Gold price immediately in India on November 29: India is the biggest importer of gold, which primarily caters to the demand of the jewelry business. (Representative picture)
Gold price immediately in India: Check retail gold value on November 29, 2023
Gold Rate Today In India: On November 29, 2023, the value of 10 grams of gold various throughout totally different cities in India, however the common value was round Rs 62,000. To be particular, 10 grams of 24-carat gold value roughly Rs 62,560, whereas an identical quantity of 22-carat gold was valued at Rs 57,350. The present value for silver was Rs 78,500 per kilogram.
Gold price immediately in India: Retail gold value on November 29
Delhi Gold RateÂ
In Delhi, folks need to spend Rs 57,500 for 10 grams of twenty-two-carat gold and Rs 62,710 for a similar quantity of 24-carat gold.
Mumbai Gold RateÂ
In Mumbai, the present value for 10 grams of twenty-two-carat gold is Rs 57,350, and the identical quantity of 24-carat gold is priced at Rs 62,560.
Chennai Gold RateÂ
In Chennai, the value for 10 grams of twenty-two-carat gold is Rs 57,800, and for a similar quantity of 24-carat gold, it’s Rs 63,050.
Check gold charges immediately in numerous cities on November 29, 2023; (In Rs/10 grams)
| City | 22 Carat Gold Price | 24 Carat Gold Price |
| Ahmedabad | 57,400 | 62,610 |
| Gurugram | 57,500 | 62,710 |
| Kolkata | 57,350 | 62,560 |
| Lucknow | 57,500 | 62,710 |
| Bengaluru | 57,350 | 62,560 |
| Jaipur | 57,500 | 62,710 |
| Patna | 57,400 | 62,610 |
| Bhubaneshwar | 57,350 | 62,560 |
| Hyderabad | 57,350 | 62,560 |
Multi Commodity Exchange
On November 29, gold futures expiring on February 05, 2023, have been buying and selling at Rs 62,830 on the Multi Commodity Exchange. At the identical time, silver futures with the identical maturity date have been priced at Rs 77,130.
The retail value of gold is the quantity it’s offered to prospects within the nation. This value is influenced by numerous components, 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 as a consequence of its cultural significance, funding worth, and longstanding function in weddings and festivals.
Here are a number of components that may exert affect on the value of gold:
Supply and Demand: The value of gold primarily will depend on how a lot folks need it and the way a lot is out there. If extra folks need gold, the value often goes up. But if there’s an excessive amount of gold obtainable, the value can go down.
Global Economic Conditions: The total international economic system additionally has a big effect on gold costs. When the world economic system isn’t doing nicely or there’s a recession, buyers usually select gold as a secure choice, inflicting its value to go up.
Political Instability: Political troubles can even have an effect on gold costs. When there’s uncertainty or a disaster in an essential nation or area, buyers would possibly select to guard their cash by investing in gold. This elevated demand could make the value of gold go up.
