Gold Price Falls In India: Check 22 Carat Rate In Your City On April 24

Gold Rate Today In India: Declining for the second day in a row, gold prices tumbled by Rs 1,450 to Rs 72,200 per 10 grams in the local market in Delhi due to profit-taking by traders and weak global trends. Silver prices also tanked by Rs 2,300 per kg.

Gold prices dipped further amid easing tension in the Middle East and signs that the US Federal Reserve will keep rates higher for longer, crimping demand.

On April 24, the rate for 10 grams of gold remained at around Rs 73,000. Pure gold (24-carat) was trading at Rs 72,150 per 10 grams, whereas 22-carat gold was valued at approximately Rs 66,140.

Simultaneously, the silver market experienced a downward trajectory, reaching Rs 82,900 per kilogram.

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

Gold Rate Today In Mumbai 22 Carat

Currently in Mumbai, the price of 10 grams of 22-carat gold stands at Rs 66,140, while the equivalent amount of 24-carat gold is valued at Rs 72,150.

Gold Rate Today In Delhi

As of April 24, 2024, the price of 10 grams of 22-carat gold in Delhi is approximately Rs 66,290, while the rate for 10 grams of 24-carat gold stands at roughly Rs 72,300.

Gold Rate Today In Ahmedabad

In Ahmedabad, the price for 10 grams of 22-carat gold is Rs 66,190, and for the same amount of 24-carat gold, it’s Rs 72,200.

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

Multi Commodity Exchange

On April 24, 2024, the MCX saw active trading in gold futures contracts expiring on June 5, 2024. These contracts were priced at Rs 71,070 per 10 grams. Additionally, silver futures contracts expiring on May 3, 2024, were quoted at Rs 80,998 on the MCX.

Investors and traders kept a close eye on these developments amidst the continuing market fluctuations. Stay tuned for more updates on this unfolding narrative.

Retail Cost of Gold

The gold price in India, often referred to as the retail gold price, reflects the final cost per unit weight paid by consumers when purchasing gold. This price is influenced by numerous factors beyond the inherent value of the metal.

Gold carries great significance in India because of its cultural importance, its role as a valuable investment, and its traditional connection with weddings and festivals.