Last Updated: March 12, 2024, 09:22 IST
Gold price in the present day in India on March 12, 2024: India is the biggest importer of gold, which primarily caters to the demand of the jewelry trade. (Representative picture)
Gold price in the present day in India: Know newest retail gold value on March 12
Gold Rate in India Today: The value of gold in India in the present day is Rs 60,740 per 10 gram for 22 karat gold. The value of twenty-two-carat gold additionally dropped Rs 10 with the yellow metallic promoting at Rs 60,740.
Gold price in the present day in India: Retail gold value on March 10
The value of ten grams of 24-carat gold in Mumbai is according to costs in Kolkata and Hyderabad, at Rs 66,260.
In Delhi, Bengaluru, and Chennai, the worth of ten grams of 24-carat gold stood at Rs 66,410, Rs 66,260, and Rs 67,090, respectively.
In Mumbai, the worth of ten grams of twenty-two-carat gold is at par with that in Kolkata and Hyderabad, at Rs 60,740.
The value of 1 kilogram of silver in Delhi, Mumbai, and Kolkata stood at Rs 75,500.
The gold value in the present day in Pune is Rs 6074 per gram for 22 karat gold and Rs 6626 per gram for 24 karat gold.
The gold value in the present day in Surat is Rs 6079 per gram for 22 karat gold and ₹ 6631 per gram for 24 karat gold.
Check gold charges in the present day in several cities on March 12, 2024; (In Rs/10 grams)
| City | 22 Carat Gold Price | 24-Carat Gold Price |
| Chennai | 61,500 | 67,100 |
| Kolkata | 60,750 | 66,270 |
| Gurugram | 60,900 | 66,420 |
| Lucknow | 60,900 | 66,420 |
| Bengaluru | 60,750 | 66,270 |
| Jaipur | 60,900 | 66,420 |
| Patna | 60,800 | 66,320 |
| Bhubaneshwar | 60,750 | 66,270 |
| Hyderabad | 60,750 | 66,270 |
Retail Cost of Gold
The retail value of gold in India, also known as the gold price, is the ultimate price per unit weight that clients pay when buying gold. This value is influenced by a number of elements past the inherent worth of the metallic itself.
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
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 succeed in a historic peak of Rs 70,000 per 10 grams within the coming yr. This projection highlights gold’s position as a dependable funding and a beneficial safeguard towards inflation.
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