Gold price right now in India on February 22, 2024: India is the most important importer of gold, which primarily caters to the demand of the jewelry trade. (Representative picture)
Gold price right now in India: Minor fluctuations in retail gold costs have been seen throughout numerous cities on February 22
Gold Rate Today In India: On the twenty second of February 2024, adjustments in gold costs have been seen in numerous cities throughout India. The typical price for 10 grams stayed about the identical, at round Rs 62,000. To evaluate extra extensively, 10 grams of 24-carat gold was about Rs 62,750 on common, and for 22-carat gold, it was Rs 57,610.
At the identical time, the silver market displayed a constant upward pattern, reaching Rs 75,800 per kilogram.
Gold price right now in India: Retail gold value on February 22
Gold Rate Today In Mumbai 22 Carat & 24 Carat
Currently in Mumbai, the value of 10 grams of 22-carat gold stands at Rs 57,610, whereas the equal quantity of 24-carat gold is valued at Rs 62,750.
Gold Rate Today In Delhi
In Delhi, people are required to allocate Rs 57,760 for 10 grams of 22-carat gold and Rs 62,900 for an identical quantity of 24-carat gold.
Gold Rate Today In ChennaiÂ
In Chennai, the value for 10 grams of 22-carat gold is Rs 58,110, and for a similar quantity of 24-carat gold, it’s Rs 63,390.
Check gold charges right now in numerous cities on February 22, 2024; (In Rs/10 grams)
| City | 22 Carat Gold Price | 24 Carat Gold Price |
| Ahmedabad | 57,660 | 62,800 |
| Kolkata | 57,610 | 62,750 |
| Gurugram | 57,760 | 62,900 |
| Lucknow | 57,760 | 62,900 |
| Bengaluru | 57,610 | 62,750 |
| Jaipur | 57,760 | 62,900 |
| Patna | 57,660 | 62,800 |
| Bhubaneshwar | 57,610 | 62,750 |
| Hyderabad | 57,610 | 62,750 |
Multi Commodity Exchange
On February 22, 2024, the futures for gold set to run out on April 05 have been actively traded at Rs 62,141 on the Multi Commodity Exchange. Furthermore, silver futures with a March 05, 2024 expiration date have been quoted at Rs 70,652.
Retail Cost of Gold
The retail price of gold within the nation is the quantity prospects 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 vital 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 lately 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 beneficial hedge in opposition to inflation.
