Gold Price Today in India: Precious metal’s rate down Rs 10 per unit | Check citywise list

Gold Price Today in India:  Precious metal’s rate down Rs 10 per unit | Check citywise list

New Delhi: Gold price today in India was down by Rs 10 per unit to Rs 72,370 per 10 gram. The price of 22-carat gold stood at Rs 66,340 per 10 gm. While, the price of 18-carat gold was at Rs 54,280 per 10 gm on Monday. Whereas, silver price today in India was also down by Rs 100 per unit and stood at Rs 91,900 per kg.

Gold and silver prices in key cities today

City
24 Carat Gold Price (in Rs/gm)
Silver Prices (in Rs/kg)

Delhi
72520
91900

Mumbai
72370
91000

Bengaluru
72370
91150

Chennai
73030
96400

Kolkata
72370
91900

Pune
72370
91900

Ahmedabad
72420
91900

Hyderabad
72370
96400

Gold Price US

Gold price today in the US was slightly up  as investors await more insights on the country’s economic data from the Federal Reserve this week. Investors are also looking for Fed’s officials comments on timeline of interest rate cuts in the US. Currently, benchmark interest rate in Washington is in the range of 5.25 per cent to 5.50 per cent.

Gold Demand India

The demand for the yellow metal had largely remained muted last week owing to the absence of the festive season in India, currently. Although, as per latest figures as released by the World Gold Council (WGC),  gold demand in India increased eight per cent year-on-year (YoY) to 136.6 tonnes in Q4 FY24. India is the second largest gold consumer in the world.

Gold Price India

Price of the precious metal in India are currently near all time high levels. Gold had made its all-time high of Rs 74,050 per 10 gm on May 16, 2024. According to insights from the WGC, the commodity is expected to become more costlier in coming times, as one of its recent surveys highlighted intent of central banks of various countries all around the world  to continue piling up of gold reserves. It is to noted that the central banks all around the world have been buying more and more units of the precious metals continuously for last two years or so.

 Gold Price Today in India stood at Rs 72,370 per 10 gram (24 carat). Gold Price Today in Mumbai stood at Rs 72,370 per 10 gram (24 carat). Gold Price Today in Delhi stood at Rs 72,520 per 10 gram (24 carat).  Personal Finance Business News – Personal Finance News, Share Market News, BSE/NSE News, Stock Exchange News Today