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Gold Price Rises Today In India: Check 22 Carat Rate In Your City On October 27 – News18

Last Updated:

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

Gold Rate Today In India.

Gold Rate Today: On October 27, gold prices in India have been above Rs 80,000 per 10 grams. The worth of 24-carat gold, identified for its highest purity, stood at Rs 80,440 per 10 grams. For jewelry patrons, 22-carat gold, which is extra sturdy as a result of its alloy composition, was priced at Rs 73,750 per 10 grams.

Silver Rate Today

Silver, however, was buying and selling at Rs 98,000 per kilogram.

According to analysts, the newest Israeli strikes on Iran have additional raised considerations in West Asia and can push the costs of gold and silver upwards.

Gold Rate Today In India: Retail Gold Price On October 27

Check gold costs at this time in several cities on October 27, 2024; (In Rs 10/gram)

City 22 Carat Gold Rate Today 24 Carat Gold Rate Today
Delhi 73,750 80,440
Mumbai 73,600 73,600
Ahmedabad 73,650 80,340
Chennai 73,600 73,600
Kolkata 73,600 73,600
Pune 73,600 73,600
Lucknow 73,750 80,440
Bengaluru 73,600 73,600
Jaipur 73,750 80,440
Patna 73,650 80,340
Bhubaneshwar 73,600 73,600
Hyderabad 73,600 73,600

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 shoppers elevated as a result of 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 worth per gram refers to the price of a single gram of gold, sometimes expressed in a forex like Indian Rupees. This worth fluctuates every day based mostly on a number of components, together with financial situations, geopolitical occasions, and supply-demand dynamics.

In India, the retail worth of gold, the ultimate price shoppers pay, is influenced by extra than simply its market worth. Various components, comparable to import duties, taxes, and forex change charges, play a big function.

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

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

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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