Gold fee as we speak in India on February 10, 2024: India is the most important importer of gold, which primarily caters to the demand of the jewelry business. (Representative picture)
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Gold Price Falls In India: Check 24 Carat Rate In Your City On February 10 – News18
Gold Rate Today In India: As of February 10, 2024, there have been diverse modifications in gold costs noticed throughout completely different cities in India. The secure fee for 10 grams remained roughly Rs 63,000. To present a broader perception, the common value of 10 grams of 24-carat gold stood at Rs 63,150, whereas the corresponding quantity for 22-carat gold was recorded at Rs 57,890.
Also Read:(*10*) Sovereign Gold Bond Issue Price Fixed, Opens On Feb 12, Check Details Here
At the identical time, the silver market displayed a constant downward pattern, reaching Rs 75,100 per kilogram.
Gold fee as we speak in India: Retail gold value on February 10
Gold Price Today In Mumbai
In Mumbai, 10 grams of twenty-two-carat gold is at the moment priced at Rs 57,890, whereas the identical quantity of 24-carat gold is valued at Rs 63,150.
Gold Rate Today In Delhi
In Delhi, folks should spend Rs 58,040 for 10 grams of twenty-two-carat gold and Rs 63,300 for a similar quantity of 24-carat gold.
Gold Rate Today In ChennaiÂ
In Chennai, the worth for 10 grams of twenty-two-carat gold is Rs 58,380, and for a similar quantity of 24-carat gold, it’s Rs 63,700.
Check gold charges as we speak in several cities on February 10, 2024; (In Rs/10 grams)
| City | 22 Carat Gold Price | 24 Carat Gold Price |
| Ahmedabad | 57,940 | 63,200 |
| Kolkata | 57,890 | 63,150 |
| Gurugram | 58,040 | 63,300 |
| Lucknow | 58,040 | 63,300 |
| Bengaluru | 57,890 | 63,150 |
| Jaipur | 58,040 | 63,300 |
| Patna | 57,940 | 63,200 |
| Bhubaneshwar | 57,890 | 63,150 |
| Hyderabad | 57,890 | 63,150 |
Multi Commodity Exchange
On February 09, 2024, the futures for gold set to run out on April 05 have been actively traded at Rs 62,303 on the Multi Commodity Exchange. Furthermore, silver futures with a March 05, 2024, expiration date have been quoted at Rs 70,774.
The retail value of gold within the nation is the quantity clients pay for it. This value is influenced by numerous 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 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 lately said 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.
