Gold Price Today: The continuous rise in gold prices was halted today. There was a slight decline in the price of gold. However, the price of silver also rose today. On October 23, the price of gold has fallen by up to Rs 100 per 10 grams
Gold Price Today: The continuous rise in gold prices was halted today. There was a slight decline in the price of gold. However, the price of silver also rose today. On October 23, the price of gold has fallen by Rs 100 per 10 grams.
Today, the price of 24 carat gold in major cities of North India including Delhi, Noida, Ghaziabad, Lucknow and Jaipur is around Rs 79,700. At the same time, the rate of 22 carat gold is at the level of Rs 72,900. At the same time, silver is trading at Rs 1,02,100. Know here whether gold will become cheaper by Diwali.
Today’s gold rates across the country:
Gold Rate in Delhi, Noida, Ghaziabad, Lucknow, Jaipur
24 carat: ₹79,780 per 10 grams
22 carat: ₹73,140 per 10 grams
Gold Rate in Patna and Ahmedabad
24 carat: ₹79,680 per 10 grams
22 carat: ₹73,040 per 10 grams
Gold Rate in Bhubaneshwar, Mumbai, Kolkata
24 carat: ₹79,630 per 10 grams
22 carat: ₹72,990 per 10 grams
The price of one kilogram of silver has crossed Rs 1,00,00
Today, Wednesday, the rate of one kilogram of silver has crossed Rs 1,02,100. The price of silver remained high today as well. Yesterday, the price of silver crossed the price of one lakh rupees per kilogram with a jump of Rs 1,500. This information has been given by the All India Sarafa Association.
The price of silver continued to rise for the fifth consecutive day and it reached a new record level of Rs 1.01 lakh per kilogram with a jump of Rs 1,500. On Friday, the price of silver closed at Rs 99,500 per kilogram. On Tuesday, gold reached a new record level of Rs 81,000 per 10 grams with a jump of Rs 350 in the bullion market of the National Capital Delhi.
Gold rate on 23 October
| City | 22 carat gold rate today | 24 carat gold rate today |
| Delhi | 73,140 | 79,780 |
| Mumbai | 72,990 | 79,630 |
| Ahmedabad | 73,040 | 79,680 |
| Chennai | 72,990 | 79,630 |
| Kolkata | 72,990 | 79,630 |
| Gurgaon | 73,140 | 79,780 |
| Lucknow | 73,140 | 79,780 |
| Bangalore | 72,990 | 79,630 |
| Jaipur | 73,140 | 79,780 |
| Patna | 73,040 | 79,680 |
| Bhubaneswar | 72,990 | 79,630 |
| Hyderabad | 72,990 | 79,630 |
Why is the price of gold and silver increasing?
The main reason for the ongoing rise in silver is industrial demand. Apart from this, the rise has also been caused by the increased demand for jewelry and silver utensils. Apart from this, gold of 99.5 percent purity rose by Rs 350 to a new record level of Rs 80,600 per 10 grams. Bullion market traders and jewelers are attributing the rise in gold prices to the increase in purchases by local jewelry sellers to meet the increased demand during the festive and wedding season.
How is the price of gold decided?
Gold prices across the country depend on many factors, including the status of gold in the international market and currency exchange rates. When gold prices rise in the global market, it also affects the Indian market. Apart from this, the increasing demand during the festive season also increases the prices of gold.