Gold fee right now in India on November 28: India is the most important importer of gold, which primarily caters to the demand of the jewelry trade. (Representative picture)
Gold fee right now in India: The retail worth of gold is the quantity it is bought to clients within the nation.
Gold Rate Today In India: On November 28, 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 worth for silver was Rs 78,500 per kilogram.
Gold fee right now in India: Retail gold worth on November 28
Delhi Gold RateÂ
In Delhi, folks should 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 right now in numerous cities on November 28, 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 28, gold futures expiring on December 05, 2023, have been buying and selling at Rs 61,655 on the Multi Commodity Exchange. At the identical time, silver futures with the identical maturity date have been priced at Rs 74,660.
The retail worth of gold is the quantity it’s bought 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 as a result of 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 dependent upon how a lot folks need it and the way a lot is obtainable. If extra folks need gold, the value normally 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 shouldn’t be doing effectively or there’s a recession, traders usually select gold as a secure possibility, 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 may select to guard their cash by investing in gold. This elevated demand could make the value of gold go up.