Gold and silver prices on November 8: Check latest rates in your city

The price of gold remained saw a moderate decline. The rate for 22-carat gold stood firm at 5,624 per gram. The larger quantities, such as 8 grams and 10 grams, were priced at 44,992 and 56, respectively. Also, the cost for 100 grams of 22-carat gold is valued at 5,40,000. Meanwhile, 24-carat gold was priced at 5,891 per gram.

Today Gold Price, Silver Price:
Today Gold Price, Silver Price:

Silver price maintained stability with one kilogram of silver registering a nationwide cost of 74,500.

These price fluctuations are influenced by an array of factors, with input from reputable jewellers being a key component. Factors such as global gold demand, currency values in various nations, prevailing interest rates, and government regulations related to gold trade all contribute to these fluctuations. Additionally, global events, including the state of the global economy and the strength of the US dollar in relation to other currencies, exert their influence on gold prices within the Indian market.

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