Gold Rate Today: Gold and silver prices rise sharply today; check latest rates

Gold Price Today: The price of 24-carat gold in Mumbai is ₹125,850 per 10 grams. In Jaipur, the price of 24-carat gold has risen to ₹125,980 per 10 grams. Domestic as well as global factors influence prices within the country.

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Gold Rate Today: Gold prices rose across the country on November 12th. The price of 24-carat gold in the capital, Delhi, rose to ₹125,980 per 10 grams. Gold prices also rose in other cities. Stephen Mirn, Governor of the US Federal Reserve, recently hinted at a significant 0.50 percent interest rate cut to address rising unemployment and sluggish inflation. Gold and silver prices rose due to easing concerns about a US department shutdown, growing expectations of a rate cut by the Federal Reserve at its December meeting, and strong global trends. Let’s find out the latest gold rates in some major cities across the country…

Gold Price in Delhi

The price of 24-carat gold in Delhi is ₹125,980 per 10 grams. The price of 22-carat gold is ₹115,510 per 10 grams.

Mumbai, Chennai, and Kolkata

Currently, the price of 22-carat gold in Mumbai, Chennai, and Kolkata is ₹115,360 per 10 grams, while the price of 24-carat gold is ₹125,850 per 10 grams.

Price in Pune and Bengaluru

In these two cities, the price of 24-carat gold is ₹125,880 per 10 grams, and the price of 22-carat gold is ₹115,410 per 10 grams.

Goldman Sachs forecasts gold to reach $4,900 an ounce by December 2026. ANZ believes gold will be at $4,600 an ounce by the middle of next year.

Silver Price

Like gold, silver is also rising. On November 12th, silver was trading at ₹160,100 per kilogram. Domestic and international gold and silver prices are influenced by both domestic and global factors.

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