Divya Delhi: The price of 24-carat gold dropped on Saturday, with 10 grams of it selling at Rs 98,340, according to Good Returns. Silver prices too witnessed a fall and are now standing at Rs 98,900 per kilogram, according to Good Returns. In Mumbai, the price of ten grams of 24-carat gold is equivalent to the prices in Kolkata, Chennai and Hyderabad at Rs 98,340. The rate of 10 grams of 24-carat gold today in Delhi is Rs 98,490. The price of ten grams of 22-carat gold in Mumbai is Rs 90,140, the same as in Kolkata, Bengaluru, Chennai and Hyderabad. The price of ten grams of 22-carat gold in Delhi is Rs 90,290.  Contrary to popular belief, gold prices in India aren’t solely driven by physical gold demand and supply. Instead, they’re significantly influenced by trading activities on major global markets, including the London OTC spot market and the COMEX gold futures market.  Furthermore, other factors like global events, political issues, central bank decisions, and currency changes can also fuel the change in the prices of the precious metal.