Business

November 8 gold and silver prices: see the most recent amounts in your area

There was a little decrease in the price of gold. The price per gram of 22-carat gold remained unchanged at ₹5,624. The prices for the bigger amounts, such 8 and 10 grams, were ₹44,992 and ₹56, respectively. Furthermore, one hundred grams of 22-carat gold costs ₹5,40,000. In the meantime, a gram of 24-carat gold cost ₹5,891.

The price of silver remained steady, with one kilogram costing ₹74,500 across the country.

         City                   Gold (Rs/10gram)                     Silver (Rs/kg)
Chennai                   56,700                                      77,500
New Delhi               56,400                                      74,500
Mumbai                   56,240                                      74,500
Kolkata                     56,240                                     74,500

Many variables affect these price changes, but one important one is feedback from reliable jewelers. These variations are caused by a number of factors, including the demand for gold around the world, the value of different currencies, interest rates, and government laws pertaining to the trading in gold. Global events also have an impact on gold prices in the Indian market, such as the status of the world economy and the value of the US dollar relative to other currencies.

Naiteek Bhatt

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