Gold prices rise, silver becomes cheaper on the second day of Chhath; check the latest rates for 24K and 22K gold
Gold and silver prices are witnessing continuous fluctuations. On November 14, the price of 24-carat gold in Delhi stands at approximately ₹1.40 lakh per 10 grams, while the price of silver has seen a decline.
If you are planning to purchase gold or silver today, it is important to be aware of the latest market rates. While gold prices had experienced a decline over the last few trading sessions, the rates for November 14 show an increase of approximately ₹418 per 10 grams for 24-carat gold compared to the previous price. Conversely, the price of silver has dropped by about ₹2,666 per kilogram.
In Delhi, the price of 24-carat gold is approximately ₹1,40,664 per 10 grams, and 22-carat gold is priced at around ₹1,28,848 per 10 grams. Meanwhile, the price of silver is approximately ₹1,82,244 per kilogram.
What is the latest price of gold today?
old Purity
Rate (Per 10 Grams)
| 24 Carat Gold | ₹1,40,664 |
| 22 Carat Gold | ₹1,28,848 |
| 18 Carat Gold | ₹1,05,497 |
Is this conversation helpful so far?
By how much has the price of silver dropped today?
Unlike gold, the price of silver has recorded a decline. In Delhi, on November 14, the price of 999-purity silver is approximately ₹1,82,244 per kilogram—a decrease of about ₹2,666 from the previous closing price.
Why are gold and silver prices changing?
There are several reasons behind the fluctuations in gold and silver prices, including conditions in the international market, the value of the US dollar, and investor demand.
Gold prices are particularly influenced by the US dollar and interest rates. When the dollar strengthens, it typically puts downward pressure on the price of gold. Additionally, a decline in demand following the festive season may also impact the prices of gold and silver in the domestic market.
What should you keep in mind before buying gold?
If you are planning to purchase gold jewellery today, do not base your decision solely on the prevailing market price. Always verify the purity of the gold and understand the price difference between 22-carat and 24-carat gold.
Furthermore, ensure that the jewellery bears a hallmark and a HUID (Hallmark Unique Identification) number. Also, inquire about the making charges and GST beforehand.
Should you buy gold today, or is it better to wait?
Gold and silver prices are subject to constant fluctuations. Given this, it is best to make your purchasing decision based on your specific needs and budget.
If you are buying jewellery for a wedding or a festival, compare the prices and making charges across different shops. Meanwhile, those purchasing gold for investment purposes should take into account market volatility and their long-term financial goals.