There was a rise in gold prices today on Thursday, check the latest rates of gold and silver before buying.
Business News Desk – The price of gold has increased today on 7th November. The price of 24 and 22 carat gold has increased by Rs 200. On Thursday, November 7, the price of gold is trading around Rs 80,400. At the same time, the rate of 22 carat gold remains at the level of Rs 73,700. Whereas, silver is at Rs 95,900. The price of silver has decreased today. Today’s gold prices across the country:
Gold price in Delhi, Noida, Ghaziabad, Lucknow, Jaipur
24 carat: ₹ 80,510 per 10 grams
22 carat: ₹ 73,810 per 10 grams
Gold price in Patna and Ahmedabad
24 carat: ₹ 80,410 per 10 grams
22 carat: ₹ 73,710 per 10 grams
Gold price in Bhubaneswar, Mumbai, Kolkata
24 carat: ₹ 80,360 per 10 grams
22 carat: ₹ 73,660 per 10 grams
Gold closed at this price on Wednesday
Due to weak global trend, the price of gold fell by Rs 150 to Rs 81,150 per 10 grams in the bullion market of the national capital Delhi on Wednesday. Gold prices were also affected due to weak demand. All India Bullion Association gave this information. Silver remained stable at Rs 96,700 per kg. On Monday, the price of 99.9 percent pure gold fell by Rs 150 to Rs 80,750 per 10 grams in the national capital. Earlier it had closed at Rs 80,900 per 10 grams.
How is the price of gold decided?
Gold prices across the country depend on many factors, including the condition of gold in the international market and currency exchange rates. When gold prices rise in the global market, it impacts the Indian market as well. Apart from this, the price of gold also increases due to increase in demand during the festive season.