Gold Rate Today: The price of gold has seen an increase on a weekly basis. The price of 24 carat gold has increased by Rs 3920 in a week. The price in the capital Delhi is now at Rs 119550 per 10 grams. Talking about 22 carat gold, it has become expensive by Rs 3600 in a week. Festive demand inside India, disappointment of domestic stock markets, the US central bank Federal Reserve hoped to further cut interest rates, the US shutdown and weak dollars boosted gold prices.
But now the speed of purchase of gold due to profit booking and recovery in dollars has slowed down a bit. What is the latest gold rate in 10 big cities of the country, let’s know …
Price in Delhi
The price of 24 carat gold in Delhi is Rs 119550 per 10 grams. The price of 22 carat is Rs 109600 per 10 grams.
Mumbai, Chennai and Kolkata
Currently in Mumbai, Chennai and Kolkata, 22 carat gold is priced at Rs 108640 per 10 grams, while 24 carat gold is priced at Rs 119400 per 10 grams.
Prices in Jaipur, Lucknow and Chandigarh
The price of 24 carat gold in these cities is Rs 119550 per 10 grams. The price of 22 carat is Rs 109600 per 10 grams.
Prices in Bhopal and Ahmedabad
In Ahmedabad and Bhopal, 22 carat gold retail price is running 109500 rupees per 10 grams. The price of 24 carat gold is at Rs 119450 per 10 grams.
Bhava in Hyderabad
In Hyderabad, 22 carat gold is priced at Rs 108640 per 10 grams, 24 carat gold is priced at Rs 119400 per 10 grams.
Silver price
Talking about the second precious metal silver, its price has increased by Rs 6000 in a week. Silver is at Rs 155000 per kg on 5 October. Silver overtook gold in September in terms of prices hike. Last month, the price of silver rose 19.4 percent, while the price of gold increased by 13 percent during this period. Silver is not only a good option for investment, as well as its industrial demand. Industrial consumption in total demand is 60–70 percent.