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News Topical, Digital Desk : Gold Price Today: There has been a continuous rise in the price of gold for the last few days. Within a week, the price of gold has increased by about Rs 330 and its price in the market has again crossed the level of Rs one lakh. Earlier on April 23 this year, gold had crossed the historical level of Rs one lakh for the first time. Let us know what is the latest price of gold and silver in your city-

Latest price of your city-

Today, in the national capital Delhi, 24 carat gold is available at the rate of Rs 1,00,190 per 10 grams, while the price of 22 carat gold is Rs 91,850. At present, in Chennai, Kolkata and Mumbai, 22 carat gold is available at the rate of Rs 91,700 per 10 grams, while 24 carat gold is trading at the rate of Rs 1,00,040.

Similarly, in Jaipur, Chandigarh and Lucknow, 24 carat gold is being sold at Rs 1,00,190 today, while 22 carat gold is being sold at Rs 91,850. In Ahmedabad and Bhopal, while 24 carat gold is being sold at Rs 1,00,090 per 10 grams today, 22 carat gold is trading at Rs 91,750. While in Hyderabad, 24 carat gold is being sold at Rs 1,00,040 today, 22 carat gold is trading at Rs 91,700.

How is the rate decided?

The price of gold and silver is determined on a daily basis. Many factors are responsible for this, including foreign exchange rates, fluctuations in the value of the dollar, customs duty and international market conditions, etc. Along with this, the turmoil in the international market has a direct impact on the prices of gold . If there is 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. 

Gold and silver have socio-economic importance in India. Gold is considered auspicious in any wedding or festival. The presence of gold in a family is considered a symbol of that family's prosperity. Gold has proved itself to give better returns than inflation in every era. This is the reason why its demand has always remained.


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