Gold worth at the moment in India on November 15: India is the biggest importer of gold, which primarily caters to the demand of the jewelry business. (Representative picture)
Gold worth at the moment in India: In Ahmedabad, the present price for 10 grams of twenty-two-carat gold is Rs 55,600
Gold Rate Today In India: On November 15, 2023, the price of 10 grams of gold differs in several cities, however on common, it’s about Rs 61,000. Specifically, 10 grams of 24-carat gold price round Rs 60,600, whereas the identical quantity of 22-carat gold is valued at Rs 55,550. The present charge for silver is Rs 73,000 per kilogram.
Gold charge at the moment in India: Retail gold worth on November 15
Delhi Gold RateÂ
In Delhi, individuals must spend Rs 55,700 for 10 grams of twenty-two-carat gold and Rs 60,750 for a similar quantity of 24-carat gold.
Ahmedabad Gold RateÂ
In Ahmedabad, the present price for 10 grams of twenty-two-carat gold is Rs 55,600, and the identical quantity of 24-carat gold is priced at Rs 60,650.
Chennai Gold RateÂ
In Chennai, the value for 10 grams of twenty-two-carat gold is Rs 56,150, and for a similar quantity of 24-carat gold, it’s Rs 61,090.
Check gold charges at the moment in several cities on November 15, 2023; (In Rs/10 grams)
| City | 22 Carat Gold Price | 24 Carat Gold Price |
| Mumbai | 55,550 | 60,600 |
| Gurugram | 55,700 | 60,750 |
| Kolkata | 55,550 | 60,600 |
| Lucknow | 55,700 | 60,750 |
| Bengaluru | 55,550 | 60,600 |
| Jaipur | 55,700 | 60,750 |
| Patna | 55,600 | 60,650 |
| Bhubaneshwar | 55,550 | 60,600 |
| Hyderabad | 55,550 | 60,600 |
Multi Commodity Exchange
On November 14, gold futures expiring on December 05, 2023, have been buying and selling at Rs 59,850 on the Multi Commodity Exchange. At the identical time, silver futures with the identical maturity date have been priced at Rs 69,946.
The retail worth of gold is the quantity it’s bought to clients within the nation. This worth is influenced by varied 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 relies on how a lot individuals need it and the way a lot is out there. If extra individuals 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 general world economic system additionally has a huge impact on gold costs. When the world economic system isn’t doing effectively or there’s a recession, buyers typically select gold as a protected 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 vital 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.
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