Gold Rate Today: There was a rise in the price of gold today. Today the rate of 24 carat gold in Chennai stood at Rs 63,820. Gold rate in Delhi NCR is trading at Rs 63,100. The rate of silver is only Rs 79,500. Wedding season has started in the country and due to increasing demand, gold prices have started rising.
Gold Rate Today: There was a rise in the price of gold today. Today the rate of 24 carat gold in Chennai stood at Rs 63,820. Gold rate in Delhi NCR is trading at Rs 63,100. The rate of silver is only Rs 79,500. The wedding season has started in the country and due to increasing demand, gold prices have started rising.
Gold price on December 1, 2023
Gold rate in Delhi
The price of 22 carat gold in Delhi was Rs 57,850 per 10 grams. For 24 carat, customers will have to pay Rs 63,100 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 57,750 and the price of 24 carat gold is Rs 63,000 per 10 grams.
Gold rate in Chennai
In Chennai, 22 carat gold was Rs 58,500 per 10 grams. The retail price of 24 carat gold in Chennai, the capital of Tamil Nadu, is Rs 63,820 per 10 grams.
This will be the gold rate in big cities of the country on December 1, 2023
| City | 22 carat gold rate | 24 carat gold rate |
| Mumbai | 58,700 | 63,820 |
| Gurugram | 57,850 | 62,950 |
| Kolkata | 57,700 | 62,950 |
| Lucknow | 57,850 | 63,100 |
| Bangalore | 57,700 | 62,950 |
| Jaipur | 57,850 | 63,100 |
| Patna | 57,650 | 63,000 |
| Bhubaneswar | 57,700 | 62,950 |
| Hyderabad | 57,700 | 62,950 |
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.
