India News Get -BusinessGold Price Today (November 14); What is the price of gold and silver today? Economic news
Gold and silver prices fell sharply today (November 14). According to the India Bullion and Jewelers Association (IBJA), the price of 10 grams of 24-carat gold fell by Rs 1,316 to Rs 73,944. Earlier, its price was Rs 75,260 per ten grams.
The price of silver also fell today. It fell by Rs 2,189 to Rs 87,558 per kg. Previously, silver was at Rs 89,747. At the same time, on October 23, silver had touched an all-time high of Rs 99,151 and on October 30, gold had touched an all-time high of Rs 79,681.
In the last 15 days, 24 carat gold became cheaper by Rs 5,737 (7%) per 10 grams. On October 30, 24 carat gold touched an all-time high of Rs 79,681 per 10 grams, which has now come down to Rs 73,944. While on October 23, silver had touched Rs 99,151, which now stands at Rs 87,558 per kg.
Gold Price in 4 Metros and Bhopal
Delhi: The price of 10 grams of 22 carat gold is Rs 69,500 and the price of 10 grams of 24 carat gold is Rs 75,800. Mumbai: The price of 10 grams of 22 carat gold is Rs 69 350 and the price of 10 grams of 24 carat gold is Rs. 75,650 Calcutta: 10 grams The price of 22 carat gold is Rs 69,350 and The price of 24 carat gold 10 grams is Rs 75,650. Chennai: The price of 10 grams 22 carat gold is Rs 69,350 and the price of 10 grams 24 carat gold is Rs 75,650. Bhopal: The price of 10 grams gold 22 carat is Rs. 69,400 and the price of 10 grams of 24 carat gold is Rs 75,650. The price of gold is Rs 75,700.
4 main reasons behind the current drop in gold prices
After three months of rising gold, demand has declined due to profits recorded. As a result, its price has fallen Since Donald Trump’s victory in America, the dollar index has increased by 2.36%. The price of US bonds has increased. The demand for gold has declined due to these two factors. Gold prices have risen due to growing tensions in the Middle East, between Russia and Ukraine, between Israel and Hamas, between Israel and Iran, but no major movement is visible at the moment after Trump’s victory at the federal level. The reserve cut its rates by 0.25%, below expectations. This also reduced the growing demand for gold.
Keep these 3 things in mind when buying gold
1. Buy only certified gold: Always buy certified gold bearing the Bureau of Indian Standards (BIS) mark. There is a 6 digit hallmark code on the gold. This is called the Hallmark Unique Identification Number, i.e. HUID. This number is alphanumeric, that is, something like this – AZ4524. Thanks to hallmarking, it is possible to know the number of carats of gold.
2. Check the price Check the correct weight of gold and its price on the day of purchase from several sources (like the India Bullion and Jewelers Association website). The price of gold varies according to 24 carat, 22 carat and 18 carat. 24-karat gold is considered the purest gold, but it is not used for jewelry because it is very soft.
3. Do not pay in cash, take the bill. While purchasing gold, it is better to make payment through UPI (like BHIM app) and digital banking rather than cash payment. If you wish, you can also make payment by debit or credit card. After that, don’t forget to take the bill. If you order online, definitely check the packaging.
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Today is the second day of Jinka Logistics Solutions’ IPO, it was 24% subscribed on the first day.
Today, i.e. November 14, is the second day of the IPO of Jinka Logistics Solutions Limited. This IPO was subscribed to 24% from the first day. This IPO was subscribed to 52% in the retail category, 25% in the Qualified Institutional Buyers (QIB) category and 2% in the Non-Institutional Investors (NII) category. Retail investors will be able to bid on this issue until November 18.