Gold Rate Today: The trend of increasing gold prices continues in the country. The price has increased for the fourth consecutive day on October 9. In the national capital Delhi, the price of 24 carat gold has increased to Rs 124090 per 10 grams. Demand for gold has increased in the country due to the festive season. A huge rise in prices is expected on Dhanteras and Diwali. Talking about global factors, the US government shutdown and expectations of further interest rate cuts by the Federal Reserve are giving a boost to gold.
As interest rates rise, the price of gold falls because higher interest rates make investments in bonds more attractive. When interest rates fall, investors increase investment in gold, which is considered a safe asset. Let us know what is the latest price of gold in 10 big cities of the country…
price in delhi
The price of 24 carat gold in Delhi is Rs 124090 per 10 grams. The price of 22 carat is Rs 113760 per 10 grams.
Mumbai, Chennai and Kolkata
Currently, the price of 22 carat gold in Mumbai, Chennai and Kolkata is Rs 113610 per 10 grams, while the price of 24 carat gold is Rs 123940 per 10 grams.
Price in Jaipur, Lucknow and Chandigarh
The price of 24 carat gold in these cities is Rs 124090 per 10 grams. The price of 22 carat is Rs 113760 per 10 grams.
Price in Bhopal and Ahmedabad
The retail price of 22 carat gold in Ahmedabad and Bhopal is Rs 113660 per 10 grams. The price of 24 carat gold is at Rs 123990 per 10 grams.
price in hyderabad
In Hyderabad, the price of 22 carat gold is Rs 113610 per 10 grams, while the price of 24 carat gold is Rs 123940 per 10 grams.
price of silver
If we talk about other precious metal silver, its price has also increased. On October 6, silver has increased to Rs 1,60,100 per kg. Silver overtook gold in terms of price rise in September. Last month, the price of silver increased by 19.4 percent, while the price of gold increased by 13 percent during this period.