Gold charge as we speak in India on November 14: India is the biggest importer of gold, which primarily caters to the demand of the jewelry trade. (Representative picture)
Gold charge as we speak: In Ahmedabad, the present value for 10 grams of 22-carat gold is Rs 55,500, and the identical quantity of 24-carat gold is priced at Rs 60,540.
Gold Rate Today In India: On November 14, 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 charge for silver is Rs 72,400 per kilogram.
Gold charge as we speak in India: Retail gold worth on November 14
Delhi Gold RateÂ
In Delhi, individuals need to spend Rs 55,600 for 10 grams of 22-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 22-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 value for 10 grams of 22-carat gold is Rs 55,900, and for a similar quantity of 24-carat gold, it’s Rs 60,980.
Check gold charges as we speak in numerous cities on November 14, 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, gold futures expiring on December 05, 2023, had been buying and selling at Rs 59,850 on the Multi Commodity Exchange. At the identical time, silver futures with the identical maturity date had been priced at Rs 69,946.
The retail worth of gold is the quantity it’s offered to clients within the nation. This worth is influenced by numerous elements, together with the worldwide gold worth, the worth of the Rupee, and the prices related to labour and supplies utilized in making gold jewelry.
Gold holds nice significance in India attributable to its cultural significance, funding worth, and longstanding function in weddings and festivals.
Here are a number of elements that may exert affect on the value of gold:
Supply and Demand: The worth 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 value often goes up. But if there’s an excessive amount of gold accessible, the value 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 effectively or there’s a recession, buyers usually select gold as a secure choice, inflicting its worth to go up.
Political Instability: Political troubles also can 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.