Gold Rate Today in India: The rate of 10 grams of 24 carat gold in the jewelery market of the capital Delhi is just Rs 100 away from reaching the level of Rs 62,000. The gold rate in Delhi NCR is Rs 61,900. In most of the cities of the country, gold is trading above Rs 61,750.
The rate of 22 carat gold is above Rs 56,600. Most jewelery is made in 22 carat gold. With the beginning of the festive season, the price of gold has started rising. Buying gold during Navratri is considered auspicious, which is why the demand and price of gold is increasing in the domestic jewelery market. The rate of silver is at Rs 75,300.
Gold price on 21 October 2023
Gold rate in delhi
The price of 22 carat gold in Delhi was Rs 56,750 per 10 grams. For 24 carat, customers will have to pay Rs 61,900 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 56,650 and the price of 24 carat gold is Rs 60,800 per 10 grams.
Gold rate in Chennai
In Chennai, 22 carat gold was Rs 56,700 per 10 grams. The retail price of 24 carat gold in Chennai, the capital of Tamil Nadu, is Rs 61,850 per 10 grams.
This will be the gold rate in big cities of the country on 21 October 2023
City | 22 carat gold rate | 24 carat gold rate |
Mumbai | 56,600 | 61,750 |
Gurugram | 56,750 | 61,900 |
Kolkata | 56,600 | 61,750 |
Lucknow | 56,750 | 61,900 |
Bangalore | 56,600 | 61,750 |
Jaipur | 56,750 | 61,900 |
Patna | 56,650 | 61,800 |
Bhubaneswar | 56,600 | 61,750 |
Hyderabad | 56,600 | 61,750 |
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.