Gold value at present in India on November 25: India is the most important importer of gold, which primarily caters to the demand of the jewelry trade. (Representative picture)
Gold price at present in India: Know retail gold value on November 25
Gold Rate Today In India: On November 25, 2023, the price of 10 grams of gold differs in numerous cities, however on common, it’s about Rs 62,000. Specifically, 10 grams of 24-carat gold price round Rs 61,970, whereas the identical quantity of 22-carat gold is valued at Rs 56,800. The present price for silver is Rs 76,200 per kilogram.
Gold price at present in India: Retail gold value on November 25
Delhi Gold RateÂ
In Delhi, folks must spend Rs 56,950 for 10 grams of twenty-two-carat gold and Rs 62,120 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 56,850, and the identical quantity of 24-carat gold is priced at Rs 62,020.
Chennai Gold RateÂ
In Chennai, the value for 10 grams of twenty-two-carat gold is Rs 57,300, and for a similar quantity of 24-carat gold, it’s Rs 62,500.
Check gold charges at present in numerous cities on November 25, 2023; (In Rs/10 grams)
City | 22 Carat Gold Price | 24 Carat Gold Price |
Mumbai | 56,800 | 61,970 |
Gurugram | 56,950 | 62,120 |
Kolkata | 56,800 | 61,970 |
Lucknow | 56,950 | 62,120 |
Bengaluru | 56,800 | 61,970 |
Jaipur | 56,950 | 62,120 |
Patna | 56,850 | 62,020 |
Bhubaneshwar | 56,800 | 61,970 |
Hyderabad | 56,800 | 61,970 |
Multi Commodity Exchange
On November 24, gold futures expiring on December 05, 2023, had been buying and selling at Rs 61,370 on the Multi Commodity Exchange. At the identical time, silver futures with the identical maturity date had been priced at Rs 73,915.
The retail value of gold is the quantity it’s bought to clients within the nation. This value is influenced by varied 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 resulting from its cultural significance, funding worth, and longstanding position in weddings and festivals.
Here are a number of components that may exert affect on the value of gold:
Supply and Demand: The value of gold primarily is dependent upon how a lot folks need it and the way a lot is on the market. If extra folks need gold, the value often goes up. But if there’s an excessive amount of gold out there, the value can go down.
Global Economic Conditions: The general world financial system additionally has a huge impact on gold costs. When the world financial system shouldn’t be doing properly or there’s a recession, buyers 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 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.