Gold Rate Today: The price of gold is continuously falling. Today, the first day of the week, gold prices have decreased. In Delhi NCR, the rate of 24 carat 10 gram gold is trading at Rs 60,640. The rate of silver is at Rs 72,400. The price of gold has decreased by Rs 300 to Rs 500 compared to last Friday.
Gold price on 13 November 2023
Gold rate in Delhi
The price of 22 carat gold in Delhi was Rs 55,600 per 10 grams. For 24 carat, customers will have to pay Rs 60,640 per 10 grams.
Gold rate in Ahmedabad
Talking about other cities of the country, the retail price of 22 carat gold in Ahmedabad, Gujarat is Rs 55,500 and the price of 24 carat gold is Rs 60,540 per 10 grams.
Gold rate in Chennai
In Chennai, 22 carat gold was Rs 56,900 per 10 grams. The retail price of 24 carat gold in Chennai, the capital of Tamil Nadu, is Rs 60,980 per 10 grams.
This was the gold rate in big cities of the country on 13 November 2023Â
City | 22 carat gold rate | 24 carat gold rate |
Mumbai | 55,450 | 60,490 |
Gurugram | 55,600 | 60,640 |
Kolkata | 55,450 | 60,490 |
Lucknow | 55,600 | 60,640 |
Bangalore | 55,450 | 60,490 |
Jaipur | 55,600 | 60,640 |
Patna | 55,500 | 60,540 |
Bhubaneswar | 55,450 | 60,490 |
Hyderabad | 55,450 | 60,490 |
This is how gold prices are decided
The price of gold is largely decided on the basis of demand and supply of gold in the market. If the demand for gold increases, the rate will also increase. If the supply of gold increases, the price will decrease. The price of gold is also affected by global economic conditions. For example, if the international economy is performing poorly, investors will look to gold as a safe investment option. This will increase the price of gold.