BUSINESS
Gold and Silver Prices Today, 5 Nov: Gold and silver shine before Dhanteras, know the price in your city
President Donald Trump's party suffered a crushing defeat in the US midterm elections, which has had a direct impact on the global commodity market. This political reversal has led to a sharp rise in international gold and silver prices, which has also impacted Indian markets just before Dhanteras.
The situation in the international market (Comex)
was turbulent after the US election results. Gold prices on Comex recorded a sharp rise of 1.69%, reaching $4,141.90 per ounce. Similarly, silver prices rose 1.48%, trading at $53.055 per ounce.
|
City |
22 carat gold (per 10 grams) |
24 carat gold (per 10 grams) |
|
Delhi |
₹1,31,850 |
₹1,38,440 |
|
Mumbai |
₹1,31,350 |
₹1,37,920 |
|
Chennai |
₹1,30,850 |
₹1,37,390 |
|
Kolkata |
₹1,32,350 |
₹1,38,970 |
|
Bangalore |
₹1,31,950 |
₹1,38,550 |
|
Hyderabad |
₹1,30,850 |
₹1,37,390 |
|
Ahmedabad |
₹1,31,890 |
₹1,38,480 |
|
Jaipur |
₹1,31,890 |
₹1,38,480 |
|
Lucknow |
₹1,31,850 |
₹1,38,440 |
|
Patna |
₹1,32,350 |
₹1,38,970 |
The impact of the international boom was clearly visible on the domestic markets of India as well :
On the Multi Commodity Exchange (MCX), gold for December delivery rose by ₹2,500 to ₹1,45,525 per 10 grams. Silver, meanwhile, gained ₹2,751 to ₹1,91,088 per kilogram.
Bullion market prices: Here are the retail prices of gold and silver of different purities just before Dhanteras:
24 carat gold: around ₹145,860 per 10 grams
22 carat gold: around ₹133,705 per 10 grams
18-carat gold: around ₹109,395 per 10 grams
Silver: Around ₹191,080 per kilogram
PC: Jagran
