On October 6, 2024, gold prices in India saw a notable increase. The cost of 24-carat gold, known for its highest purity, stood at ₹77,670 per 10 grams, while 22-carat gold, preferred for jewelry due to its durability, was priced at ₹71,200 per 10 grams. Overall, the gold price per 10 grams hovered around ₹77,000.
Gold Prices Today in Different Cities (as of October 6, 2024)
Here’s a quick look at the 22-carat and 24-carat gold rates in various cities (in ₹ per 10 grams):
| City | 22 Carat Gold Rate | 24 Carat Gold Rate |
|---|---|---|
| Delhi | 71,350 | 77,820 |
| Mumbai | 71,200 | 77,670 |
| Ahmedabad | 71,250 | 77,720 |
| Chennai | 71,200 | 77,670 |
| Kolkata | 71,200 | 77,670 |
| Gurugram | 71,350 | 77,820 |
| Lucknow | 71,350 | 77,820 |
| Bengaluru | 71,200 | 77,670 |
| Jaipur | 71,350 | 77,820 |
| Patna | 71,250 | 77,720 |
| Bhubaneswar | 71,200 | 77,670 |
| Hyderabad | 71,200 | 77,670 |
Understanding Retail Gold Prices
The retail price of gold reflects the cost per gram, which can fluctuate daily due to a variety of factors such as economic conditions, geopolitical events, and supply and demand dynamics. In India, gold holds significant cultural value, serving as a key investment and a traditional staple in weddings and festivals.
As market conditions evolve, investors and traders closely monitor these trends. Stay tuned for further updates on gold prices and market movements!