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Gold Price Today: Big News! Big jump in price of Gold on Dussehra, know the latest price

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Gold Price Today: Gold became cheaper by Rs 5000 in five days, know latest rates

Gold Rate Today in India: On the day of Dussehra, gold prices have increased across the country. In the jewelery market of Delhi, the rate of 10 grams of 24 carat gold is trading above Rs 61,800. Gold rate in Delhi NCR is trading at Rs 61,840 and in Chennai the price is trading at Rs 61,910.


Gold Rate Today in India: Gold prices have increased across the country on the day of Dussehra. Gold rate in Delhi NCR is trading at Rs 61,840 and in Chennai the price is trading at Rs 61,910. Gold is trading around Rs 61,700 in most cities of the country. The rate of 22 carat gold is above Rs 56,700. Most jewelery is made in 22 carat gold. With the beginning of the festive season, the price of gold has started rising. The rate of silver is at Rs 74,600.

Gold price on 24 October 2023

Gold rate in Delhi

The price of 22 carat gold in Delhi was Rs 56,700 per 10 grams. For 24 carat, customers will have to pay Rs 61,840 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 56,600 and the price of 24 carat gold is Rs 60,690 per 10 grams.

Gold rate in Chennai

In Chennai, 22 carat gold was Rs 56,750 per 10 grams. The retail price of 24 carat gold in Chennai, the capital of Tamil Nadu, is Rs 61,910 per 10 grams.

This was the gold rate in big cities of the country on 24 October 2023

 

City 22 carat gold rate 24 carat gold rate
Mumbai 56,700 61,690
Gurugram 56,700 61,840
Kolkata 56,550 61,690
Lucknow 56,700 61,840
Bangalore 56,550 61,690
Jaipur 56,700 61,840
Patna 56,600 61,740
Bhubaneswar 56,550 61,690
Hyderabad 56,550 61,690

 

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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