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Gold Price Falls Today In India: Check 22 Carat Rate In Your City On October 28 – News18

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Gold Rate Today In India: Get the newest updates on gold costs from cities throughout. Stay knowledgeable with real-time charges.

Gold Price Today.

Gold Rate Today: On October 28, gold prices in India have been above Rs 80,000 per 10 grams. The value of 24-carat gold, identified for its highest purity, stood at Rs 80,430 per 10 grams. For jewelry consumers, 22-carat gold, which is extra sturdy resulting from its alloy composition, was priced at Rs 73,740 per 10 grams.

Silver Rate Today

Silver, then again, was buying and selling at Rs 97,900 per kilogram.

Gold Rate Today In India: Retail Gold Price On October 28

Check gold costs at the moment in numerous cities on October 28, 2024; (In Rs 10/gram)

City 22 Carat Gold Rate Today 24 Carat Gold Rate Today
Delhi 73,740 80,430
Mumbai 73,150 79,800
Ahmedabad 73,640 80,330
Chennai 73,150 79,800
Kolkata 73,150 79,800
Pune 73,150 79,800
Lucknow 73,740 80,430
Bengaluru 73,150 79,800
Jaipur 73,740 80,430
Patna 73,640 80,330
Bhubaneshwar 73,150 79,800
Hyderabad 73,150 79,800

In July, gold and silver costs corrected sharply by 7 per cent within the native markets after the federal government slashed fundamental customs responsibility on gold and different metals.

However, the bullion costs rebounded as demand from Indian customers elevated resulting from ongoing festivals, expectations of price cuts within the US and flare up in geopolitical tensions.

Retail Cost of Gold in India

What Is The Retail Price Of Gold Per Gram?

Gold value per gram refers to the price of a single gram of gold, sometimes expressed in a forex like Indian Rupees. This value fluctuates every day primarily based on a number of elements, together with financial situations, geopolitical occasions, and supply-demand dynamics.

In India, the retail value of gold, the ultimate value customers pay, is influenced by extra than simply its market worth. Various elements, similar to import duties, taxes, and forex trade charges, play a big position.

Gold holds deep cultural significance in India, serving as a preferred funding and enjoying a central position in weddings and festivals.

As market situations evolve, buyers and merchants carefully monitor these traits. Stay tuned for additional updates.

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