Gold Rate In Delhi Today

November 2020 - Week 1 (1 - 8):

• In the capital city of New Delhi, gold rate opened the first week of November at Rs.5,194 per gram and was at its lowest on the first day of the month. The price of the metal increased to Rs.5,195 per gram on 2 November.
• On 4 November, the price of the precious metal had increased to Rs.5,415 per gram and further to Rs.5,416 per gram on 5 November.
• Increasing marginally to Rs.5,417 per gram on 6 November, the price of gold in Delhi increased to hit its weekly high at the end of the week at Rs.5,504 per gram, closing the week on 8 November.

November 2020 - Week 2 (9 - 15):

• A gram of gold was retailed for Rs.5,505 per gram in Delhi at the start of the second week of November. When compared to the previous week’s closing price, there was a minimal increase of Re.1
• The price of gold climbed to its highest for the month till date in the national capital on 10th November. A gram of the 24-karat gold was retailed for Rs.5,525 on the mentioned date.
• Gold price in Delhi closed the week at Rs.5,428 per gram after the rate of the precious metal increased on the final day of the week. The overall performance of the metal in the city witnessed an inclining trend.

November 2020 - Week 3 (16 - 22):

• Gold rate in Delhi showed an overall weekly decline opening the third week of the month at Rs.5,429 per gram on 16 November and dipping to Rs.5,417 per gram on 18 November due to a higher risk appetite amongst investors.
• As investors shifted to the equities market amidst hopes of a vaccine for COVID-19, the price of the metal fell in the market. On 19 November, the gold rate was Rs.5,384 per gram and increased marginally on 20 November.
• On 21 November, the price of the metal increased marginally to Rs.5,386 per gram and closed the week on the following day at Rs.5,362 per gram.

November 2020 - Week 4 (23 - 30):

• Gold rate in Delhi was Rs.5,362 per gram on 23 November and recorded continuous declines throughout the week. On 24 November, the price of the metal dipped to Rs.5,361 per gram.
• After increasing marginally on 25 November at Rs.5,263 per gram, the price of the metal dipped to Rs.5,199 per gram on 26 November and was steady on the following day as well.
• Gold prices declined further towards the end of the week and was at Rs.5,182 per gram on 28 November and closed the month at Rs.5,146 per gram on 30 November, recording the lowest price of the month.

October 2020 - Week 1 & 2 (1 -11):

• Gold rate in Delhi was Rs.5,342 per gram on 1 October and increased to Rs.5,378 per gram on 3 October. The gold price showed an inclining trend throughout the week as risk appetite was low amongst investors.
• On 5 October, gold price in Delhi was Rs.5,380 per gram and dipped yet again to increase to Rs.5,387 per gram on 8 October. On 9 October, gold price was Rs.5,335 per gram.
• The gold rate increased to Rs.5,396 per gram on 10 October and hit its highest price of the week, closing at Rs.5,397 per gram on 11 October.

October 2020 - Week 3 (12 - 18):

• Gold price in Delhi opened the third week of October at Rs.5,398 per gram. There was a minimal increase in the rates when compared to the closing price of the previous week.
• Gold recorded its highest price for the month till date on 13th October when a gram of the 24-karat gold was retailed for Rs.5,434.
• Gold rate in Delhi slipped to Rs.5,374 per gram on 15th October before improving and closing the week at Rs.5,377 per gram. The overall performance witnessed an inclining trend in the rates.

October 2020 - Week 4 (19 - 25):

• Gold rate in Delhi opened the fourth week of the month at Rs.5,378 per gram on 19 October and showed a declining trend for the week. On 20 October, gold rates increased marginally to Rs.5,379 per gram.
• The gold price increased due to the speculation surrounding the U.S. stimulus package which resulted in muted trends in the equities market. On 22 October, gold was priced at Rs.5,411 per gram.
• On 23 October, price of gold in Delhi hits its weekly high at Rs.5,413 per gram and the price decreased. The gold rate closed the week at Rs.5,290 per gram on 25 October.

October 2020 - Week 5 (26 - 31):

• In Delhi, gold opened the fifth week of October at Rs.5,290 per gram. When compared to the closing price of the previous week, there was no change in the rates of the yellow metal.
• Gold rate climbed to Rs.5,311 per gram on 28th October after remaining unchanged on 27th October. The price of gold slipped in the national capital the following day and recorded its lowest price for the month on 30th October when a gram was retailed for Rs.5,257.
• Gold price in Delhi closed the week at Rs.5,267 per gram with the overall performance witnessing a declining trend in the rates.

September 2020 - Week 1 (1 - 6):

• Gold rate in Delhi opened the month of September at Rs.5,287 per gram and showed an overall incline for the week even though the price of the metal had dipped substantially compared to month’s closing price.
• The price of gold was at its lowest at the opening date, however, with the dollar value declining against other currencies, gold price hit its highest at Rs.5,461 per gram on 3 September.
• At the end of the week, a gram of gold in Delhi was priced at Rs.5,412 per gram on 6 September and recorded an overall weekly incline.

September 2020 - Week 2 (7 - 13):

• Gold price in Delhi at the start of the second week of September was Rs.5,413 per gram. When compared to the closing price of the previous week, the price of the yellow metal recorded a minimal increase of Re.1 for every gram.
• Over the week, the price of gold climbed in the national capital and recorded its highest price for the month on 11th September when a gram cost Rs.5,483.
• Gold rate in Delhi closed the week at Rs.5,439 per gram after the rate of the precious metal declined over the last two days of the week. The gold recorded an incline in the rates over the week.

September 2020 - Week 3 (14 - 20):

• A gram of gold was retailed for Rs.5,440 per gram in Delhi at the start of the third week of September. When compared to the closing price of the previous week, there was a minimal increase of Re.1
• Gold rate in Delhi climbed over the next few days and recorded its highest price for the month till date on 17th September when a gram of the 24-karat gold was retailed for Rs.5,499.
• Gold price in Delhi closed the week at Rs.5,287 per gram after the rate of the precious metal dropped on the final day of the week. The overall performance of the metal in the city remained stable.

September 2020 - Week 4 (21 - 27):

• Gold price in Delhi opened the fourth week of September at Rs.5,488 per gram on 21 September and dipped to Rs.5,477 per gram on 22 September as the value of the dollar inclined in the international market.
• On 24 September, the gold rate declined to below the Rs.5,400 per gram level at Rs.5,347 per gram. On the following day, the gold rate dipped further to Rs.5,319 per gram as the dollar value strengthened.
• The gold rate in Delhi was at its lowest on 26 September at Rs.5,103 per gram and increased marginally at the end of the week, closing at Rs.5,303 per gram, recording an overall decline.

September 2020 - Week 5 (28 - 30):

• Gold price in Delhi opened the week at Rs.5,304 per gram. There was a minimal increase in the rates when compared to the closing price of the previous week.
• Gold rate in Delhi fell by Rs.29 for every gram in the national capital on September 29 before increasing on the final day of the month and closing the month on Rs.5,336 per gram.
• The overall performance of gold rate witnessed an inclining trend in the city.

August 2020 - Week 1 (1 - 9):

• Today, on 1 August, gold rate in Delhi opened at Rs.5,481 per gram and increased through the week. Gold hit its lowest on 2 August at Rs.5,346 per gram.
• With stimulus packages being released by the United States Federal Reserve, risk appetite lowered to a great extent and the safe-haven demand of gold increased.
• Today on 9 August, gold price in Delhi hit record highs, crossing the Rs.5,900 per gram mark at Rs.5,930 per gram and closed at the same rate.

August 2020 - Week 2 (10 - 16):

• The price of gold in Delhi at the start of the second week of August was Rs.5,562 per gram. Compared to the price charged on the final day of the previous week, the rate charged for every gram was down by Rs.368.
• Gold rate in Delhi was on the downward curve over the next two days before increasing gradually. Over the week, the price fluctuated due to variety of reasons like stronger dollar, return of risk appetite etc.
• Gold price in Delhi closed the week at Rs.5,510 per gram. The overall performance witnessed an inclining trend in the rates.

August 2020 - Week 3 (17 - 23):

• Today, on 17 August, gold rate in Delhi was Rs.5,511 per gram and dipped marginally to Rs.5,510 per gram on 18 August due to market fluctuations.
• However, on the following day, the gold price in Delhi crossed the Rs.5,600 per gram mark at Rs.5,657 per gram with growing economic uncertainties. On 21 August, the gold rate dipped to below the Rs.5,600 per gram mark and was priced at Rs.5,586 per gram.
• Increasing marginally due to a rise in safe-haven demand, the price of gold in Delhi increased by Rs.10 to Rs.5,596 per gram on 22 August and closed the week at Rs.5,561 per gram.

August 2020 - Week 4 (24 - 31):

• The price of gold in Delhi at the start of the final week of August was Rs.5,562 per gram. There was a minimal increase of Re.1 when compared to the price charged on the final day of the previous week.
• Gold price in Delhi slipped over the next few days. The rate of the precious metal jumped on 28th August when a gram of the 24-karat gold cost Rs.5,521.
• Today, on 29th August, while gold rate in Delhi slipped again, it increased over the last two days of the month and closed at Rs.5,456 per gram. The gold rate overall performance witnessed an declining trend in Delhi.

July 2020- Week 1 (01 - 05):

• Gold rate in Delhi opened the month of July at Rs.4,831 per gram and showed an overall marginal incline throughout the week. On 2 July, with the surge in COVID-19 cases in the United States of America, investors shifted to the bullion market and away from riskier assets and the precious metal hit its all-time high at Rs.4,876 per gram.
• Today, on 3 July, the price of gold dipped with the United States of America showcasing positive data which prompted investors to shift back to equities with higher risk appetite. Gold price in Delhi was Rs.4,836 per gram, dipping by Rs.40 per gram.
• The value of the metal, on 4 July, remained steady on account of the American Independence Day and the metal showed little to no movement in its prices at Rs.4,836 per gram. At the end of the week, the value of the metal dipped marginally and closed at Rs.4,832 per gram with an overall weekly incline in prices.

July 2020 - Week 2 (06 - 12):

• In Delhi, gold prices opened at Rs.4,833 per gram in the second week of the month on 6 July. The value of gold had increased marginally compared to the previous week’s closing price due to the consistent rise in fresh COVID-19 cases all over the world. However, today on 7 July, the value of gold dipped and was Rs.4,811 per gram due to the value of the dollar recovering in the market. With a decreased risk appetite amongst investors, the demand for the safe-haven metal dipped.
• Today, on 8 July, price of gold in Delhi was priced at Rs.4,846 per gram with the constant rise in fresh cases all over the world which resulted in investors less interested in riskier assets and dependant on the safe-haven metal. The metal’s price on 9 July was Rs.4,871 per gram, increasing by Rs.25. With the fears of the rise in COVID-19 cases, investors shifted to the bullion market and the price of the yellow metal hit its highest on 10 July crossing the Rs.4,900 per gram mark at Rs.4,911 per gram.
• However, risk appetite amongst investors increased in the market as speculations of economic recovery lifted the demand from the bullion and shifted towards the equities market. Gold rate in Delhi was on 11 July was Rs.4,891 per gram. On the last day of the week, the price of gold recovered and crossed the Rs.4,900 per gram mark yet again, closing at Rs.4,901 per gram with investors shifting back to the bullion market due to safe-haven demand.

July 2020 - Week 3 (13 - 19):

• Gold price in Delhi opened the third week of July at Rs.4,901 per gram. There was no change in the rates when compared to the closing price of the previous week.
• Gold rate in Delhi witnessed an inclining trend over the week. Gold recorded its highest price for the month till date on 17th July when a gram cost Rs.4,916 per gram.
• The price of gold dropped the next day in Delhi before increasing and closing the week at Rs.4,911 per gram.

July 2020 - Week 4 (20 - 26):

• In Delhi, the national capital the price of gold was Rs.4,912 per gram on 20th July. Compared to the closing price of the previous week, the rates saw an increase of Re.1
• Over the week, the rates of gold witnessed an inclining trend in Delhi. The increase in the rates saw gold record its highest price for the month till date on 26th July.
• Gold price in Delhi closed the penultimate week of July at Rs.5,116 per gram.

July 2020 - Week 5 (27 - 31):

• In the National Capital, the price of gold was Rs.5,117 per gram on 27 July and showed an inclining trend throughout the week after increasing marginally compared to the previous week.
• Gold prices in Delhi increased to cross the Rs.5,200 per gram mark at Rs.5,208 per gram on 28 July.
• At the end of the week, gold rates crossed the Rs.5,300 per gram and hit its highest on 31 July at Rs.5,301 per gram, closing at the same price.

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