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HomePersonal FinanceGold Price Today: Big news! Gold became expensive again today, check today's...

Gold Price Today: Big news! Gold became expensive again today, check today’s latest price before buying

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There was a rise in the price of gold in the bullion market of the country today on Tuesday. In most cities the price of gold is trading above Rs 63,000. In Delhi-NCR, the rate of 24 carat gold is trading above Rs 63,590. Gold rate in Chennai has reached above Rs 64,000.


Gold Rate 16 January 2024: There was a rise in the price of gold in the bullion market of the country today on Tuesday. In most cities the price of gold is trading above Rs 63,000. In Delhi-NCR, the rate of 24 carat gold is trading above Rs 63,590. Gold rate in Chennai has reached above Rs 64,000. The rate of silver is at Rs 76,500. Know the latest gold rate here..

Today’s gold rate in Delhi

The price of 22 carat gold in Delhi was Rs 58,300 per 10 grams. For 24 carat, customers will have to pay Rs 63,590 per 10 grams.

Today’s gold rate in Mumbai

The retail price of 22 carat gold in Mumbai is Rs 58,150 and the price of 24 carat gold is Rs 63,440 per 10 grams.

Today’s gold rate in Chennai

In Chennai, 22 carat gold was Rs 58,700 per 10 grams. The retail price of 24 carat gold in Chennai, the capital of Tamil Nadu, is Rs 64,040 per 10 grams.

This was the gold rate in big cities of the country on January 16, 2024

City 22 carat gold rate 24 carat gold rate
Ahmedabad 58,200 63,490
Gurugram 58,200 63,480
Kolkata 58,150 63,440
Lucknow 58,300 63,590
Bangalore 58,150 63,440
Jaipur 58,300 63,590
Patna 58,200 63,490
Bhubaneswar 58,150 63,440
Hyderabad 58,150 63,440

 

Gold prices depend on these reasons

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.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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