Gold Rate Today in India, November 10
After a month of fall, the gold rate rose again today. The price of 24k gold is ₹12322, which has increased by ₹120 profit; the 22k gold price is ₹11295, and it has increased by ₹110; and 18k, which is a 999 coin, has increased by ₹90, which is ₹9242.
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The silver prices have also moved up in India following the rise in the global market.
The prices stand around ₹1,55,000, which is higher by ₹2,500.
An expert says this new rise is mainly because the US economy is facing a problem.
The US government has been shut down for more than 40 days; investors feel unsafe, and everyone is buying gold again for safety.
The US dollar is becoming weaker, and that is the main reason for the rise in the global market.
Traders believe the US central bank may cut the interest rates in December; if that happens, the gold price will rise again.
The MCX gold featured in India in December may reach around ₹122,700 per 10 grams, according to experts.
Gold and silver prices vary every day; keep checking Preciousmetal.in for the latest news and price updates.
