Recent Gold Price: Exciting News! Today, gold prices increased once again. Verify the current price before making a purchase

Recent Gold Price: Exciting News! Today, gold prices increased once again. Verify the current price before making a purchase

Recent Gold Price: Exciting News! Today, gold prices increased once again. Verify the current price before making a purchase

Tuesday saw an increase in the price of gold on the nation's bullion market. The price of gold is now trading over Rs 63,000 in most places. The price of 24 carat gold is now selling over Rs 63,590 in Delhi-NCR. In Chennai, the price of gold has surpassed Rs 64,000.

Gold Rate 16 January 2024: On Tuesday, the nation's bullion market saw a spike in the price of gold. The price of gold is now trading over Rs 63,000 in most places. The price of 24 carat gold is now selling over Rs 63,590 in Delhi-NCR. In Chennai, the price of gold has surpassed Rs 64,000. Silver is now trading at Rs 76,500. Get the most recent gold rate here.

The gold rate in Delhi today

In Delhi, ten kilos of 22 carat gold cost Rs 58,300. Customers would pay Rs 63,590 for 10 grams for 24 carat.

Mumbai's gold exchange rate today

In Mumbai, the retail cost of 22 carat gold is Rs 58,150, while the cost of 24 carat gold per 10 kg is Rs 63,440.

The gold rate in Chennai today

Ten grams of 22 carat gold cost Rs 58,700 in Chennai. The retail price of 24 carat gold in Chennai, the capital of Tamil Nadu, is Rs 64,040 per 10 kilos.

This was the price of gold in the nation's major cities on January 16, 2024.

City's gold rate for 22 carats and 24 carats

Ahmedabad 63,490, 58,200

Gurugram 63,480 58,200

Kolkata 63,440 58,150

Lucknow 63,590, 58,300

Bangalore 63,440 58,150

Jaipur 63,590, 58,300

Patna 58,200, 63,490

53,440 Bhubaneswar 58,150

Bangalore 58,150 63,440

 

These factors determine the price of gold.

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.