Gold and Silver prices on November 8: Check rates of your city here

According to GoodReturns, the price of 22-carat gold was at Rs 56,240 per gram; Rs 61,450 for 10 gm 24-carat gold and silver at Rs 74,500 per kg respectively.

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Edited By: Alina Khan
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According to the latest gold and silver prices, on Wednesday, 22-carat gold prices in India are at Rs 5,624 per gram, while for 24-carat the price is at Rs 6,145 per gram.

On November 8, the price of 22-carat gold was at Rs 56,240 per gram; Rs 61,450 for 10 gm 24-carat gold and silver at Rs 74,500 per kg respectively, according to GoodReturns. At the same time, the silver rate was Rs 74.50 per gram whereas for 10 grams it was Rs 745.

Check rates of Gold and Silver here:

Cities

22-carat Gold (10 gm)

24-carat Gold (10 gm)

Silver (1 kg)

Delhi

56,400

61,500

74,500

Mumbai

56,240

61,450

74,500

Chennai

56,700

62,850

77,500

Kolkata

56,240

61,450

74,500

Bengaluru

56,240

61,450

73,000

Hyderabad

56,240

61,450

77,500

Kerala

56,240

61,450

77,500

Why is gold and silver crucial in India?

In a country where gold and silver have deep-rooted cultural and economic significance, keeping track of their rates is of paramount importance. Whether one is an investor, a bride-to-be, or someone who appreciates the allure of these precious metals, understanding the dynamics of gold and silver rates in India can be both fascinating and rewarding.