If you also want to buy gold and silver, then good news has come for you today. Currently, prices are seen to fall during these business days. On today’s business day, while the price of gold has been seen (Today Gold Rate), silver prices have also seen a decline today.
On the fourth day of this business week i.e. on Thursday, gold fell by Rs 3,020 per 10 grams to Rs 98,390. Whereas on the last trading day i.e. Wednesday, the price of gold increased by Rs 10 per 10 grams to Rs 1,01,410 per 10 grams.
Know the price of today’s gold in your city
| City name | 22 carat gold price (₹) | 24 carat gold price (₹) |
| Ahmedabad | 90,100 | 98,290 |
| Mumbai | 98,340 | 1,00,900 |
| Chennai | 98,340 | 1,10,900 |
| Calcutta | 98,340 | 1,10,900 |
| Delhi | 98,490 | 1,00,900 |
How is the price of gold determined?
Gold prices in India continue to fluctuate due to several reasons, such as international market prices, government tax and dollar price fluctuations. Gold is not just an investment means. But it is also an important part of our traditions and festivals. Especially during weddings and festivals its demand increases.
How and why do gold prices change in India?
There is also a purchase and sale by central banks worldwide. Nowadays, the central bank of every country does not have complete storage capacity. Whenever this happens, gold prices fluctuate rapidly. In short, this demand comes from the country’s central banks. When the demand exceeds the expectation, gold prices are increased by the central banks. This has been seen many times and these prices increase to a great extent.
The Post Gold Price Today: The fall in gold prices declined, know today’s price first appeared on News India Live | Breaking India News, The Indian Headline, India Express News, Fast India News.
