Today’s Gold Price: After rising for a day, silver’s price once more rose alongside gold’s. Following this decline, gold is now selling for roughly Rs. 5510 per 10 grammes and silver is selling for about Rs. 21,400 per kg, both prices below their all-time highs.
If you also want to purchase gold and silver in this scenario before the start of the wedding season, you have a fantastic opportunity to do so. Because the bullion market specialists believe that a rise in the price of silver along with gold in the upcoming days is highly likely.
Today, silver plummeted by Rs 516 per kilogramme, while gold became cheaper by Re 1 per 10 kilos. Then, gold is selling for roughly Rs. 50690 and silver is selling for about Rs. 58532. Silver is currently at Rs 21,400 per kg and gold is currently Rs 5500 per 10 grammes lower than it was at its peak.
Status of Gold and Silver on IBJA
The Indian Bullion Jewelers Association (IBJA) reports that on Wednesday, November 2, the third trading day of this trading week, gold decreased by Re 1 per ten grammes and opened at Rs 50,690 per ten grammes. In contrast, gold increased in price by Rs 211 per ten grammes on Tuesday’s final trading day, closing at Rs 50691 per gramme.
On the other hand, today’s silver (Silver Price Update) began at Rs. 58532 per kg, down Rs. 516 from yesterday. In contrast, silver increased in price by Rs. 2698 on Tuesday’s final trading day, closing at Rs. 59048 per kg.
Silver and Gold Prices on the MCX
Gold and silver are currently traded on the Multi Commodity Exchange (MCX), in contrast to the Indian Bullion Jewelers Association (IBJA). Gold is now costing Rs 108 more on the MCX at a level of Rs 50,610. While silver is now worth Rs 58,871 after increasing by Rs 25.
From all-time highs, gold 5500 and silver 21400 are becoming cheaper
Compared to its all-time high, gold is currently selling for roughly Rs 5510 per 10 grammes less. August 2020 became the highest point in gold’s history. At that time, the price of gold had increased to Rs 56,200 for 10 kilos. Silver was also depreciating at a pace of approximately Rs 21448 per kilogramme from its peak. Silver is now priced at Rs. 79980 per kilogramme. In such a scenario, people who intend to purchase gold or silver may find that this presents a favourable time to do so.
Price of 14 to 24 carat gold
Accordingly, the current price for 10 grammes of 24 carat gold is Rs. 50690, for 10 grammes of 23 carat gold, Rs. 50487, for 10 grammes of 22 carat gold, Rs. 46432, for 10 grammes of 18 carat gold, Rs. 38018, and for 10 kilos of 14 carat gold, approx. Rs. 29654.
Conditions for gold and silver on the global market
Gold and silver are currently trading with a bullish trend on the worldwide market, in contrast to the Indian bullion market. The price of gold is rising quickly on the global market. Gold is currently trading at $1,650.31 per ounce in the US, up $3.43. Silver, on the other hand, is currently trading at $ 19.66 per ounce with a gain of $0.03.
Gold, Silver Price in Major Cities
Delhi: Gold, Silver Price
22ct Gold : Rs. 47000, 24ct Gold : Rs. 51260, Silver Price : Rs. 58900
Mumbai: Gold, Silver Price
22ct Gold : Rs. 46850, 24ct Gold : Rs. 51110, Silver Price : Rs. 58900
Kolkata: Gold, Silver Price
22ct Gold : Rs. 46850, 24ct Gold : Rs. 51110, Silver Price : Rs. 58900
Chennai: Gold, Silver Price
22ct Gold : Rs. 47300, 24ct Gold : Rs. 51600, Silver Price : Rs. 64500
Hyderabad: Gold, Silver Price
22ct Gold : Rs. 46850, 24ct Gold : Rs. 51110, Silver Price : Rs. 64500
Bangalore: Gold, Silver Price
22ct Gold : Rs. 46900, 24ct Gold : Rs. 51160, Silver Price : Rs. 64500
Mangalore: Gold, Silver Price
22ct Gold : Rs. 46900, 24ct Gold : Rs. 51160, Silver Price : Rs. 64500
Ahmedabad: Gold, Silver Price
22ct Gold : Rs. 46900, 24ct Gold : Rs. 51160, Silver Price : Rs. 58900
Surat: Gold, Silver Price
22ct Gold : Rs. 46900, 24ct Gold : Rs. 51160, Silver Price : Rs. 58900
Nagpur: Gold, Silver Price
22ct Gold : Rs. 46880, 24ct Gold : Rs. 51140, Silver Price : Rs. 58900
Pune: Gold, Silver Price
22ct Gold : Rs. 46880, 24ct Gold : Rs. 51140, Silver Price : Rs. 58900
Bhubaneswar: Gold, Silver Price
22ct Gold : Rs. 46850, 24ct Gold : Rs. 51110, Silver Price : Rs. 64500
Chandigarh: Gold, Silver Price
22ct Gold : Rs. 47000, 24ct Gold : Rs. 51260, Silver Price : Rs. 58900
Bhopal: Gold, Silver Price
22ct Gold : Rs. 47300, 24ct Gold : Rs. 49700, Silver Price : Rs. 64500
Indore: Gold, Silver Price
22ct Gold : Rs. 47300, 24ct Gold : Rs. 49700, Silver Price : Rs. 64500
Jaipur: Gold, Silver Price
22ct Gold : Rs. 47000, 24ct Gold : Rs. 51260, Silver Price : Rs. 58900
Lucknow: Gold, Silver Price
22ct Gold : Rs. 47000, 24ct Gold : Rs. 51260, Silver Price : Rs. 58900
Patna: Gold, Silver Price
22ct Gold : Rs. 46880, 24ct Gold : Rs. 51140, Silver Price : Rs. 58900
The post Gold Price Today November 2: Now, pay Rs 29,654 only to buy 10 grams of gold! Isn’t Golden time? appeared first on News24 English.
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