Gold charge at the moment in India: Check Retail gold worth on December 11. (Representative picture)
Gold charge at the moment: In Chennai, the worth for 10 grams of twenty-two-carat gold is Rs 57,650, and for a similar quantity of 24-carat gold, it is Rs 62,890.
Gold Rate Today In India: Gold costs in India fluctuated throughout cities on December 11, 2023, however the common price for 10 grams hovered round Rs 62,000. Specifically, 10 grams of 24-carat gold commanded a median worth of Rs 62,350, whereas 22-carat gold fetched Rs 57,150 for an identical quantity. Meanwhile, silver maintained its upward trajectory, settling at Rs 76,000 per kilogram.
Gold charge at the moment in India: Retail gold worth on December 11
Delhi Gold RateÂ
In Delhi, folks need to spend Rs 57,300 for 10 grams of twenty-two-carat gold and Rs 62,500 for a similar quantity of 24-carat gold.
Mumbai Gold RateÂ
In Mumbai, the present price for 10 grams of twenty-two-carat gold is Rs 57,150, and the identical quantity of 24-carat gold is priced at Rs 62,350.
Chennai Gold RateÂ
In Chennai, the worth for 10 grams of twenty-two-carat gold is Rs 57,650, and for a similar quantity of 24-carat gold, it’s Rs 62,890.
Check gold charges at the moment in numerous cities on December 11, 2023; (In Rs/10 grams)
| City | 22 Carat Gold Price | 24 Carat Gold Price |
| Ahmedabad | 57,200 | 62,400 |
| Gurugram | 57,300 | 62,500 |
| Kolkata | 57,150 | 62,350 |
| Lucknow | 57,300 | 62,500 |
| Bengaluru | 57,150 | 62,350 |
| Jaipur | 57,300 | 62,500 |
| Patna | 57,200 | 62,400 |
| Bhubaneshwar | 57,150 | 62,350 |
| Hyderabad | 57,150 | 62,350 |
Multi Commodity Exchange
On December 11, gold futures expiring on February 05, 2024, have been buying and selling at Rs 61,650 on the Multi Commodity Exchange. Silver futures expiring on March 05, 2024 have been buying and selling at Rs 72,325.
The retail worth of gold is the quantity it’s offered to clients within the nation. This worth is influenced by numerous components, 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 as a result 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 worth of gold:
Supply and Demand: The worth of gold primarily is determined by how a lot folks need it and the way a lot is obtainable. If extra folks need gold, the worth normally goes up. But if there’s an excessive amount of gold accessible, the worth can go down.
Global Economic Conditions: The total world economic system additionally has a big effect on gold costs. When the world economic system is just not doing nicely or there’s a recession, traders typically select gold as a secure choice, inflicting its worth 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, traders would possibly select to guard their cash by investing in gold. This elevated demand could make the worth of gold go up.
