look news india
Gold Price Today: If you are planning to buy gold or silver today (November 29), then get ready to loosen your pockets a little. There is tremendous growth in the bullion market in the last trading days of the week. The situation is that the price of 24 carat gold in Delhi has now crossed the figure of Rs 1 lakh 28 thousand and reached Rs 1,28,620 per 10 grams.
Not only gold, the shine of silver is also increasing and it is now touching the level of Rs 1.76 lakh per kg.
Why are prices increasing suddenly?
This question must be in your mind that why are the prices increasing now? It has a direct connection with America. Actually, the eyes of the entire world are fixed on the American Central Bank (Federal Reserve). The market expects that interest rates in America can be reduced in the meeting to be held on 9-10th December.
There is a simple rule of economics – when bank interest rates fall, big investors consider it safe to withdraw money from bonds etc. and invest it in gold. Due to this reason, the demand for gold has increased in the global market and the price there has reached $ 4,169 per ounce. This is directly affecting our jewelery market.
Condition of Delhi-Mumbai and other cities
Gold is most expensive today in the country’s capital Delhi. Prices are also skyrocketing in Mumbai, Chennai and Kolkata. Let us see what is going on today’s price:
- Delhi: Here 24 carat pure gold is Rs 1,28,620 and jewelery gold (22 carat) is Rs 1,17,910 per 10 grams.
- Mumbai: In Mayanagari, 24 carat gold is Rs 1,28,470 and 22 carat gold is Rs 1,17,090.
- Pune and Bengaluru: In these IT hubs also the rate of 24 carat is same as that of Mumbai i.e. Rs 1,28,470.
Gold rates today in your city (per 10 grams)
| City | Price of 22 carat (₹) | Price of 24 carat (₹) |
| Delhi | 1,17,910 | 1,28,620 |
| Jaipur | 1,17,910 | 1,28,620 |
| Lucknow | 1,17,910 | 1,28,620 |
| Chandigarh | 1,17,910 | 1,28,620 |
| Mumbai | 1,17,090 | 1,28,470 |
| Kolkata | 1,17,090 | 1,28,470 |
| Chennai | 1,17,090 | 1,28,470 |
| Hyderabad | 1,17,090 | 1,28,470 |
| Ahmedabad | 1,17,810 | 1,28,520 |
| Bhopal | 1,17,810 | 1,28,520 |
Silver is also on cloud nine
There is good news for those investing in silver, but a shock for those who buy it. The price of silver has jumped to Rs 1,76,100 per kg today. In the global market, silver is crossing $53.
Famous author Robert Kiyosaki (who has written ‘Rich Dad Poor Dad’) has even predicted that the price of silver will rise further. According to him, silver prices may increase even more by 2026. Therefore, experts still consider it a good option for investment.
