Gold value at present in India on October 25: India is the biggest importer of gold, which primarily caters to the demand of the jewelry trade. (Representative picture)
Gold fee at present: In Delhi, clients have to pay Rs 56,800 for 10 grams of twenty-two-carat gold and Rs 61,950 for the same amount of 24-carat gold.
Gold Rate Today In India: As of October twenty fifth, there are observable variations within the retail costs of 10 grams of gold in numerous cities, with a median round Rs 61,000. To present particulars, 10 grams of 24-carat gold is roughly Rs 61,800, and the same amount of 22-carat gold is valued at Rs 56,650. Additionally, the current fee for silver stands at Rs 74,600 per kilogram.
Retail gold fee in India: October 25
Delhi Gold RateÂ
In Delhi, clients have to pay Rs 56,800 for 10 grams of twenty-two-carat gold and Rs 61,950 for the same amount of 24-carat gold.
Ahmedabad Gold RateÂ
In Ahmedabad, the present retail value for 10 grams of twenty-two-carat gold is Rs 56,700, and the corresponding quantity of 24-carat gold is offered at Rs 61,850.
Chennai Gold RateÂ
In Chennai, the retail value for 10 grams of twenty-two-carat gold is Rs 56,550, and for the same amount of 24-carat gold, it’s Rs 61,690.
Check gold charges at present in numerous cities on October 25, 2023; (In Rs/10 grams)
| City | 22 Carat Gold Price | 24 Carat Gold Price |
| Mumbai | 56,650 | 61,800 |
| Gurugram | 56,800 | 61,950 |
| Kolkata | 56,650 | 61,800 |
| Lucknow | 56,800 | 61,950 |
| Bengaluru | 56,650 | 61,800 |
| Jaipur | 56,800 | 61,950 |
| Patna | 56,700 | 61,850 |
| Bhubaneshwar | 56,650 | 61,800 |
| Hyderabad | 56,650 | 61,800 |
Multi Commodity Exchange
As of October 25, gold futures expiring on December 05, 2023, had been being traded at Rs 60,501 on the Multi Commodity Exchange. Conversely, silver futures with the identical maturity date had been priced at Rs 71,759.
The retail price of gold is the quantity at which it’s vended to customers throughout the nation. This pricing is formed by numerous components, 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 elements that may exert affect on the value of gold:
Supply and Demand: The gold value is primarily decided by the dynamic interaction of provide and demand out there. An enhance 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 world financial panorama additionally exerts a considerable influence on gold costs. During intervals of world financial instability or recession, buyers usually flip to gold as a protected 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 might choose to safe their belongings 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 function in weddings and festivals.
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