Gold Price – Big jump in the price of Gold, know latest rates here
Gold Rate Today: Today, on the first day of the week, there has been a slight increase in the price of gold. If we compare the price of gold with last week’s closing price, then the rate of gold has increased by Rs 120 to 150 per 10 grams. Gold price is trading below Rs 60,000 in most cities of the country.
Gold Rate Today: Today, on the first day of the week, there has been a slight increase in the price of gold. If we compare the price of gold with last week’s closing price, then the rate of gold has increased by Rs 120 to 150 per 10 grams. The price of gold is trading below Rs 60,000 in most of the cities of the country. However, in Jaipur, Patna and South Indian cities of the country, the gold rate of 10 grams of 24 carat is trading above Rs 60,000. The rate of one kg silver is trading at Rs 75,800. There has also been an increase of Rs 300 in comparison to last week’s closing price.
Gold price on 25 September 2023
Gold rate in Delhi
The price of 22 carat gold in Delhi was Rs 55,100 per 10 grams. For 24 carat, customers will have to pay Rs 60,100 per 10 grams.
Gold rate in Ahmedabad
Talking about other cities of the country, the retail price of 22 carat gold in Ahmedabad, Gujarat is Rs 55,000 and the price of 24 carat gold is Rs 60,000 per 10 grams.
Gold rate in Chennai
In Chennai, 22 carat gold was Rs 55,210 per 10 grams. The retail price of 24 carat gold in Chennai, the capital of Tamil Nadu, is Rs 60,230 per 10 grams.
This was the gold rate in big cities of the country on 25 September 2023
City | Price of 22 carat 10 gram gold in rupees | Price of 24 carat 10 gram gold in rupees |
Mumbai | 54,950 | 59,950 |
Gurugram | 55,100 | 60,100 |
Kolkata | 54,950 | 59,950 |
Lucknow | 55,100 | 60,100 |
Bangalore | 54,950 | 59,950 |
Jaipur | 55,100 | 60,100 |
Patna | 55,000 | 60,000 |
Bhubaneswar | 54,950 | 59,950 |
Hyderabad | 54,950 | 59,950 |
How are gold prices decided?
The price of gold is largely decided on the basis of demand and supply of gold in the market. If the demand for gold increases, the rate will also increase. If the supply of gold increases, the price will decrease. The price of gold is also affected by global economic conditions. For example, if the international economy is performing poorly, investors will look to gold as a safe investment option. This will increase the price of gold.