Gold Price Today: On November 16, gold prices in India were around Rs 79,000 per 10 grams. The price of 24 carat gold, Known for its highest purity, was Rs 79,360 per 10 grams. For jewelry buyers, 22 carat goldWhich is more durable due to its alloy composition, was priced at Rs 72,750 per 10 grams.
Silver price today
On the other hand, silver is trading at Rs 94,000 per kg.
Gold Rate Today: Retail Gold Price on November 16
Check Gold Prices in Various Cities on November 16, 2024; (in Rs. 10/gram)
Retail Gold Price in India
What is the retail price of gold per gram?
Gold price per gram refers to the price of one gram of gold, usually denominated in a currency such as the Indian rupee. This price fluctuates daily depending on several factors including economic conditions, geopolitical events and supply-demand dynamics.
In India, the retail price of gold, the final price consumers pay, is more influenced by its market value. Various factors like import duties, taxes and currency exchange rates play an important role.
Gold has deep cultural significance in India, serving as a popular investment and playing a central role in weddings and festivals.
As market conditions evolve, investors and traders closely monitor these trends. Stay tuned for more updates.