Gold Rate: Today, on Monday, the first trading day of the week, the price of gold has fallen. The rates of 22 carat and 24 carat gold have fallen by Rs 250 to Rs 400. Silver rate is trading at Rs 78000. If you are also planning to invest in gold then know today’s rate.
Gold Rate 18th December 2023: Today, the price of gold has fallen on Monday, the first trading day of the week. The rates of 22 carat and 24 carat gold have fallen by Rs 250 to Rs 400. Silver rate is trading at Rs 78000. If you are also planning to invest in gold, then know today’s rate.
Gold Price on 18 December 2023
Gold rate in Delhi
The price of 22 carat gold in Delhi stood at Rs 57,550 per 10 grams. For 24 carat, customers will have to pay Rs 62,770 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 57,400 and the price of 24 carat gold is Rs 62,770 per 10 grams.
Gold rate in Chennai
In Chennai, 22 carat gold was Rs 57,850 per 10 grams. The retail price of 24 carat gold in Chennai, the capital of Tamil Nadu, is Rs 63,110 per 10 grams.
This will be the gold rate in big cities of the country on 18 December 2023
| City | 22 carat gold rate | 24 carat gold rate |
| Ahmedabad | 57,450 | 62,670 |
| Gurugram | 57,550 | 62,770 |
| Kolkata | 57,400 | 62,620 |
| Lucknow | 57,550 | 62,770 |
| Bangalore | 57,400 | 62,620 |
| Jaipur | 57,550 | 62,770 |
| Patna | 57,450 | 62,670 |
| Bhubaneswar | 57,400 | 62,620 |
| Hyderabad | 57,400 | 62,620 |
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.
