Gold and Silver prices on November 5, 2023

According to GoodReturns, the price of 22-carat gold was at Rs 56,500 per gram; Rs 61,640 for 10 gm 24-carat gold and silver at Rs 74,600 per kg respectively.

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Edited By: Alina Khan
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According to the latest gold and silver prices, on Sunday, 22-carat gold prices in India are at Rs 5,650 per gram, while for 24-carat the price is at Rs 6,164 per gram.

On November 5, the price of 22-carat gold was Rs 56,500 per gram; Rs 61,640 for 10 gm 24-carat gold and silver at Rs 74,600 per kg respectively, according to GoodReturns. At the same time, the silver rate was Rs 74.80 per gram whereas for 10 grams it was Rs 748.

Check rates of Gold and Silver here:

Cities

22-carat Gold (10 gm)

24-carat Gold (10 gm)

Silver (1 kg)

Delhi

56,650

61,790

74,800

Mumbai

56,500

61,640

74,800

Chennai

56,950

62,130

77,700

Kolkata

56,500

61,640

74,800

Bengaluru

56,500

61,640

73,000

Hyderabad

56,500

61,640

77,700

Kerala

56,500

61,640

77,700

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.