Gold price today: For the last few days, the price of gold is constantly increasing. In the week, the price of gold has increased by about 330 rupees and its price in the market has crossed the level of one lakh rupees again. Earlier this year, on April 23, gold had crossed the historical level of one lakh rupees for the first time. Let us know what fresh sense of gold and silver is going on in your city-
The fresh sense of your city-
Today, 24 carat gold is being available in the national capital Delhi at the rate of 10 grams per 10 grams, while the price of 22 carat gold is Rs 91,850. Currently, in Chennai, Kolkata and Mumbai, 22 carat gold per 10 grams is getting Rs 91,700, while 24 carat gold is trading at Rs 1,00,040.
Similarly, in Jaipur, Chandigarh and Lucknow, 24 carat gold is being sold at Rs 1,00,190 today and 22 carat gold is being sold at Rs 91,850. In Ahmedabad and Bhopal, where 24 carat gold is being sold today at the rate of 10 grams per 10 grams, 22 carat gold is trading at a price of Rs 91,750. While 24 carat gold is being sold in Hyderabad today at the rate of Rs 1,00,040, 22 carat gold is trading at a price of Rs 91,700.
How is the rate fixed?
The price of gold and silver is fixed on a daily basis. Many factors are responsible for this, including foreign currency exchange rate, dollar value fluctuations, customs and international market status etc. Along with this, the upheaval in the international market has a direct impact on gold prices. If there is a situation of uncertainty in the global market, then investors consider it better to invest their money in safe investment like gold by making distance from the market.
Gold and silver have socio-economic significance in India. Gold is considered auspicious from any marriage to a festival. Gold near a family is considered a symbol of the prosperity of that family. Gold has proved himself a better return than inflation in every round. This is the reason that its demand has always been there.
Also read: After the first quarter result, this share created a stir, the competition to buy, less than Rs 20

