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Is Gold Rate Higher Today In India! Check 24 Carat Price In Your City On October 25

 

Is Gold Rate Higher Today In India! Check 24 Carat Price In Your City On October 25




Gold Rate Today In India: As of October 25th, there are observable variations in the retail prices of 10 grams of gold in different cities, with an average around Rs 61,000. To provide details, 10 grams of 24-carat gold is approximately Rs 61,800, and the same quantity of 22-carat gold is valued at Rs 56,650. Additionally, the present rate for silver stands at Rs 74,600 per kilogram.

Retail gold rate in India: October 25

Delhi Gold Rate 

In Delhi, customers need to pay Rs 56,800 for 10 grams of 22-carat gold and Rs 61,950 for the same quantity of 24-carat gold.

Ahmedabad Gold Rate 

In Ahmedabad, the current retail price for 10 grams of 22-carat gold is Rs 56,700, and the corresponding amount of 24-carat gold is available at Rs 61,850.

Chennai Gold Rate 

In Chennai, the retail price for 10 grams of 22-carat gold is Rs 56,550, and for the same quantity of 24-carat gold, it is Rs 61,690.

Multi Commodity Exchange

As of October 25, gold futures expiring on December 05, 2023, were being traded at Rs 60,501 on the Multi Commodity Exchange. Conversely, silver futures with the same maturity date were priced at Rs 71,759.

The retail cost of gold is the amount at which it is vended to consumers within the nation. This pricing is shaped by diverse elements, encompassing the worldwide gold price, the Rupee’s value, and the costs linked to labour and materials employed in the production of gold jewellery.

Here are several factors that can exert influence on the price of gold:

Supply and Demand: The gold price is primarily determined by the dynamic interplay of supply and demand in the market. An increase in demand typically leads to a rise in price, while a surplus in the supply of gold can drive prices down.


October 25, 2023 Date

Check gold rates today in different cities on October 25, 2023; (In Rs/10 grams)

CITY22 CARAT GOLD PRICE24 CARAT GOLD PRICE
Mumbai56,65061,800
Gurugram56,80061,950
Kolkata56,65061,800
Lucknow56,80061,950
Bengaluru56,65061,800
Jaipur56,80061,950
Patna56,70061,850
Bhubaneshwar56,65061,800
Hyderabad56,65061,800

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