(*22*)
Gold value at present in India on November 19: India is the biggest importer of gold, which primarily caters to the demand of the jewelry business. (Representative picture)
(*19*)
Gold Rate Rises In India: Check 22 Carat Price In Your City On November 19 – News18
Gold Rate Today In India: On November 19, 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 61,690, whereas the identical quantity of 22-carat gold is valued at Rs 56,550. The present charge for silver is Rs 76,000 per kilogram.
Gold charge at present in India: Retail gold value on November 19
Delhi Gold RateÂ
In Delhi, individuals need to spend Rs 56,700 for 10 grams of 22-carat gold and Rs 61,790 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 56,600, and the identical quantity of 24-carat gold is priced at Rs 61,690.
Chennai Gold RateÂ
In Chennai, the value for 10 grams of 22-carat gold is Rs 57,000, and for a similar quantity of 24-carat gold, it’s Rs 62,180.
Check gold charges at present in numerous cities on November 19, 2023; (In Rs/10 grams)
| City | 22 Carat Gold Price | 24 Carat Gold Price |
| Mumbai | 56,550 | 61,690 |
| Gurugram | 56,700 | 61,790 |
| Kolkata | 56,550 | 61,690 |
| Lucknow | 56,700 | 61,790 |
| Bengaluru | 56,550 | 61,690 |
| Jaipur | 56,700 | 61,790 |
| Patna | 56,600 | 61,690 |
| Bhubaneshwar | 56,550 | 61,690 |
| Hyderabad | 56,550 | 61,690 |
Multi Commodity Exchange
On November 17, gold futures expiring on December 05, 2023, had been buying and selling at Rs 60,745 on the Multi Commodity Exchange. At the identical time, silver futures with the identical maturity date had been priced at Rs 73,161.
The retail value of gold is the quantity it’s offered 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 resulting from 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 value of gold primarily is dependent upon how a lot individuals need it and the way a lot is out there. If extra individuals need gold, the value normally goes up. But if there’s an excessive amount of gold out there, the value 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 properly or there’s a recession, traders usually select gold as a secure choice, inflicting its value to go up.
Political Instability: Political troubles also can have an effect on gold costs. When there’s uncertainty or a disaster in an necessary nation or area, traders would possibly select to guard their cash by investing in gold. This elevated demand could make the value of gold go up.
