Gold Prices Today: On this Saturday, gold prices are trading at INR 59,500 across India. In Delhi, the rate for 10 grams of 22 carat gold is INR 54,650, while 24 carat gold is priced at INR 59,600. The silver price stands at INR 75,300, showing a decline.
Delhi:
Delhi reports a 22 carat gold price of INR 54,650 per 10 grams, and customers seeking 24 carat gold need to pay INR 59,600 for the same quantity.
Ahmedabad:
In Ahmedabad, Gujarat, the retail price for 10 grams of 22 carat gold is INR 54,550, and for 24 carat gold, it’s INR 59,500.
Chennai:
Chennai presents a 22K gold price of INR 54,740 per 10 grams, while 24 carat gold in this Tamil Nadu capital is priced at INR 59,730 for the same quantity.
Major City Gold Rates:
| City | 22 Carat 10g Gold Rate (Rs) | 24 Carat 10g Gold Rate (Rs) |
|---|---|---|
| Mumbai | 54,500 | 59,450 |
| Gurugram | 54,450 | 59,600 |
| Kolkata | 54,500 | 59,450 |
| Lucknow | 54,650 | 59,600 |
| Bangalore | 54,650 | 59,450 |
| Jaipur | 54,650 | 59,600 |
| Patna | 54,550 | 59,500 |
| Bhubaneswar | 54,500 | 59,450 |
| Hyderabad | 54,500 | 59,450 |
Factors Influencing Gold Prices: Gold prices are primarily shaped by supply-demand dynamics. When demand surges, rates rise; increased supply leads to price drops. Global economic conditions also play a vital role. Economic uncertainty often raises gold prices as it’s seen as a safe investment during troubled times.
Bulk Deals Update: Motilal Oswal MF’s acquisition of shares worth 754.4 crore in Jio Financial marks a significant deal in the current week. Stay informed about major market movements.
