Gold price immediately: In Chennai, the retail value for 10 grams of twenty-two-carat gold is Rs 57,350. (Representative picture)
Gold price immediately: The retail value of gold is the quantity at which it’s vended to shoppers throughout the nation.
Gold Rate Today In India: As of October thirtieth, variations within the retail costs of 10 grams of gold might be noticed throughout totally different cities, averaging round Rs 62,000. Specifically, 10 grams of 24-carat gold is priced at roughly Rs 62,400, whereas an equal amount of 22-carat gold is valued at Rs 57,200. Furthermore, the present price for silver is Rs 75,600 per kilogram.
Retail gold price in India: October 30
Delhi Gold RateÂ
In Delhi, prospects must pay Rs 57,350 for 10 grams of twenty-two-carat gold and Rs 62,550 for an identical quantity of 24-carat gold.
Ahmedabad Gold RateÂ
In Ahmedabad, the present retail value for 10 grams of twenty-two-carat gold is Rs 57,250, and the corresponding quantity of 24-carat gold is out there at Rs 62,450.
Chennai Gold RateÂ
In Chennai, the retail value for 10 grams of twenty-two-carat gold is Rs 57,350, and for an identical quantity of 24-carat gold, it’s Rs 62,560.
Check gold charges immediately in several cities on October 30, 2023; (In Rs/10 grams)
| City | 22 Carat Gold Price | 24 Carat Gold Price |
| Mumbai | 57,200 | 62,400 |
| Gurugram | 57,350 | 62,550 |
| Kolkata | 57,200 | 62,400 |
| Lucknow | 57,350 | 62,550 |
| Bengaluru | 57,200 | 62,400 |
| Jaipur | 57,350 | 62,550 |
| Patna | 57,250 | 62,450 |
| Bhubaneshwar | 57,200 | 62,400 |
| Hyderabad | 57,200 | 62,400 |
Multi Commodity Exchange
As of October 30, gold futures expiring on December 05, 2023, have been being traded at Rs 61,330 on the Multi Commodity Exchange. Conversely, silver futures with the identical maturity date have been priced at Rs 72,252.
The retail value of gold is the quantity at which it’s vended to shoppers throughout the nation. This pricing is formed by various parts, encompassing the worldwide gold value, the Rupee’s worth, and the prices linked to labour and supplies employed within the manufacturing of gold jewelry.
Here are a number of components that may exert affect on the worth of gold:
Supply and Demand: The gold value is primarily decided by the dynamic interaction of provide and demand out there. An improve in demand sometimes results in an increase in value, whereas a surplus within the provide of gold can drive costs down.
Global Economic Conditions: The broader international financial panorama additionally exerts a considerable impression on gold costs. During durations of worldwide financial instability or recession, buyers typically flip to gold as a secure haven, inflicting its value to extend.
Political Instability: Furthermore, political instability can have a notable impact on gold costs. When there may be political turmoil or disaster in a major nation or area, buyers could choose to safe their property by investing in gold as a hedge towards uncertainty. This heightened demand can lead to an uptick within the value of gold.
Gold carries immense significance in India owing to its cultural significance, funding worth, and conventional position in weddings and festivals.
