Gold Silver Price: If you are thinking of gifting gold jewelery to your wife just before Karva Chauth, then there is good news for you. Gold is trading with a decline today and has become cheaper.
Gold Silver Rate on 31 October 2023: Today is the last day of October and November will start from tomorrow. Many big festivals are going to come under the festive season in India in November. Karva Chauth, the main festival of married women, will be celebrated on 1 November. In such a situation, if you are thinking of buying gold or silver jewelery for your wife on the occasion of Karva Chauth, then there is good news for you.
Gold becomes cheaper in futures market
Just a day before Karwa Chauth (Karwa Chauth 2023), both gold and silver have become cheap in the futures market (Gold Silver Price Today). On Tuesday, October 31, 2023, gold is trading with a decline on the Multi Commodity Exchange. After Karva Chauth, people buy gold extensively on Dhanteras, Diwali and Bhai Dooj, so they can take advantage of low gold prices.
Gold rates on mcx
In the initial phase, gold opened at the level of Rs 61,117 per 10 grams. After this, some improvement has been seen in its price and it has become cheaper by Rs 130 i.e. 0.21 percent as compared to yesterday and remains at the level of Rs 61,150. On Monday, gold had closed at Rs 61,020.
Silver reached the level of 72,500
Apart from gold, a decline is also being seen in silver today. In the futures market, silver is trading cheaper by Rs 266 i.e. 0.37 percent as compared to yesterday on October 31 at Rs 72,489 per 10 grams. On Monday, silver closed at Rs 72,223 per kg.
Gold and silver rates of major 10 cities on October 31, 2023-
New Delhi- 24 carat gold Rs 62,000 per 10 grams, silver Rs 75,300 per kg
Chennai- 24 carat gold Rs 62,350 per 10 grams, silver Rs 78,200 per kg
Mumbai- 24 carat gold Rs 61,850 per 10 grams, silver Rs 75,300 per kg
Kolkata- 24 carat gold Rs 61,850 per 10 grams, silver Rs 75,300 per kg
Ghaziabad- 24 carat gold Rs 62,000 per 10 grams, silver Rs 75,300 per kg
Gurugram- 24 carat gold Rs 62,000 per 10 grams, silver Rs 75,300 per kg
Noida- 24 carat gold Rs 62,000 per 10 grams, silver Rs 75,300 per kg
Jaipur- 24 carat gold Rs 62,000 per 10 grams, silver Rs 75,300 per kg
Lucknow- 24 carat gold Rs 62,000 per 10 grams, silver Rs 75,300 per kg
Patna- 24 carat gold Rs 61,900 per 10 grams, silver Rs 75,300 per kg
What are the prices of gold and silver in the international market?
Apart from the domestic market, a decline in the prices of gold and silver is also being seen in the international market. According to the metal report, gold is trading at the level of $ 1,994.80 per ounce with a decline of 0.08 percent in the international market. Like the domestic market, silver is also trading at the red mark. Silver remains at $ 23.288 per ounce with a cut of 0.46 percent compared to yesterday.
