On November 6, Thursday, the commodity market saw a positive trend in the prices of gold and silver. As soon as the market opened, both metals started trading positively. However, this increase is not significant yet. Let’s take a closer look at the gold and silver prices in different cities across India today.
Gold Price Today: How Much Is Gold Trading For?
As of 9:35 AM, the price of 10 grams of gold stands at ₹120,628, marking an increase of ₹106 per 10 grams. The price of gold has hit a low of ₹120,500 per 10 grams and a high of ₹120,714 per 10 grams so far. Previously, the price of gold was recorded at ₹120,522 per 10 grams.
In the international market, as of 8:42 AM, the price of gold in Comex is $3992.10 per ounce. In Indian rupees, this converts to approximately ₹124,817.3 per 10 grams.
For the Indian Bullion Jewellers Association (IBJA), the price update is yet to come. However, as of the evening of November 4, the price of 24-carat gold was ₹120,419 per 10 grams.
Silver Price Today: How Much Is Silver Trading For?
Similar to gold, silver has also shown an upward trend today. As of 9:37 AM, the price of 1 kilogram of silver is ₹147,445, reflecting an increase of ₹124 per kilogram. The lowest recorded price for silver so far is ₹146,658 per kilogram, while the highest price reached ₹147,640 per kilogram.
Previously, the price of silver was recorded at ₹147,321 per kilogram. In the international market, at 8:49 AM, the price of silver is $47.785 per ounce. When converted to Indian rupees, this equals ₹149,558 per kilogram.
The IBJA recorded the price of 1 kilogram of silver at ₹146,150 on the evening of November 4.
Gold and Silver Prices in Different Cities
Here are the current gold and silver prices in various cities across India:
Patna: Gold ₹120,700 | Silver ₹147,540
Jaipur: Gold ₹120,750 | Silver ₹147,600
Kanpur: Gold ₹120,790 | Silver ₹147,660
Lucknow: Gold ₹120,760 | Silver ₹147,720
Bhopal: Gold ₹120,850 | Silver ₹147,830
Indore: Gold ₹120,850 | Silver ₹147,830
Chandigarh: Gold ₹120,730 | Silver ₹147,080
Raipur: Gold ₹120,800 | Silver ₹147,680
Notable Trends Across Cities
Among the listed cities, Patna has the lowest price for gold, where 10 grams of gold is priced at ₹120,700. On the other hand, Chandigarh has the lowest price for silver, with 1 kilogram of silver priced at ₹147,080. In Bhopal and Indore, both gold and silver are the most expensive, with 10 grams of gold costing ₹120,850 and 1 kilogram of silver priced at ₹147,830.
Overall, the market for gold and silver is experiencing an upward movement, though it remains to be seen whether this trend will continue in the coming days. As always, market fluctuations can happen, and buyers should stay informed about the latest trends before making any purchases.
