Gold charge in the present day in India on February 24, 2024: India is the biggest importer of gold, which primarily caters to the demand of the jewelry business. (Representative picture)
Gold charge in the present day in India: On February 24, there was an increase in retail gold costs throughout varied cities in spot market
Gold Rate Today In India: As of February 24, 2024, a rise in gold costs was noticed throughout completely different cities in India. The common charge for 10 grams remained round Rs 62,950. To present a broader perspective, the typical value of 10 grams of 24-carat gold was roughly Rs 62,950, whereas the corresponding quantity for 22-carat gold stood at Rs 57,700.
On the opposite hand, the silver market displayed a constant downward pattern, reaching Rs 74,900 per kilogram.
Gold charge in the present day in India: Retail gold value on February 24
Gold Rate Today In Delhi
In Delhi, folks should spend Rs 57,850 for 10 grams of twenty-two-carat gold and Rs 63,100 for a similar quantity of 24-carat gold.
Gold Price Today In Mumbai
In Mumbai, 10 grams of twenty-two-carat gold is presently priced at Rs 57,700, whereas the identical quantity of 24-carat gold is valued at Rs 62,950.
Gold Rate Today In ChennaiÂ
In Chennai, the worth for 10 grams of twenty-two-carat gold is Rs 58,200, and for a similar quantity of 24-carat gold, it’s Rs 63,490.
Check gold charges in the present day in numerous cities on February 24, 2024; (In Rs/10 grams)
| City | 22 Carat Gold Price | 24 Carat Gold Price |
| Ahmedabad | 57,750 | 63,000 |
| Kolkata | 57,700 | 62,950 |
| Gurugram | 57,850 | 63,100 |
| Lucknow | 57,850 | 63,100 |
| Bengaluru | 57,700 | 62,950 |
| Jaipur | 57,850 | 63,100 |
| Patna | 57,750 | 62,770 |
| Bhubaneshwar | 57,700 | 62,950 |
| Hyderabad | 57,700 | 62,950 |
Multi Commodity Exchange
The MCX remained closed on Saturday.
The retail price of gold within the nation is the quantity prospects pay for it. This value is influenced by varied components, together with the worldwide gold value, the worth of the Rupee, and the prices related to labour and supplies used within the manufacturing of gold jewelry.
Gold is extremely vital in India due to its cultural significance, its worth for funding, and its conventional position in weddings and festivals.
2024 Outlook: Rs 70,000 Per 10 Grams Gold Price
According to the All India Gem and Jewellery Domestic Council (GJC), they’ve lately acknowledged that prevailing international financial uncertainties and geopolitical tensions are anticipated to propel gold costs to a historic excessive of Rs 70,000 per 10 grams within the upcoming 12 months. This trajectory underscores gold’s standing as a reliable funding and a useful hedge in opposition to inflation.
