Gold Rate Rises In India: Check 24 Carat Price In Your City On October 16 – News18

Gold Rate Rises In India: Check 24 Carat Price In Your City On October 16 – News18


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For jewellery buyers, 22-carat gold, which is more durable due to its alloy composition, was priced at Rs 70,940 per 10 grams.

Gold Rate Today In India.

Gold Rate Today In India: On October 16, gold prices in India were around Rs 77,000 per 10 grams. The price of 24-carat gold, known for its highest purity, stood at Rs 77,390 per 10 grams. For jewellery buyers, 22-carat gold, which is more durable due to its alloy composition, was priced at Rs 70,940 per 10 grams.

Also Read: Gold Hits All-Time High of Rs 76,700: Why Are Bullion Prices Rising in India?

Silver, on the other hand, was trading at Rs 96,800 per kilogram.

Gold Rate Today In India: Retail Gold Price On October 16

Check gold prices today in different cities on October 16, 2024; (In Rs 10/gram)

City 22 Carat Gold Rate Today 24 Carat Gold Rate Today
Delhi 71,090 77,540
Mumbai 70,940 77,390
Ahmedabad 71,080 77,440
Chennai 70,940 77,390
Kolkata 70,940 77,390
Pune 70,940 77,390
Lucknow 71,090 77,540
Bengaluru 70,950 77,390
Jaipur 71,090 77,540
Patna 71,090 77,450
Bhubaneshwar 70,950 77,390
Hyderabad 70,940 77,390

Retail Cost of Gold in India

What Is The Retail Price Of Gold Per Gram?

Gold price per gram is the cost of one gram of gold. It’s typically expressed in a specific currency (e.g., Indian Rupees). The price can fluctuate daily due to various factors, including economic conditions, geopolitical events, and supply and demand.

The retail price of gold in India, which represents the final cost per unit weight for consumers, is shaped by multiple factors beyond its intrinsic value.

Gold is deeply embedded in Indian culture, acting as a key investment and holding significant importance in traditional weddings and festivals.

As market conditions shift, investors and traders closely watch these trends. Stay tuned for more updates on this developing story.



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