Gold and silver prices in Delhi remained stable on Wednesday, with 10 grams of 22-carat gold priced at ₹54,900. The rate for 22-carat gold remained unchanged at ₹5,475 per gram. Larger quantities, like 8 grams and 10 grams, were priced at ₹43,800 and ₹54,750, respectively. The cost of 100 grams of 22-carat gold was ₹5,47,500, while 24-carat gold was priced at ₹5,995 per gram.
Silver prices also remained steady, with one kilogram of silver having a nationwide cost of ₹74,800.
These price fluctuations are influenced by various factors, including input from reputable jewelers. Global gold demand, currency values in different countries, prevailing interest rates, and government regulations related to gold trade all contribute to these changes. Additionally, global events, such as the state of the global economy and the strength of the US dollar against other currencies, impact gold prices in the Indian market.