Gold prices increase by ₹30. Check latest rates in your city today

Gold price today: One gramme of 22K and 24K gold cost ₹5,710 and ₹6,229 respectively.

Published on: Nov 26, 2023, 09:07:39 IST

By HT News Desk

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Gold prices increased by ₹30 per gm on Sunday. According to the website Goodreturns, one gramme of 22K and 24K gold cost ₹5,710 and ₹6,229 respectively.

‘K' or carat is a term used to measure the purity of gold. A 24K gold is called pure gold because it has 99 per cent purity. It is in liquid form and does not carry traces of other metals. A 22K gold contains traces of metals like copper and zinc and is used to make jewellery.

Here are the gold prices for major cities on Sunday November 26, 2023.

CITY	22K GOLD PRICE (Rs/10 GMS)	24K GOLD PRICE (Rs/10 GMS)
DELHI	57,250	62,440
MUMBAI	57,100	62,290
KOLKATA	57,100	62,290
CHENNAI	57,550	62,780
BENGALURU	57,100	62,290

Gold prices are determined on several factors including currency, government policies and demand. If the Indian rupee slides against US dollar, the gold price will increase.

The price of gold is also dependent on international factors like global economic growth, dollar strength against other currencies etc. Another important factor is the demand for the precious metal. If the demand for gold is not robust, the prices will fall.

Silver prices

Silver prices increased by Re 1 on Sunday. According to the website Goodreturns, the price of one gramme of silver stood at ₹77.20. In India, the price of silver is determined by factors like gold rates, industrial demand, bulk purchases, inflation etc. If the price of gold increases, the silver price will also increase.

In Delhi, Mumbai and Kolkata, the price of 10 gms of silver stood at ₹772. In Bengaluru and Chennai, 10 gms of silver were priced at ₹762.50 and ₹802 respectively.

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HT News Desk
Follow the latest breaking news, major developments and agenda-setting stories from India and around the world with the newsdesk at Hindustan Times. Operating round the clock, the desk brings together experienced editors, reporters and correspondents to deliver fast, accurate and contextual reporting across subjects that influence public policy, governance, business, society and international affairs. The HT News Desk covers politics, elections, government policies, the economy, business and markets, science and technology, the environment, law and order, infrastructure, education, climate issues and geopolitics, while closely tracking developments across states, institutions and global capitals. The team also leads coverage of major breaking news events, policy announcements, court proceedings, natural disasters, public emergencies and significant international developments. Reports published by the newsdesk are based on information gathered from reporters on the ground, official statements, government agencies, court records, regulatory filings, recognised institutions and other authoritative sources. Stories undergo editorial scrutiny and verification processes to ensure accuracy, fairness and relevance, and are updated as events evolve and additional information becomes available. Whether covering a key political decision in New Delhi, an economic policy shift affecting millions, a landmark court ruling or a major global event, the HT News Desk aims to provide readers with reliable, fact-based journalism that delivers not only the latest developments but also the context and analysis needed to understand their wider implications.Read More

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