Check gold fee at this time in India on February 21, 2024. (Representative picture)
Gold fee at this time in India: Minor fluctuations in retail gold costs have been observed throughout varied cities on February 21
Gold Rate Today In India: On February 21, 2024, fluctuations in gold costs have been famous in a number of Indian cities. The common worth for 10 grams remained regular at about Rs 62,000. For a broader comparability, 10 grams of 24-carat gold averaged round Rs 62,550, whereas for 22-carat gold, it was Rs 57,340.
At the identical time, the silver market displayed a constant downward pattern, reaching Rs 75,400 per kilogram.
Gold fee at this time in India: Retail gold worth on February 21
Gold Price Today In Mumbai
Currently in Mumbai, the value of 10 grams of twenty-two-carat gold stands at Rs 57,340, whereas the equal quantity of 24-carat gold is valued at Rs 62,550.
Gold Rate Today In Delhi
In Delhi, people are required to allocate Rs 57,490 for 10 grams of twenty-two-carat gold and Rs 62,700 for the same amount of 24-carat gold.
Gold Rate Today In ChennaiÂ
In Chennai, the value for 10 grams of twenty-two-carat gold is Rs 57,840, and for a similar quantity of 24-carat gold, it’s Rs 63,100.
Check gold charges at this time in numerous cities on February 21, 2024; (In Rs/10 grams)
| City | 22 Carat Gold Price | 24 Carat Gold Price |
| Ahmedabad | 57,390 | 62,600 |
| Kolkata | 57,340 | 62,550 |
| Gurugram | 57,490 | 62,700 |
| Lucknow | 57,490 | 62,700 |
| Bengaluru | 57,340 | 62,550 |
| Jaipur | 57,490 | 62,700 |
| Patna | 57,390 | 62,600 |
| Bhubaneshwar | 57,340 | 62,550 |
| Hyderabad | 57,340 | 62,550 |
Multi Commodity Exchange
On February 21, 2024, the futures for gold set to run out on April 05 have been actively traded at Rs 62,210 on the Multi Commodity Exchange. Furthermore, silver futures with a March 05, 2024, expiration date have been quoted at Rs 71,424.
Retail Cost of Gold
The retail price of gold within the nation is the quantity clients 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 function 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 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 invaluable hedge in opposition to inflation.
