Gold charge in the present day in India on March 5, 2024. (Representative picture)
Gold Rate Today: In Ahmedabad, the value for 10 grams of twenty-two-carat gold is Rs 59,500
Gold Rate Today In India: On March 5, 2024, gold charges in India skilled fluctuations. However, the elemental worth for 10 grams went up, staying near Rs 65,000. An in depth examination revealed that the common worth for 10 grams of 24-carat gold was roughly Rs 64,850, whereas 22-carat gold averaged round Rs 59,450.
At the identical time, the silver market displayed an upward development, reaching Rs 74,700 per kilogram.
Gold charge in the present day in India: Retail gold worth on March 5
Gold Rate Today In Delhi
As of March 5, 2024, in Delhi, the present worth for 10 grams of twenty-two-carat gold is roughly Rs 59,600, whereas 10 grams of 24-carat gold is priced at round Rs 65,000.
Gold Rate Today In Mumbai
Currently in Mumbai, the value of 10 grams of twenty-two-carat gold stands at Rs 59,450, whereas the equal quantity of 24-carat gold is valued at Rs 64,850.
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Gold Rate Today In Ahmedabad
In Ahmedabad, the value for 10 grams of twenty-two-carat gold is Rs 59,500, and for a similar quantity of 24-carat gold, it’s Rs 64,900.
Check gold charges in the present day in numerous cities on March 5, 2024; (In Rs/10 grams)
| City | 22 Carat Gold Price | 24-Carat Gold Price |
| Chennai | 60,150 | 65,620 |
| Kolkata | 59,450 | 64,850 |
| Gurugram | 59,600 | 65,000 |
| Lucknow | 59,600 | 65,000 |
| Bengaluru | 59,450 | 64,850 |
| Jaipur | 59,600 | 65,000 |
| Patna | 59,500 | 64,900 |
| Bhubaneshwar | 59,450 | 64,850 |
| Hyderabad | 59,450 | 64,850 |
Multi Commodity Exchange
On March 5, 2024, the Multi Commodity Exchange (MCX) noticed lively buying and selling in gold futures contracts expiring on April 5, 2024. These contracts had been priced at Rs 64,435 per 10 grams. Additionally, silver futures contracts expiring on May 3, 2024, had been quoted at Rs 73,347 on the MCX.
Retail Cost of Gold
The retail worth of gold in India, also known as the gold charge, is the ultimate value per unit weight that clients pay when buying gold. This worth is influenced by a number of components past the inherent worth of the steel itself.
Gold is very necessary in India due to its cultural significance, its worth for funding, and its conventional function in weddings and festivals.
2024 Outlook
As per the current assertion from the All India Gem and Jewellery Domestic Council (GJC), they anticipate that ongoing international financial uncertainties and geopolitical tensions will drive gold costs to achieve a historic peak of Rs 70,000 per 10 grams within the coming yr. This projection highlights gold’s function as a dependable funding and a priceless safeguard towards inflation.
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