Today’s Gold Prices in India: Check Out the Current Retail Gold Rates on November 05
Today’s Gold Prices in India: As of November 5th, the current rate for gold is approximately Rs 80,000 per 10 grams. Specifically, 24-carat gold, renowned for its exceptional purity, is valued at Rs 80,390 per 10 grams. In contrast, 22-carat gold, favored for its durability stemming from alloy components, is priced at Rs 73,690 per 10 grams, catering to buyers seeking quality jewelry.
Silver, conversely, had a market value of Rs 96,900 per kilogram.
Today’s Gold Price in India: Current Retail Gold Rates as of November 5th
Compare the cost of gold across various cities as of November 05, 2024, priced at Rs 10 per gram.
City | 22 Carat Gold Rate Today | 24 Carat Gold Rate Today |
Delhi | 73,790 | 80,540 |
Mumbai | 73,690 | 80,390 |
Ahmedabad | 73,740 | 80,440 |
Chennai | 73,690 | 80,390 |
Kolkata | 73,690 | 80,390 |
Pune | 73,690 | 80,390 |
Lucknow | 73,790 | 80,540 |
Bengaluru | 73,690 | 80,390 |
Jaipur | 73,790 | 80,540 |
Patna | 73,740 | 80,440 |
Bhubaneshwar | 73,690 | 80,390 |
Hyderabad | 73,690 | 80,390 |
Could you please let me know the current market value of gold per gram for retail purposes?
The price of gold per gram indicates the value of one gram of gold and is usually denoted in a specific currency, such as Indian Rupees. This rate varies daily due to various elements like economic circumstances, geopolitical occurrences, and supply-demand factors.
The retail price of gold in India is not solely determined by its market value; rather, it is influenced by a combination of factors including import duties, taxes, and currency exchange rates, all of which play a crucial role in shaping the final cost borne by consumers.
In India, gold carries significant cultural value, being a favored investment choice and holding a prominent position in traditional ceremonies and celebrations.
Explore the ever-changing market conditions as investors and traders diligently track these developments. Keep an eye out for upcoming updates.