Today’s gold prices in India exhibited a largely stable pattern, with minor price increments observed in a few cities, while silver rates experienced a notable decline, dropping by Rs 700 per kilogram.
Gold Rates in Major Cities
In the national capital, Delhi, the cost of 10 grams of gold is currently trading at Rs. 60,150, with 22-carat gold available at Rs. 55,150. Meanwhile, silver rates have fallen to Rs 74,000 per kilogram.
City-specific Gold Prices
Ahmedabad, Gujarat, recorded a retail price of Rs 55,050 for 22-carat gold, while 24-carat gold is priced at Rs 60,050 per 10 grams.
Chennai, the capital of Tamil Nadu, witnessed 22-carat gold rates at Rs 55,300 per 10 grams, with the retail price for 24-carat gold standing at Rs 60,330 per 10 grams.
Gold Rates in Other Major Cities
Mumbai: 22-carat gold – Rs 55,000 | 24-carat gold – Rs 60,000
Gurugram: 22-carat gold – Rs 55,150 | 24-carat gold – Rs 60,200
Kolkata: 22-carat gold – Rs 55,000 | 24-carat gold – Rs 60,000
Lucknow: 22-carat gold – Rs 55,150 | 24-carat gold – Rs 60,200
Bangalore: 22-carat gold – Rs 55,000 | 24-carat gold – Rs 60,000
Jaipur: 22-carat gold – Rs 55,150 | 24-carat gold – Rs 60,200
Patna: 22-carat gold – Rs 55,050 | 24-carat gold – Rs 60,050
Bhubaneswar: 22-carat gold – Rs 55,000 | 24-carat gold – Rs 60,000
Hyderabad: 22-carat gold – Rs 55,000 | 24-carat gold – Rs 60,000
Factors Influencing Gold Prices: The price of gold is primarily driven by supply and demand dynamics within the market. Increased demand generally leads to higher prices, while elevated supply tends to lower prices. Additionally, global economic conditions play a significant role in gold price fluctuations. When the global economy faces uncertainty, gold often serves as a safe-haven asset, boosting its value.
