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Gold Rate Today In India: Check 22 and 24 carat gold costs in numerous cities on December 14, 2024
Gold Rate Today In India: Gold costs in India eased marginally on December 14, Saturday, consistent with the worldwide pattern. The price of 24-carat gold, identified for its superior purity, was Rs 79,010 per 10 grams, making it a most popular alternative for traders. Meanwhile, 22-carat gold, valued for its sturdiness and extensively utilized in jewelry, was priced at Rs 72,440 per 10 grams, persevering with to be standard with jewelry patrons.
Silver, however, was buying and selling at Rs 93,400 per kilogram.
Today Gold Rate: Retail Gold Price On December 14
Check gold costs in numerous cities on December 14, 2024; (In Rs 10/gram)
City | 22 Carat Gold Rate Today | 24 Carat Gold Rate Today |
Delhi | 72,440 | 79,010 |
Mumbai | 72,290 | 78,860 |
Ahmedabad | 72,340 | 78,910 |
Chennai | 72,290 | 78,860 |
Kolkata | 72,290 | 78,860 |
Pune | 72,290 | 78,860 |
Lucknow | 72,440 | 79,010 |
Bengaluru | 72,290 | 78,860 |
Jaipur | 72,440 | 79,010 |
Patna | 72,340 | 78,910 |
Bhubaneshwar | 72,290 | 78,860 |
Hyderabad | 72,290 | 78,860 |
The MCX remained closed on Saturday, because the commodities trade stays closed on each Saturday and Sunday.
In the worldwide market, gold was marginally down at $2,648.5 an oz, whereas silver was barely down at $30.62.
“Gold is within the highlight with a 20.8 per cent return in 2024 with a report excessive of Rs 79,700. In 2025, it could achieve an additional 15-18 per cent. Based on basic and technical components, traders can improve their allocation weightage of 5-8% in gold and 10-15% in silver within the general portfolio,” stated Pranay Aggarwal, CEO of low cost dealer Stoxkart.
What Is the Retail Price of Gold Per Gram?
The retail worth of gold per gram represents the fee customers pay for a single gram of gold, sometimes quoted in Indian Rupees. This price varies each day and is influenced by world financial developments, geopolitical occasions, and the steadiness of provide and demand.
What Factors Influence Gold Prices in India?
In India, gold costs are formed by worldwide market charges, import duties, taxes, and foreign money trade fluctuations. These components collectively decide the each day gold charges throughout the nation.
Gold has deep cultural and monetary significance in India. It is a most popular funding possibility and is vital in celebrations, notably throughout weddings and festivals.
As market dynamics evolve, traders and merchants carefully monitor these shifts. Staying knowledgeable is important for successfully navigating the ever-changing developments.