Dhanteras Gold Rate: Gold Prices Drop by Rs 2,400, Check Rates in Delhi, UP and Bihar

New Delhi: There is relief news for people planning to buy gold on the occasion of Dhanteras. A decline in gold prices has been recorded in the domestic bullion market. Gold has become cheaper by about Rs 2,400. On November 6, the price of 24 carat gold was trading at Rs 142,050 per 10 grams. At the same time, the price of 22 carat gold is Rs 130,210 and the price of 18 carat gold is Rs 106,540 per 10 grams.

Buying gold on Dhanteras is considered auspicious. In such a situation, buyers may get some relief from the fall in prices. However, before buying jewellery, please check the latest price of your city, because the prices may vary in different cities.

Has gold prices increased in the international market?

Although the prices of gold may have come down in the domestic market, there was a rise in its prices in the international market. On Thursday, spot gold rose nearly 1 percent to $4,100.27 an ounce. During trading, gold also touched the level of $4,146.63 an ounce. This was the highest level in more than two weeks.

Gold prices were supported by weakness in the US dollar and treasury yields. Apart from this, concerns about inflation also reduced due to falling crude oil prices. Now investors are keeping an eye on America’s employment data, which may impact decisions related to interest rates.

Did both gold and silver become cheap on MCX?

Gold and silver prices fell on the domestic futures market Multi Commodity Exchange (MCX) on Friday morning. Gold futures price fell by 1.18 percent to Rs 142,750 per 10 grams. At the same time, the future price of silver fell by about 1.54 percent and was trading at Rs 184,650 per kg.

Know the price of gold from Delhi to Mumbai

The prices of 24 and 22 carat gold in major cities of the country on Dhanteras are as follows:

Note: These are the given market prices. The final price may vary due to making charges and applicable taxes at the time of purchasing jewellery.