Will Gold Rate Go Down Today? Check Price Trends In Your City On November 22 – News18

0
12
Will Gold Rate Go Down Today? Check Price Trends In Your City On November 22 – News18


(*22*)

Gold charge right this moment in India on November 22: India is the most important importer of gold, which primarily caters to the demand of the jewelry business. (Representative picture)

Gold charge right this moment: The retail value of gold is the quantity it is bought to prospects within the nation.

Gold Rate Today In India: On November 22, 2023, the price of 10 grams of gold differs in several cities, however on common, it’s about Rs 62,000. Specifically, 10 grams of 24-carat gold price round Rs 62,020, whereas the identical quantity of 22-carat gold is valued at Rs 56,850. The present charge for silver is Rs 76,000 per kilogram.

Gold charge right this moment in India: Retail gold value on November 22

Delhi Gold Rate 

In Delhi, individuals should spend Rs 57,000 for 10 grams of 22-carat gold and Rs 62,170 for a similar quantity of 24-carat gold.

Ahmedabad Gold Rate 

In Ahmedabad, the present price for 10 grams of 22-carat gold is Rs 56,900, and the identical quantity of 24-carat gold is priced at Rs 62,070.

Chennai Gold Rate 

In Chennai, the worth for 10 grams of 22-carat gold is Rs 57,300, and for a similar quantity of 24-carat gold, it’s Rs 62,510.

Check gold charges right this moment in several cities on November 22, 2023; (In Rs/10 grams)

City 22 Carat Gold Price 24 Carat Gold Price
Mumbai 56,850 62,020
Gurugram 57,000 62,170
Kolkata 56,850 62,020
Lucknow 57,000 62,170
Bengaluru 56,850 62,020
Jaipur 57,000 62,170
Patna 56,900 62,070
Bhubaneshwar 56,850 62,020
Hyderabad 56,850 62,020

Multi Commodity Exchange

On November 22, gold futures expiring on December 05, 2023, had been buying and selling at Rs 61,170 on the Multi Commodity Exchange. At the identical time, silver futures with the identical maturity date had been priced at Rs 73,277.

The retail value of gold is the quantity it’s bought to prospects within the nation. This value is influenced by numerous components, 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 as a consequence of its cultural significance, funding worth, and longstanding position in weddings and festivals.

Here are a number of components that may exert affect on the worth of gold:

Supply and Demand: The value of gold primarily depends upon how a lot individuals need it and the way a lot is out there. If extra individuals need gold, the worth normally goes up. But if there’s an excessive amount of gold out there, the worth can go down.

Global Economic Conditions: The general world economic system additionally has a huge impact on gold costs. When the world economic system will not be doing properly or there’s a recession, traders typically select gold as a secure choice, inflicting its value to go up.

Political Instability: Political troubles may 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 worth of gold go up.



Source hyperlink