Gold & Silver 1-week Return Calculator: How value of Rs 10 lakh investment in gold and silver has reduced in just 7 days; see calculations
Gold vs Silver Price 1-week Return Calculator: The price of gold in New Delhi today is Rs 76,790/10g. A week ago (November 4, 2024), it was Rs 78,380/10g. The price of 1 kg silver in New Delhi today is Rs 91,090. It was Rs 94,200 a week ago.
Gold vs Silver Price 1-week Return Calculator: Gold and silver rates have plunged considerably in the last 1 week. One of the major reasons behind this sharp fall is Donald Trump's election as the US President. After his election, the US dollar and US Treasury yields have strengthened, and the demand for gold has decreased. Another prime reason behind this slide is the decreasing demand of gold and silver post festive season of Dhanteras and Diwali. In this write-up, know the rate of gold and silver today (Monday, November 11, 2024) and a week ago (November 4, 2024). Also know what Rs 10 lakh amount would buy the quantities of gold a week ago and today, and how the value of Rs 10 lakh investment in each metal has reduced in just 1 week.
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Calculation conditions
We are taking prices of 24k carat gold and silver in Delhi.
Gold rate in Delhi today
The price of gold in New Delhi today is Rs 76,790/10g.
Gold rate in Delhi on November
The price of the yellow metal a week ago in the Capital was Rs 78,380/10g.
Silver rate in Delhi today
The price of 1 kg silver in New Delhi today is Rs 91,090.
Silver rate on November 4
The price of silver a week ago in the Capital was Rs 94,200.
How much gold one would buy for Rs 10 lakh a week ago
At Rs 78,350/10g, one would purchase 127.58 gm gold for Rs 10 lakh.
How much gold one can buy for Rs 10 lakh today
At Rs 76,790/10g, they can buy 130.225 gm gold.
How much value of Rs 10 lakh investment in gold has decreased in 1 week
Thus, a Rs 10 lakh investment in gold has reduced to Rs 9,79,686.82 in 1 week.
How much silver one would buy for Rs 10 lakh a week ago
At Rs 94,200/kg, one would buy 10.615 kg silver for Rs 10 lakh.
How much silver one can buy for Rs 10 lakh today
At Rs 91,090/kg, one can purchase 10.978 kg silver.
How value of Rs 10 lakh investment in gold has decreased in 1 week
Thus, a Rs 10 lakh investment in gold made a week ago is now worth Rs 9,66,920.35.