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Category: Gold News

Gold Price Rises In India: Check 24 Carat Rate In Your City On March 12

Gold Rate in India Today: The price of gold in India today is Rs 60,740 per 10 gram for 22 karat gold. The price of 22-carat gold also dropped Rs 10 with the yellow metal selling at Rs 60,740.

Gold rate today in India: Retail gold price on March 10

The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 66,260.

In Delhi, Bengaluru, and Chennai, the price of ten grams of 24-carat gold stood at Rs 66,410, Rs 66,260, and Rs 67,090, respectively.

In Mumbai, the price of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 60,740.

The price of one kilogram of silver in Delhi, Mumbai, and Kolkata stood at Rs 75,500.

The gold price today in Pune is Rs 6074 per gram for 22 karat gold and Rs 6626 per gram for 24 karat gold.

The gold price today in Surat is Rs 6079 per gram for 22 karat gold and ₹ 6631 per gram for 24 karat gold.

Check gold rates today in different cities on March 12, 2024; (In Rs/10 grams)

City 22 Carat Gold Price 24-Carat Gold Price
Chennai 61,500 67,100
Kolkata 60,750 66,270
Gurugram 60,900 66,420
Lucknow 60,900 66,420
Bengaluru 60,750 66,270
Jaipur 60,900 66,420
Patna 60,800 66,320
Bhubaneshwar 60,750 66,270
Hyderabad 60,750 66,270

Retail Cost of Gold

The retail price of gold in India, often referred to as the gold rate, is the final cost per unit weight that customers pay when purchasing gold. This price is influenced by several factors beyond the inherent value of the metal itself.

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Gold is highly important in India because of its cultural significance, its value for investment, and its traditional role in weddings and festivals.

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  • 2024 Outlook

    As per the recent statement from the All India Gem and Jewellery Domestic Council (GJC), they anticipate that ongoing global economic uncertainties and geopolitical tensions will drive gold prices to reach a historic peak of Rs 70,000 per 10 grams in the coming year. This projection highlights gold’s role as a reliable investment and a valuable safeguard against inflation.

    Aparna DebAparna Deb is a Subeditor and writes for the business vertical of News18.com. Sh…Read More

    first published: March 12, 2024, 09:22 IST

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