Gold Silver Prices Today in India, 29th October 2024: Dhanteras, also known as Dhantrayodashi, is the start of the five-day Diwali festival in India.
The festival combines “Dhan,” meaning wealth, and “Teras,” meaning the 13th day of the dark fortnight of Ashwin in the Hindu lunar calendar.
This year, Dhanteras is being celebrated on October 29, 2024, falling on a Tuesday.
Goddess Lakshmi and Lord Kubera, the God of wealth, are worshipped, in addition, people also invest and buy gold and silver on this day to attract wealth and prosperity.
The 24-carat gold rate in India is quoted for a price of Rs 78,610 per 10 grams today, October 29, and the rate for 24-carat gold per gram is Rs 7,861, according to Financial Express.
Additionally, the rate of 22-carat gold was Rs 72,059 per 10 grams.
Notably, the price of 24-carat gold decreased by 0.13% in the last week and 1% in the last ten days.
Silver, on the other hand, is available to customers today for Rs 97,480 per kilogram.
City | Metal | Rate on October 29, 2024 (Tuesday) |
Mumbai | Gold (24K) | ₹78,610/10 grams |
Gold (22K) | ₹72,228/10 grams | |
Silver | ₹97,480/kg | |
Kolkata | Gold (24K) | ₹78,500/10 grams |
Gold (22K) | ₹72,197/10 grams | |
Silver | ₹97,350/kg | |
New Delhi | Gold (24K) | ₹78,470/10 grams |
Gold (22K) | ₹72,169/10 grams | |
Silver | ₹97,310/kg | |
Chennai | Gold (24K) | ₹78,830/10 grams |
Gold (22K) | ₹72,508/10 grams | |
Silver | ₹97,760/kg |
Source: Financial Express
It’s important to note that gold and silver prices are dynamic and are impacted by several factors, such as worldwide demand for gold, currency fluctuations, interest rates, and government policies.
Furthermore, foreign variables such as the global economic situation and the strength of the US dollar against other currencies influence gold prices in the Indian market.