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Home Personal Finance Gold Rate: Good news! Gold prices are continuously decreasing, check gold rate

Gold Rate: Good news! Gold prices are continuously decreasing, check gold rate

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Gold Rate: Good news! Gold prices are continuously decreasing, check gold rate

Gold Rate: If you are also planning to buy gold on Dhanteras and Diwali, then there is good news for you. In the week of Dhanteras-Diwali, the price of gold has declined for the third and fourth consecutive day. Today the rate of gold has decreased by Rs 10 per ten grams.

Gold Rate in Dhanteras-Diwali Week: If you are also planning to buy gold on Dhanteras and Diwali, then there is good news for you. In the week of Dhanteras-Diwali, the price of gold has declined for the third and fourth consecutive day. Today the rate of gold has decreased by Rs 10 per ten grams. Often a rise in gold prices is seen around Dhanteras and Diwali, but this time this trend is less visible. However, jewelers still believe that a rise in gold prices will be seen on the day of Dhanteras. Gold rate in Delhi NCR is trading at Rs 61,340. The rate of silver is at Rs 73,500.

Gold price on 9 November 2023

Gold rate in delhi

The price of 22 carat gold in Delhi was Rs 56,240 per 10 grams. For 24 carat, customers will have to pay Rs 61,340 per 10 grams.

Gold rate in Ahmedabad

Talking about other cities of the country, the retail price of 22 carat gold in Ahmedabad, Gujarat is Rs 56,140 and the price of 24 carat gold is Rs 61,240 per 10 grams.

Gold rate in Chennai

In Chennai, 22 carat gold was Rs 56,590 per 10 grams. The retail price of 24 carat gold in Chennai, the capital of Tamil Nadu, is Rs 61,7400 per 10 grams.

This was the gold rate in big cities of the country on 9 November 2023

City 22 carat gold rate 24 carat gold rate
Mumbai 56,090 61,190
Gurugram 56,240 61,340
Kolkata 56,090 61,190
Lucknow 56,240 61,340
Bangalore 56,090 61,190
Jaipur 56,240 61,340
Patna 56,140 61,240
Bhubaneswar 56,090 61,190
Hyderabad 56,090 61,190

 

This is how gold prices are decided

The price of gold is largely decided on the basis of demand and supply of gold in the market. If the demand for gold increases, the rate will also increase. If the supply of gold increases, the price will decrease. The price of gold is also affected by global economic conditions. For example, if the international economy is performing poorly, investors will look to gold as a safe investment option. This will increase the price of gold.

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