The gold rate refers to the current price of gold in the market. Gold rate is determined by various factors such as supply and demand, economic conditions, and geopolitical events. It is usually quoted in terms of price per ounce or per gram. Gold rates fluctuate throughout the day and can vary between different regions and countries. Investors and traders closely monitor gold rates as it is considered a safe haven investment during times of economic uncertainty. For example, the gold rate in the United States may be different from the gold rate in India due to currency exchange rates and import/export policies.

Kalyan Jewellers Interview Questions: What is gold rate

Asked inKalyan Jewellers,Executive Sales Trainer

What is gold rate

AnswerBot

The gold rate refers to the current price of gold in the market.

Gold rate is determined by various factors such as supply and demand, economic conditions, and geopolitical events.
It is usually quoted ...read more

Payel Shil

3mo

The gold rates in oscillate daily due to different factors such as demand and supply of gold, inflation, and rupee-dollar valuation.

Anonymous

author

Sir gold rate 63100 10 GM h

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