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Gold Rate Today: Good news for gold buyers! Gold became cheaper, know how much the price of 24 carat gold decreased

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Gold Rate Today in India: Today, on Wednesday, the third day of the week, the price of gold has fallen. If we compare the price of gold with yesterday’s price, today it has fallen by Rs 250 to Rs 300 per 10 grams. Gold price is trading around Rs 59,500 in most cities of the country.

Gold Rate Today in India: Today, on Wednesday, the third day of the week, the price of gold has fallen. If we compare the price of gold with yesterday’s price, today it has fallen by Rs 250 to Rs 300 per 10 grams. The price of gold is trading around Rs 59,500 in most of the cities of the country. The rate of one kg silver is trading at Rs 74,200. The price of silver has fallen by Rs 600.

Gold price on 27 September 2023

Gold rate in delhi

The price of 22 carat gold in Delhi was Rs 54,650 per 10 grams. For 24 carat, customers will have to pay Rs 59,600 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 54,550 and the price of 24 carat gold is Rs 59,500 per 10 grams.

Gold rate in Chennai

In Chennai, 22 carat gold was Rs 54,800 per 10 grams. The retail price of 24 carat gold in Chennai, the capital of Tamil Nadu, is Rs 59,780 per 10 grams.

This was the gold rate in big cities of the country on 27 September 2023

City Price of 22 carat 10 gram gold in rupees Price of 24 carat 10 gram gold in rupees
Mumbai 54,500 59,450
Gurugram 54,900 59,880
Kolkata 54,750 59,730
Lucknow 54,900 59,880
Bangalore 54,500 59,450
Jaipur 54,900 59,880
Patna 54,800 59,780
Bhubaneswar 54,500 59,450
Hyderabad 54,500 59,450

 

How are gold prices 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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