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Gold prices fell by 0.33% to Rs 75,910 on December 6, 2024, according to MCX data. The price of 24-carat gold in Mumbai was Rs 75,550, while 22-carat gold was priced at Rs 71,950. Despite the recent decline, gold's spot market value has increased by 20.30% since the beginning of the year and is up 22.05% year-over-year, although it remains below the peak of Rs 79,362 reached on October 30, 2024.
Gold prices rose to Rs 76,400 on November 29, 2024, marking a 0.55% increase from the previous day, according to MCX data. The price of 24-carat gold in Mumbai was Rs 76,020, while 22-carat gold was priced at Rs 72,400. Year-to-date, gold's spot market value has increased by 21.07%, and prices have surged 22.15% year-over-year, although they remain below the peak of Rs 79,362 reached on October 30, 2024.
The Securities and Exchange Board of India (SEBI) received a gold medal for its pavilion at the 43rd India International Trade Fair (IITF) under the Public Communication and Outreach category. The award was presented by ITPO Chairman Shri Pradeep Singh Kharola on November 27, 2024, recognizing SEBI's efforts to enhance investor awareness through various activities, including puppet shows and expert talks. The pavilion, themed 'BHARAT KAA SHARE BAZAAR,' was organized in collaboration with multiple financial institutions and ran from November 14-27, 2024, at Bharat Mandapam, Pragati Maidan, New Delhi.
Gold prices closed at Rs 75,983.00 on November 28, 2024, reflecting a slight increase of 0.04%. However, the second quarter of 2024 saw a 6% drop in gold demand, primarily driven by a decrease in consumption from the jewellery sector.
On November 27, gold prices rose by 0.76%, reaching Rs 75,953.00, according to MCX data. However, this figure remains below the Rs 79,362.00 mark established on October 30, 2024.
On November 25, gold prices fell by 1.33%, closing at Rs 76,487, according to MCX data. Despite this decline, gold has risen 24.92% year-over-year, although it remains below the peak of Rs 79,362 reached on October 30, 2024. The second quarter of 2024 saw a 6% drop in gold demand, primarily due to reduced interest from the jewellery sector.
Gold prices rose to Rs 77,518 on November 22, marking a 1.29% increase from the previous day, according to MCX data. Year-over-year, prices have surged by 26.60%, although they remain below the peak of Rs 79,362 reached on October 30.
On November 21, gold prices rose by 1.28% to Rs 76,529, according to MCX data. Since the beginning of the year, prices have increased by 21.28%, and year-over-year, they are up by 25.17%. However, gold remains below the October 30 peak of Rs 79,362.
Gold prices rose to Rs 74,468.00 on November 18, 2024, marking a 1.62% increase from the previous day, according to MCX data. Year-over-year, prices have surged by 22.71%, although they remain below the peak of Rs 79,362.00 reached on October 30, 2024. For gold futures expiring on December 5, 2024, the price was Rs 75,047.00 per 10 grams, up 1.49% from the prior day.
On November 15, gold prices remained flat at Rs 73,281, with futures for December 5 trading at Rs 73,946, reflecting a 0.28% decrease from the previous day. Year-over-year, prices have surged by 22.08%, although they are still below the October 30 peak of Rs 79,362. The second quarter of 2024 saw a 6% drop in gold demand, primarily due to reduced interest from the jewellery sector.
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The information provided herein is generated by experimental artificial intelligence and is for informational purposes only.
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