Gold and Silver prices on November 23: Check latest rates of your city here

According to GoodReturns, the price of 22-carat gold was Rs 56,850 per gram; Rs 62,020 for 10 gm 24-carat gold and silver at Rs 76,000 per kg respectively.

Alina Khan Last Updated : 23 November 2023, 09:35 AM IST

Courtesy: X

The gold and silver price on Wednesday is the same as yesterday as 22-carat gold prices in India are at Rs 5,685 per gram, while for 24-carat the price is at Rs 6,202 per gram.

On November 23, the price of 22-carat gold was at Rs 56,850 per gram; Rs 62,020 for 10 gm 24-carat gold and silver at Rs 76,000 per kg respectively, according to GoodReturns. At the same time, the silver rate was Rs 76.00 per gram whereas for 10 grams it was Rs 760.

Check rates of Gold and Silver here:

Cities	22-carat Gold (10 gm)	24-carat Gold (10 gm)	Silver (1 kg)
Delhi	57,000	62,170	76,000
Mumbai	56,850	62,020	76,000
Chennai	57,300	62,510	79,000
Kolkata	56,850	62,020	76,000
Bengaluru	56,850	62,020	74,600
Hyderabad	56,850	62,020	79,000
Kerala	56,850	62,020	79,000

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 23: Check latest rates of your city here

According to GoodReturns, the price of 22-carat gold was Rs 56,850 per gram; Rs 62,020 for 10 gm 24-carat gold and silver at Rs 76,000 per kg respectively.