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November 2, Gold Rate Update: See The Most Recent Trend In India, Get Price Information In Your City

<p>As of November 02, 2023, retail rates for 10 grams of gold vary from city to city and average around Rs 62,000. In instance, 10 grams of 24 carat gold costs around Rs 61,640, but the same amount of 22 carat gold is about Rs 56,500. In addition, the current price per kilogram of silver is Rs 74,800.<img decoding=”async” class=”alignnone wp-image-263763″ src=”https://www.theindiaprint.com/wp-content/uploads/2023/11/theindiaprint.com-november-2-gold-rate-update-see-the-most-recent-trend-in-india-get-price-informati.jpg” alt=”theindiaprint.com november 2 gold rate update see the most recent trend in india get price informati” width=”1071″ height=”713″ srcset=”https://www.theindiaprint.com/wp-content/uploads/2023/11/theindiaprint.com-november-2-gold-rate-update-see-the-most-recent-trend-in-india-get-price-informati.jpg 275w, https://www.theindiaprint.com/wp-content/uploads/2023/11/theindiaprint.com-november-2-gold-rate-update-see-the-most-recent-trend-in-india-get-price-informati-150×100.jpg 150w” sizes=”(max-width: 1071px) 100vw, 1071px” title=”November 2, Gold Rate Update: See The Most Recent Trend In India, Get Price Information In Your City 9″></p>
<p>Indian retail gold rate as of November 02</p>
<p>Delhi Gold Rate</p>
<p>Customers in Delhi must pay Rs 61,790 for 10 grams of 24-carat gold and Rs 56,650 for 10 grams of 22-carat gold.</p>
<p>Ahmedabad Gold Rate</p>
<p>Ten grams of 22-carat gold now sell for Rs 56,550 in Ahmedabad, while the same quantity of 24-carat gold is available for Rs 61,690.</p>
<p>Chennai Gold Rate</p>
<p>Ten kilos of 22-carat gold costs Rs 56,950 at retail in Chennai, whereas the same amount of 24-carat gold costs Rs 62,130.</p>
<p id=”8″ class=”story_para_8″><strong><i>Check gold rates today in different cities on November 02, 2023; (In Rs/10 grams)</i></strong></p>
<div class=”table_container”>
<table>
<tbody>
<tr>
<td>CITY</td>
<td>22 CARAT GOLD PRICE</td>
<td>24 CARAT GOLD PRICE</td>
</tr>
<tr>
<td>Mumbai</td>
<td>56,500</td>
<td>61,640</td>
</tr>
<tr>
<td>Gurugram</td>
<td>56,650</td>
<td>61,790</td>
</tr>
<tr>
<td>Kolkata</td>
<td>56,500</td>
<td>61,640</td>
</tr>
<tr>
<td>Lucknow</td>
<td>56,650</td>
<td>61,790</td>
</tr>
<tr>
<td>Bengaluru</td>
<td>56,500</td>
<td>61,640</td>
</tr>
<tr>
<td>Jaipur</td>
<td>56,650</td>
<td>61,790</td>
</tr>
<tr>
<td>Patna</td>
<td>56,550</td>
<td>61,690</td>
</tr>
<tr>
<td>Bhubaneshwar</td>
<td>56,500</td>
<td>61,640</td>
</tr>
<tr>
<td>Hyderabad</td>
<td>56,500</td>
<td>61,640</td>
</tr>
</tbody>
</table>
</div>
<p>Trade in Multiple Commodities</p>
<p>Gold futures with an expiration date of December 5, 2023 were trading on the Multi Commodity Exchange for Rs 60,898 as of November 2. In contrast, the price of silver futures with the same maturity date was Rs 71,838.</p>
<p>The price at which gold is sold to domestic customers is known as its retail cost. A number of factors influence this pricing, including the value of the Rupee, the global gold price, and the labor and material expenses associated with making gold jewelry.</p>
<p>The following are a few variables that might affect the price of gold:</p>
<p>Supply and Demand: The market’s dynamic interaction between supply and demand largely determines the price of gold. Prices usually rise in response to an increase in demand, but they may also fall in response to an excess supply of gold.</p>
<p>Global Economic Conditions: Gold prices are significantly influenced by the state of the world economy as a whole. Gold’s price rises because investors generally gravitate to it as a safe haven during times of recession or unrest in the world economy.</p>
<p>Political Instability: Moreover, gold prices may be significantly impacted by political instability. In times of political unrest or disaster in a major country or area, investors may choose to protect their wealth by using gold as a hedge against risk. The price of gold may rise as a consequence of this increased demand.</p>
<p>Due to its historical significance in Indian culture, financial potential, and marriage and festival customs, gold is highly valued.</p>
<p> </p>

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