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Gold Rate Today In India: Check 22 Carat Price In Your City On November 16

by Nigraan News Desk
November 16, 2024
in Business
0
Gold Futures Hit Record Rs 1.22 Lakh/10g On Global Worries, Dovish Fed Cues

Gold Futures Hit Record Rs 1.22 Lakh/10g On Global Worries, Dovish Fed Cues

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Gold Rate Today: On November 16, gold prices in India were around Rs 79,000 per 10 grams. The price of 24-carat gold, known for its highest purity, stood at Rs 75,770 per 10 grams. For jewellery buyers, 22-carat gold, which is more durable due to its alloy composition, was priced at Rs 69,460 per 10 grams.

Silver Rate Today

Silver, on the other hand, was trading at Rs 89,400 per kilogram.

 Today Gold Rate: Retail Gold Price On November 16

Check gold prices in different cities on November 16, 2024; (In Rs 10/gram)

City22 Carat Gold Rate Today24 Carat Gold Rate Today
Delhi69,61075,920
Mumbai69,46075,770
Ahmedabad69,51075,820
Chennai69,46075,770
Kolkata69,46075,770
Pune69,46075,770
Lucknow69,61075,920
Bengaluru69,46075,770
Jaipur69,61075,920
Patna69,51075,820
Bhubaneshwar69,46075,770
Hyderabad69,46075,770

Retail Cost of Gold in India

What Is The Retail Price Of Gold Per Gram?

Gold price per gram refers to the cost of a single gram of gold, typically expressed in a currency like Indian Rupees. This price fluctuates daily based on several factors, including economic conditions, geopolitical events, and supply-demand dynamics.

In India, the retail price of gold, the final cost consumers pay, is influenced by more than just its market value. Various factors, such as import duties, taxes, and currency exchange rates, play a significant role.

Gold holds deep cultural significance in India, serving as a popular investment and playing a central role in weddings and festivals.

As market conditions evolve, investors and traders closely monitor these trends. Stay tuned for further updates.

 

GABFIRE

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