while that of 24K gold costs ₹59,170.

In financial capital Mumbai, the price of 10 gms of 22K and 24K gold stood at ₹54,100 and ₹59,020.

Here are the gold prices for major Indian cities on June 24.

CITY                       22K GOLD PRICE (Rs/10 GM) 24K GOLD PRICE (Rs/10 GM)
KOLKATA             54,100                                          59,020
CHENNAI            54,450                                          59,400
BENGALURU      54,150                                          59,070
HYDERABAD     54,100                                          59,020
LUCKNOW        54,250                                           59,170
Gold prices in India depend on various factors including currency, international rates and government policies. If the rupee slides against the US dollar, the gold price will increase.

Silver
The price of silver decreased by 40 paise on Saturday. According to website Goodreturns, one gram of silver costs ₹71.10. In Delhi, Mumbai and Kolkata, ten grams of silver were priced at ₹711. In Chennai, 10 gms of silve cost ₹740.

In India, the price of silver is determined by factors like gold rates, industrial demand, bulk purchases, inflation etc. If the price of gold increases, the silver price will also increase.