Gold price as we speak in India on February 25, 2024: India is the biggest importer of gold, which primarily caters to the demand of the jewelry trade. (Representative picture)
Gold Rate Today: The retail price of gold within the nation is the quantity prospects pay for it.
Gold Rate Today In India: February 25, 2024, witnessed fluctuations in gold costs throughout varied cities in India. The commonplace worth for 10 grams remained comparatively secure, hovering round Rs 62,000. Broadening the comparability, the typical worth for 10 grams of 24-carat gold stood at roughly Rs 62,950, whereas for 22-carat gold, it was Rs 57,700.
At the identical time, the silver market displayed a constant upward pattern, reaching Rs 74,900 per kilogram.
Gold price as we speak in India: Retail gold worth on February 25
Gold Rate Today In Mumbai 22 Carat & 24 Carat
Currently in Mumbai, the worth of 10 grams of twenty-two-carat gold stands at Rs 57,700, whereas the equal quantity of 24-carat gold is valued at Rs 62,950.
Gold Rate Today In Delhi
In Delhi, people are required to allocate Rs 57,850 for 10 grams of twenty-two-carat gold and Rs 63,100 for an identical quantity of 24-carat gold.
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 as we speak in numerous cities on February 25, 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
On February 23, 2024, the futures for gold set to run out on April 05 had been actively traded at Rs 62,325 on the Multi Commodity Exchange. Furthermore, silver futures with a March 05, 2024 expiration date had been quoted at Rs 70,450.
Retail Cost of Gold
The retail price of gold within the nation is the quantity prospects pay for it. This worth is influenced by varied elements, together with the worldwide gold worth, the worth of the Rupee, and the prices related to labour and supplies used within the manufacturing of gold jewelry.
Gold is extremely essential 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 not too long ago acknowledged that prevailing world 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 yr. This trajectory underscores gold’s standing as a reliable funding and a precious hedge in opposition to inflation.