Gold Rate Today: The rate of gold continues to rise steadily. Retail gold price in India is trading above Rs 59,000 in many cities on 12th July. Gold price for 10 grams of 24K is Rs.59,620 in Delhi. 22 carat gold price is Rs 54,650
Gold Rate Today: The rate of gold continues to rise steadily. Retail gold price in India is trading above Rs 59,000 in many cities on 12th July. Gold price for 10 grams of 24K is Rs.59,620 in Delhi. The cost of 22 carat gold is Rs 54,650. Whereas, the price of silver stood at Rs 73,600 per kg. Know here what is the rate of gold going on in different states of the country on July 12.
Gold rate in Ahmedabad
Talking about other cities of the country, the retail price of 22 carat gold in Gujarat’s Ahmedabad is Rs 54,500 and the price of 24 carat gold is Rs 59,460 per 10 grams.
Gold rate in Noida
The price of 22 carat gold in Noida was Rs 54,600 per 10 grams. For 24 carat, customers will have to pay Rs 59,5600 per 10 grams.
Gold rate in Chennai
In Chennai, 22 carat gold was priced at Rs 54,820 per 10 grams. The retail price of 24 carat gold in Tamil Nadu’s capital Chennai is Rs 59,800 per 10 grams.
Gold rate in Patna
The price of 22 carat gold in Patna was Rs 54,500 per 10 grams. For 24 carat, customers will have to pay Rs 59,460 per 10 grams.
Gold rate in Lucknow
In Lucknow, the price of 22 carat gold was Rs.54,600 per 10 grams. For 24 carat, customers will have to pay Rs 59,560 per 10 grams.
Here is the rate of 24 and 22 carat gold in these cities
| City | 22 carat 10 gram gold price in rupees | 24 carat 10 gram gold price in rupees |
| Delhi | 54,600 | 59,560 |
| Mumbai | 54,650 | 59,620 |
| Kolkata | 54,650 | 59,620 |
| Lucknow | 54,600 | 59,560 |
| Bangalore | 54,650 | 59,620 |
| Jaipur | 54,600 | 59,560 |
| Patna | 54,500 | 59,460 |
| Bhubaneswar | 54,650 | 59,620 |
| Hyderabad | 54,650 | 59,620 |
Gold prices are fixed on this basis
The price of gold is largely determined by the demand and supply of gold in the market. If the demand for gold increases, the rate will also increase. If the supply of gold increases, the price will decrease. The price of gold is also affected by global economic conditions. For example, if the global economy is performing poorly, investors will look to gold as a safe haven. This will increase the price of gold.
