New Delhi: The Indian bullion market brought good news for consumers. Gold prices have been steadily falling since Dhanteras, offering some relief. This is a great opportunity for gold buyers to buy, as such opportunities don’t come around often. Gold is selling at significantly lower prices than its highs. October 31st was a significant day for 24-carat gold.
Key Takeaways
Quick Read- Gold Rates in These Metro Cities
- Price in Delhi
- What is the rate in Mumbai?
- Gold Rate in Ahmedabad
The morning gold rate was recorded at ₹121,620 per 10 grams. Following the Federal Reserve’s slow pace of interest rate cuts and the easing of US-China trade tensions, the dollar’s strength has led to a decline in gold prices. If you have a family wedding coming up, delaying your gold purchase could be a loss-making proposition.
Gold Rates in These Metro Cities
Price in Delhi
The price of 22-carat gold in the capital, Delhi, is recorded at ₹111,490 per 10 grams. Here, the rate of 24-carat gold is trending at ₹121,620 per ten grams.
What is the rate in Mumbai?
In the capital city of Delhi, the rate of 22-carat gold is being recorded at ₹111,340 per ten grams. Here, 24-carat gold is being sold at ₹121,470 per ten grams.
Gold Rate in Ahmedabad
In Ahmedabad, Gujarat, 22-carat gold is being sold at ₹110,490 per ten grams. Here, the rate of 24-carat gold is being recorded at ₹121,520 per tola.
Gold Price in Chennai
In Chennai, the capital of Tamil Nadu, the rate of 22-carat gold is ₹111,340 per ten grams, while the price of 24-carat gold is trending at ₹121,470 per ten grams.
Gold Rate in Kolkata
In Kolkata, the capital of West Bengal, the price of 22-carat gold is trending at ₹111,340 per ten grams, and 22-carat gold is trending at ₹121,470 per ten grams.
Gold Rate in Hyderabad
In Hyderabad, the price of 22-carat gold is trending at ₹111,340, and 24-carat gold is trending at ₹121,470 per ten grams.
Silver Rate
For information, silver prices have also seen a decline along with gold. On the morning of October 31st, the silver rate is trending at ₹150,900 per kilogram. Additionally, the spot price of silver in foreign markets rose by 1.21 per cent to $48.14 per ounce. According to experts, gold prices may see further declines in the coming days.
