On June 24, the price of 10 grams of gold in India remained around Rs 72,000. Pure 24-carat gold was valued at Rs 72,370 per 10 grams, while 22-carat gold was priced at Rs 66,340 per 10 grams. In contrast, the price of silver dropped to Rs 91,900 per kilogram, according to a report.
Today's Retail Gold Prices in Different Cities (In Rs/10 grams):
| City | 22-Carat Gold Price | 24-Carat Gold Price |
|---|---|---|
| Delhi | 66,490 | 72,520 |
| Mumbai | 66,340 | 72,370 |
| Ahmedabad | 66,390 | 72,420 |
| Chennai | 66,940 | 73,030 |
| Kolkata | 66,340 | 72,370 |
| Gurugram | 66,490 | 72,520 |
| Lucknow | 66,490 | 72,520 |
| Bengaluru | 66,340 | 72,370 |
| Jaipur | 66,490 | 72,520 |
| Patna | 66,390 | 72,420 |
| Bhubaneswar | 66,340 | 72,370 |
| Hyderabad | 66,340 | 72,370 |
Multi Commodity Exchange (MCX) Prices:
On June 20, 2024, active trading on the Multi Commodity Exchange (MCX) saw gold futures contracts expiring on August 05, 2024, priced at Rs 71,683 per 10 grams. Silver futures contracts expiring on July 5, 2024, were quoted at Rs 89,006 per kilogram.
Factors Influencing Gold Prices in India:
India's reliance on imported gold significantly impacts domestic prices, which closely follow global trends. The cultural significance of gold in India, especially during festivals and weddings, also influences demand and pricing.
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