Gold and Silver prices on November 29: Check latest rates here

According to GoodReturns, the price of 22-carat gold was at Rs 57,350 per gram; Rs 62,560 for 10 gm 24-carat gold and silver at Rs 78,500 per kg respectively.

Edited By: Alina Khan

Last Updated : 29 November 2023, 09:46 AM IST

According to the GoodReturns, 22-carat gold prices in India are at Rs 5,735 per gram, while for 24-carat the price is at Rs 6,256 per gram on Wednesday.

On November 29, the price of 22-carat gold was at Rs 57,350 per gram; Rs 62,560 for 10 gm 24-carat gold and silver at Rs 78,500 per kg respectively, according to GoodReturns. At the same time, the silver rate was Rs 78.50 per gram whereas for 10 grams it was Rs 785.

Check rates of Gold and Silver here:

Cities	22-carat Gold (10 gm)	24-carat Gold (10 gm)	Silver (1 kg)
Delhi	57,500	62,710	78,500
Mumbai	57,350	62,560	78,500
Chennai	57,800	63,050	81,500
Kolkata	57,350	62,560	78,500
Bengaluru	57,350	62,560	76,250
Hyderabad	57,350	62,560	81,500
Kerala	57,350	62,560	81,500

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 29: Check latest rates here