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

Last Updated:

For jewelry consumers, 22-carat gold, which is extra sturdy because of 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 costs in India had been round Rs 77,000 per 10 grams. The value of 24-carat gold, identified for its highest purity, stood at Rs 77,390 per 10 grams. For jewelry consumers, 22-carat gold, which is extra sturdy because of 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, however, was buying and selling at Rs 96,800 per kilogram.

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

Check gold costs as we speak in several 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 value per gram is the price of one gram of gold. It’s usually expressed in a selected forex (e.g., Indian Rupees). The value can fluctuate day by day because of varied elements, together with financial circumstances, geopolitical occasions, and provide and demand.

The retail value of gold in India, which represents the ultimate price per unit weight for customers, is formed by a number of elements past its intrinsic worth.

Gold is deeply embedded in Indian tradition, performing as a key funding and holding important significance in conventional weddings and festivals.

As market circumstances shift, buyers and merchants carefully watch these developments. Stay tuned for extra updates on this creating story.

Ella Bennet
Ella Bennet
Ella Bennet brings a fresh perspective to the world of journalism, combining her youthful energy with a keen eye for detail. Her passion for storytelling and commitment to delivering reliable information make her a trusted voice in the industry. Whether she’s unraveling complex issues or highlighting inspiring stories, her writing resonates with readers, drawing them in with clarity and depth.
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