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Gold Price Today, November 16: Gold rate surges for eighth straight day; check out rates in your city

Gold Price Today: Gold and silver prices in the country have been steadily rising in recent days as the wedding season begins. Today marks the eighth consecutive day that the price of gold has risen. Gold is now expensive at Rs 129 per 10 gramme, while silver has become less expensive. The price of silver […]

Edited By : Divya Richa | Updated: Nov 16, 2022 14:36 IST
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Gold Price Today: Gold and silver prices in the country have been steadily rising in recent days as the wedding season begins. Today marks the eighth consecutive day that the price of gold has risen. Gold is now expensive at Rs 129 per 10 gramme, while silver has become less expensive. The price of silver is currently falling at a rate of Rs 486 per kg. Following this, gold has increased to Rs 53000 per kg, while silver is selling for around Rs 62300.

During the wedding season, however, you can still get a good deal on gold and silver. Gold is still Rs 3,200 per 10 gramme cheaper than its all-time high, while silver is Rs 18,000 per kg. Indeed, bullion market experts predict that, along with gold, the price of silver will rise further in the coming days, and both will set new highs.

IBJA gold and silver condition

According to the Indian Bullion Jewelers Association’s (IBJA) website, gold (Gold Price Update) increased by Rs 129 per ten grammes on Wednesday (16 November), the third day of this trading week, and opened at Rs 52952 per ten grams. On the other hand, gold (Gold Price) increased by Rs 393 per kg on the previous trading day and closed at Rs 52823 per 10 grammes on Tuesday.

Today, silver (Silver Price Update) became less expensive at Rs. 486 per kg and opened at Rs. 61784 per kg. Silver increased in price by Rs 687 on Tuesday, closing at Rs 62270 per kg.

MCX gold and silver rates

Gold, like the Indian Bullion Jewelers Association (IBJA), is trading quickly on the Multi Commodity Exchange today (MCX). Today, gold on the MCX is Rs 221 more expensive, trading at Rs 52,966. Silver, on the other hand, is trading at Rs 62,000, up Rs 410.

Gold is down Rs 3200 and silver is down Rs 18000 from their all-time highs

Gold is currently selling for Rs 3248 per 10 grammes less than its all-time high. In August 2020, gold reached an all-time high. At the time, gold had reached a price of Rs 56,200 per ten grammes. Silver, on the other hand, was falling below its all-time low of Rs 18196 per kg. Silver’s all-time high price is Rs 79980 per kg. In such a case, those looking to purchase gold or silver may find this to be a good time to do so.

14 to 24 Carat Gold Price

In this way today the latest price of 24 carat gold is Rs 52952 per 10 grams, 23 carat gold is Rs 52740 per 10 grams, 22 carat gold is Rs 48504 per 10 grams, 18 carat gold is Rs 39714 per 10 grams and 14 carat gold is approx. Is trading at the level of Rs 30977 per 10 grams.

Gold and silver in the international market

Like the Indian bullion market, gold is trading with a decline in the international market today. In the US, gold was trading down by $7.89 at $1,773.25 an ounce. On the other hand, silver is trading at a level of $ 21.58 an ounce with a fall of $ 0.02.

Gold , Silver Price in Major Cities:

Delhi Gold Price

22ct Gold : Rs. 48150, 24ct Gold : Rs. 52510, Silver Price : Rs. 62000

Mumbai Gold Price

22ct Gold : Rs. 48000, 24ct Gold : Rs. 52360, Silver Price : Rs. 62000

Kolkata Gold Price

22ct Gold : Rs. 48000, 24ct Gold : Rs. 52360, Silver Price : Rs. 62000

Chennai Gold Price

22ct Gold : Rs. 49600, 24ct Gold : Rs. 54110, Silver Price : Rs. 68500

Hyderabad Gold Price

22ct Gold : Rs. 48000, 24ct Gold : Rs. 52360, Silver Price : Rs. 67500

Bangalore Gold Price

22ct Gold : Rs. 48050, 24ct Gold : Rs. 52410, Silver Price : Rs. 67500

Mangalore Gold Price

22ct Gold : Rs. 48050, 24ct Gold : Rs. 52410, Silver Price : Rs. 67500

Ahmedabad Gold Price

22ct Gold : Rs. 48050, 24ct Gold : Rs. 52410, Silver Price : Rs. 62000

Surat Gold Price

22ct Gold : Rs. 48050, 24ct Gold : Rs. 52410, Silver Price : Rs. 62000

Nagpur Gold Price

22ct Gold : Rs. 48030, 24ct Gold : Rs. 52390, Silver Price : Rs. 62000

Pune Gold Price

22ct Gold : Rs. 48030, 24ct Gold : Rs. 52390, Silver Price : Rs. 62000

Bhubaneswar Gold Price

22ct Gold : Rs. 48000, 24ct Gold : Rs. 52360, Silver Price : Rs. 67500

Chandigarh Gold Price

22ct Gold : Rs. 48150, 24ct Gold : Rs. 52510, Silver Price : Rs. 62000

Bhopal Gold Price

22ct Gold : Rs. 48300, 24ct Gold : Rs. 52620, Silver Price : Rs. 68700

Indore Gold Price

22ct Gold : Rs. 48650, 24ct Gold : Rs. 52620, Silver Price : Rs. 68670

Jaipur Gold Price

22ct Gold : Rs. 48150, 24ct Gold : Rs. 52510, Silver Price : Rs. 62000

Lucknow Gold Price

22ct Gold : Rs. 48150, 24ct Gold : Rs. 52510, Silver Price : Rs. 62000

Patna Gold Price

22ct Gold : Rs. 48030, 24ct Gold : Rs. 52390, Silver Price : Rs. 62000

First published on: Nov 16, 2022 02:36 PM IST
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