Gold became cheaper by more than 100 rupees in a week, know the latest price in five big cities:

News Topical, Digital Desk : Gold Price Today: Gold prices have seen fluctuations in recent days. Gold prices have fallen by more than Rs 100 in a week. If we talk about the national capital Delhi, here 10 grams of gold is being sold at Rs 1,00,080, while 22 carat gold is trading at Rs 91,750. The reduction in geopolitical tensions and America's trade with many countries including Japan and Britain has also become a major reason for the fall in gold prices.

Let us know the latest rates of different cities

In the financial capital Mumbai as well as Chennai and Kolkata, 24 carat gold is being sold at the rate of Rs 99,930 per 10 grams, while the price of 22 carat gold is Rs 91,600. Apart from this, 24 carat gold is being sold at Rs 1,00,080 in Jaipur, Chandigarh and Lucknow. The price of 24 carat gold in Bhopal and Ahmedabad is Rs 99,980, while in Hyderabad it is trading at the rate of Rs 99,930.

Similarly, 22 carat gold is being sold at the rate of Rs 91,600 in Mumbai, Chennai and Kolkata, while 22 carat gold is being sold at the rate of Rs 91,750 in Jaipur, Chandigarh and Lucknow. Whereas 22 carat gold is being sold at the rate of Rs 91,650 in Ahmedabad and Bhopal and Rs 91,600 in Hyderabad.

How is the rate decided?

The prices of gold and silver are determined on a daily basis. There are many reasons responsible for this, including exchange rates, fluctuations in dollar prices, customs duty. Apart from this, the turmoil in the international market has a direct impact on the prices of gold . If there is a situation of uncertainty in the global market, then investors consider it better to distance themselves from the market and invest their money in safe investments like gold.

Apart from this, gold also has social and economic importance in India. Here, gold is considered very auspicious in any wedding or festival. Apart from this, the presence of gold in a family is also considered a symbol of the prosperity of that family. Gold has proved itself to give better returns than inflation in every era. This is the reason why its demand has always remained.