Dhanteras 2023: Gold and Silver prices fall on November 10, 2023

On the auspicious day of Dhanteras, the latest prices of gold and silver, on Friday see a change. According to the sources, 22-carat gold prices in India are at ₹5,569 per gram, while for 24-carat the price is at ₹6,075 per gram.

One kg of 22-carat gold can be purchased for ₹5,56,900. On the other hand, silver maintained a stability with one kg priced at ₹73,200 across the country.

Dhanteras Delights: Gold and Silver set to illuminate Diwali with a 50 thousand crore trade surge

 In the spirit of Dhanteras, the auspicious day heralding wealth and prosperity, India's gold and silver markets are gearing up for a monumental trade surge, with experts predicting a staggering 50 thousand crore windfall this festive season.

Factors that determine the prices

To comprehend the fluctuations in gold and silver rates, it's crucial to know the factors that influence them. These include: Global economic conditions, geopolitical events, and currency fluctuations can significantly impact the rates of gold and silver in India.

Apart from this, domestic factors, such as festive seasons and weddings, influence the demand for gold in India. Moreover, mining and import policies play a role in supply and pricing.