GOLD PRICE FALLS IN INDIA: CHECK 22 CARAT RATE IN YOUR CITY ON JUNE 24

Gold Rate Today In India: On June 24, the price of 10 grams of gold hovered around Rs 72,000. Pure 24-carat gold was valued at Rs 72,370 per 10 grams, whereas 22-carat gold was priced at Rs 66,340 per 10 grams. Meanwhile, the price of silver fell to Rs 91,900 per kilogram.

Gold rate today in India: Retail gold price on June 24

Check gold rates today in different cities on June 24, 2024; (In Rs/10 grams)

City 22 Carat Gold Price 24-Carat Gold Price
Delhi 66,490 72,520
Mumbai 66,340 72,370
Ahmedabad 66,390 72,420
Chennai 66,940 73,030
Kolkata 66,340 72,370
Gurugram 66,490 72,520
Lucknow 66,490 72,520
Bengaluru 66,340 72,370
Jaipur 66,490 72,520
Patna 66,390 72,420
Bhubaneshwar 66,340 72,370
Hyderabad 66,340 72,370

Multi Commodity Exchange

On June 20, 2024, the Multi Commodity Exchange (MCX) saw active trading in gold futures contracts expiring on August 05, 2024, at Rs 71,683 per 10 grams. Silver futures contracts expiring on July 5, 2024, were quoted at Rs 89,006 on the MCX.

India’s reliance on imported gold largely influences domestic prices, which closely mirror global trends. Additionally, the cultural importance of gold in India, particularly during festivals and weddings, can impact demand levels.

Retail Cost of Gold

The retail price of gold in India, which represents the final cost per unit weight for consumers, is influenced by various factors beyond the metal’s intrinsic value.

Gold carries significant cultural importance in India, acting as a major investment and playing a crucial role in traditional weddings and festivals.

Amid continuous market fluctuations, investors and traders closely watch these dynamics. Stay tuned for further updates on this evolving story.

2024-06-24T04:14:13Z dg43tfdfdgfd