Gold prices in India today are seen on an upswing as they hit a new peak on October 24, 2024. The festive season and wedding season have seen the demand pushing a steady rally in the past week. Now, this 24-carat gold is at Rs 80,080 per 10 grams, and 22-carat gold was at Rs 73,410 per 10 grams.
Today, anyone looking to buy gold should not miss out on these rates, because they are set to change with the market flow.Gold prices have stabilized in major cities such as Delhi, Mumbai, and Chennai compared with national levels. The gold rate today in India is at Rs 80,230 per 10 grams for 24-carat gold in Delhi, marginally more than other cities mainly due to local taxes and demand. Silver is also witnessing a peak, which touched Rs 1,02,100 per kilogram.
One of the main causes for these hikes during the festival season is the increasing demand. Others are import duties and global economic factors. The current rate of gold today in India is around the cost of the metal plus taxes and other charges that vary from city to city. So, for instance, consumers in Jaipur and Lucknow will see a minimum variation in gold rates, while 22-carat gold costs Rs 73,560 per 10 grams, and 24-carat costs Rs 80,230.
Experts claim that rising domestic demand and geopolitics along with US interest rate expectations are the reasons behind the growing gold rates lately. Prices always reflect the trends of such international factors, especially during festive seasons, as buyers rush to purchase the precious metal. Since prices went no lower, perhaps it is a good time to buy for consumers while keeping updated on the latest rates.
Gold prices in India today across different cities
These are the gold prices in leading cities in India for 24th October, 2024:-
Delhi: 22 carat costs Rs 73,560 for 10 grams whereas 24-carat costs Rs 80,230 for 10 grams.
Mumbai: 22-carat costs Rs 73,410 for 10 grams while 24-carat costs Rs 80,080 for 10 grams.
Ahmedabad: 22-carat rate in the rate at Rs 73,460 per 10 grams while 24-carat at Rs 80,130 for 10 grams.
Chennai: 22-carat is registered at Rs 73,410 per 10 grams and 24-carat at Rs 80,080 per 10 grams.
Kolkata: 22-carat stands at Rs 73,410 for 10 grams while 24-carat stands at Rs 80,080 for 10 grams.
Pune: 22-carat gold costs Rs 73,410 per 10 grams. 24-carat gold is at Rs 80,080 per 10 grams.
Lucknow: 22-carat gold: Rs 73,560 per 10 grams; 24-carat gold: Rs 80,230 per 10 grams-
Bengaluru: 22 carat gold: Rs 73,410 per 10 grams; 24-carat gold: Rs 80,080 per 10 grams.
Jaipur: 22-carat gold is priced at Rs 73,560 per 10 grams while for 24-carat gold, it costs Rs 80,200 per 10 grams.-
Patna: Gold price for 22-carat is Rs 73,460 per 10 grams. That for 24-carat stands at Rs 80,130 per 10 grams.
Bhubaneswar: 22-carat gold costs Rs 73,410 per 10 grams while that of 24-carat gold is Rs 80,080 per 10 grams.
Hyderabad: The prices are pegged at Rs 73,410 for 22-carat gold in 10 grams and 24-carat gold at Rs 80,080 for 10 grams.
The city’s demand and regional factors have brought the prices down.
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