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Gold Rate Today In India: Know Retail Gold Price On November 16
Gold Rate Today In India On November 16, 2024
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)
| City | 22 Carat Gold Rate Today | 24 Carat Gold Rate Today |
| Delhi | 69,610 | 75,920 |
| Mumbai | 69,460 | 75,770 |
| Ahmedabad | 69,510 | 75,820 |
| Chennai | 69,460 | 75,770 |
| Kolkata | 69,460 | 75,770 |
| Pune | 69,460 | 75,770 |
| Lucknow | 69,610 | 75,920 |
| Bengaluru | 69,460 | 75,770 |
| Jaipur | 69,610 | 75,920 |
| Patna | 69,510 | 75,820 |
| Bhubaneshwar | 69,460 | 75,770 |
| Hyderabad | 69,460 | 75,770 |
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.