Gold and Silver prices on November 14: Check latest rates here

According to GoodReturns, the price of 22-carat gold was at Rs 55,450 per gram; Rs 60,490 for 10 gm 24-carat gold and silver at Rs 72,400 per kg respectively.

Edited By: Alina Khan

Last Updated : 14 November 2023, 09:30 AM IST

According to the latest gold and silver prices, on Tuesday, 22-carat gold prices in India are at Rs 5,545 per gram, while for 24-carat the price is at Rs 6,049 per gram.

On November 14, the price of 22-carat gold was at Rs 55,450 per gram; Rs 60,490 for 10 gm 24-carat gold and silver at Rs 72,400 per kg respectively, according to GoodReturns. At the same time, the silver rate was Rs 72.40 per gram whereas for 10 grams it was Rs 724.

Check rates of Gold and Silver here:

Cities	22-carat Gold (10 gm)	24-carat Gold (10 gm)	Silver (1 kg)
Delhi	55,600	60,640	72,400
Mumbai	55,450	60,490	72,400
Chennai	55,900	60,980	75,400
Kolkata	55,450	60,490	72,450
Bengaluru	55,450	60,490	71,750
Hyderabad	55,450	60,490	75,400
Kerala	55,450	60,490	75,400

What determines gold and silver rates?

To comprehend the fluctuations in gold and silver rates, it's crucial to know the factors that influence them. These include:

Global Market Trends - Global economic conditions, geopolitical events, and currency fluctuations can significantly impact the rates of gold and silver in India.

Local Demand and Supply - 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.

Investment Opportunities:

Buying Gold and Silver - Learn about various ways to invest in gold and silver, from physical purchases to digital investments like ETFs and sovereign gold bonds.

In a country where gold and silver are more than just commodities, understanding their rates and significance is essential. By staying informed about global and local factors affecting their prices and making strategic investment decisions, you can navigate the ever-changing landscape of gold and silver rates in India.

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Gold and Silver prices on November 14: Check latest rates here