Gold value at present in India on November 13: India is the most important importer of gold, which primarily caters to the demand of the jewelry trade. (Representative picture)
Gold fee at present: The retail value of gold is the quantity it is bought to prospects within the nation.
Gold Rate Today In India: On November 13, 2023, the price of 10 grams of gold differs in numerous cities, however on common, it’s about Rs 61,000. Specifically, 10 grams of 24-carat gold value round Rs 60,490, whereas the identical quantity of 22-carat gold is valued at Rs 55,450. The present fee for silver is Rs 72,400 per kilogram.
Gold fee at present in India: Retail gold value on November 13
Delhi Gold RateÂ
In Delhi, individuals must spend Rs 55,600 for 10 grams of twenty-two-carat gold and Rs 60,640 for a similar quantity of 24-carat gold.
Ahmedabad Gold RateÂ
In Ahmedabad, the present value for 10 grams of twenty-two-carat gold is Rs 55,500, and the identical quantity of 24-carat gold is priced at Rs 60,540.
Chennai Gold RateÂ
In Chennai, the worth for 10 grams of twenty-two-carat gold is Rs 55,900, and for a similar quantity of 24-carat gold, it’s Rs 60,980.
Check gold charges at present in numerous cities on November 13, 2023; (In Rs/10 grams)
| City | 22 Carat Gold Price | 24 Carat Gold Price |
| Mumbai | 55,450 | 60,490 |
| Gurugram | 55,600 | 60,640 |
| Kolkata | 55,450 | 60,490 |
| Lucknow | 55,600 | 60,640 |
| Bengaluru | 55,450 | 60,490 |
| Jaipur | 55,600 | 60,640 |
| Patna | 55,500 | 60,540 |
| Bhubaneshwar | 55,450 | 60,490 |
| Hyderabad | 55,450 | 60,490 |
Multi Commodity Exchange
On November 13, the futures for gold expiring on December 05, 2023, had been buying and selling at Rs 59,612 on the Multi Commodity Exchange. At the identical time, silver futures with the identical maturity date had been priced at Rs 69,334.
The retail value of gold is the quantity it’s bought to prospects within the nation. This value is influenced by varied elements, together with the worldwide gold value, the worth of the Rupee, and the prices related to labour and supplies utilized in making gold jewelry.
Gold holds nice significance in India because of its cultural significance, funding worth, and longstanding position in weddings and festivals.
Here are a number of elements that may exert affect on the worth of gold:
Supply and Demand: The value of gold primarily is determined by how a lot individuals need it and the way a lot is offered. If extra individuals need gold, the worth often goes up. But if there’s an excessive amount of gold out there, the worth can go down.
Global Economic Conditions: The general world financial system additionally has a huge impact on gold costs. When the world financial system just isn’t doing properly or there’s a recession, traders typically select gold as a secure choice, inflicting its value to go up.
Political Instability: Political troubles may have an effect on gold costs. When there’s uncertainty or a disaster in an vital nation or area, traders may select to guard their cash by investing in gold. This elevated demand could make the worth of gold go up.
