Gold Price Today: Gold and silver prices are seeing daily changes during the wedding season. Both gold and silver prices continue to fluctuate. There’s some good news for those buying gold and silver during the wedding season. Gold and silver prices fell in early November, just before the wedding season began. The price of gold and silver declined on November 17th. According to the India Bullion and Jewellers Association (IBJA), gold fell by ₹2,080 to ₹1,22,714 per 10 grams. Previously, the price of gold was ₹1,24,794 per 10 grams. Silver prices fell by ₹5,237 to ₹1,54,130 per kilogram. Previously, it was ₹1,59,367 per kilogram. If you’re considering buying gold jewellery, you have a great opportunity.
In India, buying gold and silver for weddings and special occasions has been a long-standing tradition. Investors also consider it a safe bet. You can take advantage of falling prices to purchase at a lower price. The question now arises: will gold and silver prices fall in the coming days?
How are gold rates determined in India?
Gold prices in international markets—such as the COMEX and the LBMA—have the most significant impact.
Rupee-Dollar exchange rate—When the rupee weakens, gold becomes more expensive.
Demand-Supply—During the festive and wedding season, demand increases rapidly, leading to higher prices.
The wedding season is currently underway, and gold is steadily falling in price. Therefore, this is considered an excellent time to buy.
Gold prices in Delhi (per 10 grams)
24 carat – ₹1,25,120
22 carat – ₹1,14,700
18 carat – ₹93,880
Gold prices in Mumbai (per 10 grams)
24 carat – ₹1,24,970
22 carat – ₹1,14,550
18 carat – ₹93,730
Gold prices in Chennai (per 10 grams)
24 carat – ₹1,25,890
22 carat – ₹1,15,400
18 carat – ₹96,250
Gold prices in Kolkata (per 10 grams)
24 carat – ₹1,24,970
22 carat – ₹1,14,550
18 Carat – ₹93,730
Gold prices in Ahmedabad (per 10 grams)
24 carat – ₹1,25,020
22 carat – ₹1,14,600
18 carat – ₹93,780
Gold prices in Lucknow (per 10 grams)
24 carat – ₹1,25,120
22 carat – ₹1,14,700
18 carat – ₹93,880
Gold prices in Patna (per 10 grams)
24 carat – ₹1,25,020
22 carat – ₹1,14,600
18 carat – ₹93,780