Gold Rate Today: After an initial increase, the prices of gold has once more experienced a significant decline. Today, the prices of silver and gold declined on the market. Following this decline, gold is now selling for around Rs.5800 less per 10 grams than it did at its peak, while silver is now selling for Rs.22,300 per kg less.
If you also want to purchase gold and silver in this scenario before the start of the wedding season, you have a fantastic opportunity to do so. Because the bullion market specialists believe that a rise in the price of silver along with gold in the upcoming days is very likely.
Silver has decreased in price by Rs. 954 per kg, while gold has decreased in price by Rs. 423 per 10 grams today. Following this, gold has decreased to Rs. 50400 per 10 grams and silver has begun to trade around Rs. 57673 per kg. Silver is now about Rs. 22,300 per kg and gold is roughly Rs. 5800 per 10 grams less expensive than it was at its peak.
Also Read: Gold Price Today: Good News! Dip Of Rs.5300 In Yellow Metal This Wedding Season, Buy Now
Statuses of Gold and Silver on IBJA
The Indian Bullion Jewelers Association (IBJA) reports that on Thursday, November 3, gold decreased in price by Rs 423 per ten grams and opened at Rs 50401 per ten grams. In contrast, gold increased in price by Rs 133 per ten grams on Wednesday, closing at Rs. 50824 per 10 grams.
On the other hand, today’s silver opened at Rs. 57673 per kg and decreased by Rs. 954 per kg. Silver was cheaper by Rs.421 and concluded at Rs. 58627 per kilogram.
Silver and Gold Prices on the MCX
Today on the Multi Commodity Exchange (MCX), gold and silver are trading with a decline, much as the Indian Bullion Jewelers Association (IBJA). Gold has increased in price by Rs 298 today on the MCX, reaching a level of Rs 50,308 per 10 g. While silver has increased by Rs 823 in price to Rs 57,967 per kg.
Price of 14 to 24 carat gold
In this method, the current price of gold is Rs 50401 per 10 g for 24 carat gold, Rs 50200 per 10 g for 23 carat gold; Rs 46167 per 10 g for 22 carat gold; Rs 37801 per 10 g for 18 carat gold; and approx. 14 carat gold is currently retailing at Rs 29485 for every 10 g.
Also Read: Gold Rate Today: Now Buy 10 grams of Gold for Rs. 29,654. Check Rates in Your City
Gold Price and Silver Price in major cities of the country
| City | 22K Gold | 24K Gold | Silver |
| Chennai | Rs. 47,150 | Rs. 51,440 | Rs. 64,000 |
| Mumbai | Rs. 46,700 | Rs. 50,950 | Rs. 58,100 |
| Delhi | Rs. 46,850 | Rs. 51,100 | Rs. 58,100 |
| Kolkata | Rs. 46,700 | Rs. 50,950 | Rs. 58,100 |
| Bangalore | Rs. 46,750 | Rs. 51,000 | Rs. 64,000 |
| Hyderabad | Rs. 46,700 | Rs. 50,950 | Rs. 64,000 |
| Ahmedabad | Rs. 46,750 | Rs. 51,000 | Rs. 58,100 |
| Surat | Rs. 46,750 | Rs. 51,000 | Rs. 58,100 |
| Nagpur | Rs. 46,730 | Rs. 50,980 | Rs. 58,100 |
| Pune | Rs. 46,730 | Rs. 50,980 | Rs. 58,100 |
| Bhubaneswar | Rs. 46,700 | Rs. 50,950 | Rs. 64,000 |
| Chandigarh | Rs. 46,850 | Rs. 51,100 | Rs. 58,100 |
| Jaipur | Rs. 46,850 | Rs. 51,100 | Rs. 58,100 |
| Lucknow | Rs. 46,850 | Rs. 51,100 | Rs. 58,100 |
| Patna | Rs. 46,730 | Rs. 50,980 | Rs. 58,100 |
Disclaimer: (This information is provided solely for informational purposes. It is important to note that investing in the market or a business idea involves market risks. Before investing money as an investor/ owner/ partner, always consult an expert. DNP News Network Private Limited never advises to invest money on stocks or any specific business idea. We will not be liable for any financial losses.)
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