Recent Gold Price: Exciting News! Significant drop in gold prices after record highs; see the most recent price for 10 grams

 Recent Gold Price: Exciting News! Significant drop in gold prices after record highs; see the most recent price for 10 grams

Recent Gold Price: Exciting News! Significant drop in gold prices after record highs; see the most recent price for 10 grams

December 6, 2023: The gold rate has dropped for the second day in a row after hitting an all-time high on Monday. Ten grams of gold now cost Rs 400 instead of Rs 350. The price of gold is now less than Rs 63,000.

December 6, 2023: The gold rate has dropped for the second day in a row after hitting an all-time high on Monday. Ten grams of gold now cost Rs 400 instead of Rs 350. Gold is now going for less than Rs 63,000. Chennai, a city in South India, has a gold price of Rs 63,440. On the other hand, gold is valued at Rs 62,8200 in Delhi NCR. Silver's price dropped as well today. Silver is now trading at Rs 78200 after surpassing the Rs 80,000 mark. Get the current gold price if you want to purchase any gold or diamond jewelry for your wedding.

The cost of gold on December 6, 2023

Delhi's gold rate

In Delhi, ten kilos of 22 carat gold cost Rs 57,600. Customers would pay Rs 62,820 for 10 grams for 24 carat.

Mumbai's Gold Rate

In other parts of the nation, 22 carat gold retails for Rs 57,450 in Ahmedabad, Gujarat, while 24 carat gold costs Rs 62,670 per 10 kg.

Chennai's Gold Rate

Ten grams of 22 carat gold cost Rs 58,150 in Chennai. Chennai, the capital of Tamil Nadu, retails 24 carat gold at Rs 63,440 per 10 kilos.

On December 6, 2023, the gold rate in the nation's major cities was as follows.

City's gold rate for 22 carats and 24 carats

Ahmedabad 62,720 57,500

Gurugram 62,820 57,600

52,670 Kolkata 57,450

Lucknow 63,820 57,600

51,450–62,670 Bangalore

Jaipur 62,820 57,600

Patna 56,500 62,720

57,450 Bhubaneswar 62,670

57,450–62,670 Hyderabad

Here's how the price of gold is determined.

The market's supply and demand for gold determine the price of the metal in considerable part. The rate will rise along with the demand for gold. The price of gold will drop as its supply grows. Global economic factors can have an impact on the price of gold. For instance, investors would turn to gold as a secure investment alternative if the global economy is underperforming. The price of gold will rise as a result.