Gold Prices Fall Below Rs 70,000 in India: Check 22 Carat Rates in Your City for November 15
Gold and Silver Rate Today in India, 15th November: For jewellery buyers, 22-carat gold, which is more durable due to its alloy composition, fell below the Rs 70,000 mark to Rs 69,490 per 10 grams.
Today Gold Rate: On November 15, gold prices in India stood at below Rs 76,000 per 10 grams. This is in line with the international bullion price trends. The price of 24-carat gold, known for its highest purity, on Friday fell to Rs 75,790 per 10 grams. For jewellery buyers, 22-carat gold, which is more durable due to its alloy composition, fell below the Rs 70,000 mark to Rs 69,490 per 10 grams.
Silver also declined by Rs 1,500 to Rs 89,400 per kilogram.
Gold Rate Today In India: Retail Gold Price On November 15
Check gold prices in different cities on November 15, 2024; (In Rs 10/gram)
City | 22 Carat Gold Rate Today | 24 Carat Gold Rate Today |
Delhi | 69,490 | 75,790 |
Mumbai | 69,340 | 75,640 |
Ahmedabad | 69,390 | 75,690 |
Chennai | 69,340 | 75,640 |
Kolkata | 69,340 | 75,640 |
Pune | 69,340 | 75,640 |
Lucknow | 70,990 | 77,500 |
Bengaluru | 69,340 | 75,640 |
Jaipur | 69,490 | 75,790 |
Patna | 69,390 | 75,690 |
Bhubaneshwar | 69,340 | 75,640 |
Hyderabad | 69,340 | 75,640 |
Understanding Gold Price Trends in India: Factors Influencing Market Rates and Consumer Costs
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.