Gold Rate Today: Gold and silver prices dipped again Wednesday after rising the previous day. Following this decrease, gold is currently selling for less than Rs. 5510 per 10 grams and silver is selling for less than Rs. 21400 per kg than it did at its peak.
You have a fantastic opportunity to get inexpensive gold in this scenario if you also want to purchase gold and silver before the start of the wedding season. Considering that silver and gold prices may both rise in the next days, according to analysts in the bullion industry.
Silver has decreased in price by Rs. 516 per kilogram, while gold has decreased in price by Rs. 1 per 10 grams today. Following this, the price of gold is Rs. 50690, and the price of silver is about Rs. 58532. Currently, silver costs around Rs. 21400 per kg and gold costs Rs. 5500 less per 10 grams than it did at its peak.
Also Read: Gold Price Today: Gold Remains 5500 Rupees Cheaper. Check Out Today’s Prices
Silver and gold on IBJA
The Indian Bullion Jewelers Association (IBJA) website reports that on Wednesday, the third day of current trading week, the price of ten grams of gold decreased by one rupee to Rs. 50690. (November 2). Gold prices increased by Rs 211 to Rs 211 per 10 grams on Tuesday, closing at Rs 50,691 per 10 grams.
The price of silver dropped by Rs 516 per kg today, to Rs 58532 per kg, at the same time. Silver increased Rs 2,698 on Tuesday, closing at Rs 59,048 per kilogram.
Silver and Gold Prices on the MCX
Today, gold and silver are also trading higher on the Multi Commodity Exchange (MCX), contrary to the Indian Bullion Jewellers Association (IBJA). The price of gold on the MCX has increased by Rs. 108 today, reaching Rs. 50,610. While silver is now worth Rs 58,871 after increasing by Rs 25.
Silver is down by Rs. 21400 and gold is down by Rs. 5500 from all-time highs.
Compared to its all-time high, gold is currently selling for roughly Rs. 5510 per 10 grams less. In August 2020, gold reached its highest point ever. At that point, the price of gold per 10 grams was Rs. 56,200.
Gold price from 14 to 24 carats
Accordingly, the current price of 24-carat gold is Rs. 50690 per 10 grams, while the prices for 23-carat, 22-carat, and 18-carat gold are each Rs. 50487 per 10 grams, Rs. 46432 per 10 grams, Rs 38,018 per 10 grams, and Rs 29654 per 10 grams, respectively.
Also Read: Gold Rate Today: Price of Gold Drops to Rs. 5738. Check Rates in Your City
Gold Price and Silver Price in major cities of the country
| City | 22K Gold | 24K Gold | Silver |
| Chennai | Rs. 47,300 | Rs. 51,600 | Rs. 64,500 |
| Mumbai | Rs. 46,850 | Rs. 51,110 | Rs. 58,900 |
| Delhi | Rs. 47,000 | Rs. 51,260 | Rs. 58,900 |
| Kolkata | Rs. 46,850 | Rs. 51,110 | Rs. 58,900 |
| Bangalore | Rs. 46,900 | Rs. 51,160 | Rs. 64,500 |
| Hyderabad | Rs. 46,850 | Rs. 51,110 | Rs. 64,500 |
| Ahmedabad | Rs. 46,900 | Rs. 51,160 | Rs. 58,900 |
| Surat | Rs. 46,900 | Rs. 51,160 | Rs. 58,900 |
| Nagpur | Rs. 46,880 | Rs. 51,140 | Rs. 58,900 |
| Pune | Rs. 46,880 | Rs. 51,140 | Rs. 58,300 |
| Bhubaneswar | Rs. 46,850 | Rs. 51,110 | Rs. 64,500 |
| Chandigarh | Rs. 47,000 | Rs. 51,260 | Rs. 58,900 |
| Jaipur | Rs. 47,000 | Rs. 51,260 | Rs. 58,900 |
| Lucknow | Rs. 47,000 | Rs. 51,260 | Rs. 58,900 |
| Patna | Rs. 46,880 | Rs. 51,140 | Rs. 58,900 |
Disclaimer: (This information is provided solely for informational purposes. It is important to note that investing in the market or a business idea involves market risks. Before investing money as an investor/ owner/ partner, always consult an expert. DNP News Network Private Limited never advises to invest money on stocks or any specific business idea. We will not be liable for any financial losses.)
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