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Gold Price Today : Gold becomes so cheap before festivals, check the price of 22 to 24

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Gold Price Today : Gold becomes so cheap before festivals, check the price of 14 to 24 carat here

Gold Rate Today in India: Today on Friday, the price of gold has fallen again. In most of the cities of the country, the rate of 22 carat gold is trading around Rs 53,000 and the rate of 24 carat gold is trading around Rs 58,000. Today, the price of gold has fallen by Rs 600 to Rs 900 per 10 grams.



Shraddha is going to start from tomorrow Saturday and before that a fall in the price of gold is being seen. Most people do not buy gold during the time of Shraddha, due to which the demand remains slightly less during this period. The rate of one kg silver is trading at Rs 74,700.

Gold price on 29 September 2023

Gold rate in Delhi

The price of 22 carat gold in Delhi was Rs 53,800 per 10 grams. For 24 carat, customers will have to pay Rs 58,680 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 53,700 and the price of 24 carat gold is Rs 58,580 per 10 grams.

Gold rate in Chennai

In Chennai, 22 carat gold was Rs 53,900 per 10 grams. The retail price of 24 carat gold in Chennai, the capital of Tamil Nadu, is Rs 58,800 per 10 grams.

This was the gold rate in big cities of the country on 29 September 2023

City Price of 22 carat 10 gram gold in rupees Price of 24 carat 10 gram gold in rupees
Mumbai 53,650 58,530
Gurugram 53,800 58,680
Kolkata 53,650 58,530
Lucknow 53,800 58,680
Bangalore 53,650 58,530
Jaipur 53,800 58,680
Patna 53,700 58,580
Bhubaneswar 53,650 58,530
Hyderabad 53,650 58,530

 

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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