Gold Price Today In India: The price of gold in the retail market in India fell below Rs 60,000 in many cities on 27 June. The price of 10 grams of 24 carat gold was Rs 59,180. 22 carat gold price is Rs 54,350
Gold Price Today In India: The price of gold in the retail market in India fell below Rs 60,000 in many cities on 27 June. The price of 10 grams of 24 carat gold was Rs 59,180. The cost of 22 carat gold is Rs 54,350. Whereas the price of silver was Rs 70,900 per kg. If we talk about other cities then the retail price of 22 carat gold in Ahmedabad was Rs.54,400. At the same time, the retail price of 24 carat gold is trading at Rs 59,330 per 10 grams.
Here is the price in other cities
In Chennai, 22 carat gold was priced at Rs 54,700 per 10 grams. The retail price of 24K gold in the Tamil Nadu capital is Rs 59,670 per 10 grams. In Coimbatore too, gold prices in both the categories remained the same. The price of 22 carat gold in Noida was Rs 54,500 per 10 grams. For 24 carat, customers will have to pay Rs 59,430 per 10 grams.
Gold rate on mcx
On June 27, gold futures maturing on August 04, 2023, was trading at Rs 58,515 on the Multi Commodity Exchange. Whereas the silver maturing on July 05 was at Rs 69,469.
| City | 22 carat 10 gram gold price in rupees | 24 carat 10 gram gold price in rupees |
| Delhi | 54,500 | 59,430 |
| Mumbai | 54,250 | 59,180 |
| Kolkata | 54,350 | 59,180 |
| Lucknow | 54,500 | 59,430 |
| Bangalore | 54,350 | 59,280 |
| Jaipur | 54,500 | 59,430 |
| Patna | 54,400 | 59,330 |
| Bhubaneswar | 54,350 | 59,180 |
| Hyderabad | 54,350 | 59,180 |
Gold prices are fixed on this basis
Demand and Supply: 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.
