Gold Rate 6th December 2023: After reaching all-time high on Monday, the gold rate has fallen for the second consecutive day. The rate of 10 grams of gold has fallen by Rs 350 to Rs 400. Today gold price is trading below Rs 63,000.
Gold Rate 6th December 2023: After reaching all-time high on Monday, the gold rate has fallen for the second consecutive day. The rate of 10 grams of gold has fallen by Rs 350 to Rs 400. Today the price of gold is trading below Rs 63,000. The price of gold in Chennai, a city of South India, is Rs 63,440. Whereas, the rate of gold in Delhi NCR is at Rs 62,8200. The price of silver also declined today. After crossing the price of Rs 80,000, today the rate of silver is at Rs 78200. If you are also planning to buy gold or diamond jewelery for your wedding, then first know today’s gold price.
Gold price on 6 December 2023
Gold rate in Delhi
The price of 22 carat gold in Delhi was Rs 57,600 per 10 grams. For 24 carat, customers will have to pay Rs 62,820 per 10 grams.
Gold Rate in Mumbai
Talking about other cities of the country, the retail price of 22 carat gold in Ahmedabad, Gujarat is Rs 57,450 and the price of 24 carat gold is Rs 62,670 per 10 grams.
Gold Rate in Chennai
In Chennai, 22 carat gold was Rs 58,150 per 10 grams. The retail price of 24 carat gold in Chennai, the capital of Tamil Nadu, is Rs 63,440 per 10 grams.
This was the gold rate in big cities of the country on 6 December 2023
City | 22 carat gold rate | 24 carat gold rate |
Ahmedabad | 57,500 | 62,720 |
Gurugram | 57,600 | 62,820 |
Kolkata | 57,450 | 62,670 |
Lucknow | 57,600 | 63,820 |
Bangalore | 57,450 | 62,670 |
Jaipur | 57,600 | 62,820 |
Patna | 57,500 | 62,720 |
Bhubaneswar | 57,450 | 62,670 |
Hyderabad | 57,450 | 62,670 |
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.