Gold Price Update: 22 Carat Rates Fall In India On December 6, Check Cost In Your City – News18

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Gold Price Update: 22 Carat Rates Fall In India On December 6, Check Cost In Your City – News18


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Gold price in the present day in India: Check Retail gold worth on December 06. (Representative picture)

Gold price in the present day in India: On December 06, gold futures expiring on February 05, 2024, had been buying and selling at Rs 62,240 on the Multi Commodity Exchange.

Gold Rate Today In India: Gold costs in India fluctuated throughout cities on December 06, 2023, however the common price for 10 grams hovered round Rs 63,000. Specifically, 10 grams of 24-carat gold commanded a median worth of Rs 62,670, whereas 22-carat gold fetched Rs 57,450 for the same amount. Meanwhile, silver maintained its upward trajectory, settling at Rs 78,200 per kilogram.

Gold price in the present day in India: Retail gold worth on December 06

Delhi Gold Rate 

In Delhi, individuals must spend Rs 57,600 for 10 grams of 22-carat gold and Rs 62,820 for a similar quantity of 24-carat gold.

Mumbai Gold Rate 

In Mumbai, the present price for 10 grams of 22-carat gold is Rs 57,450, and the identical quantity of 24-carat gold is priced at Rs 62,670.

Chennai Gold Rate 

In Chennai, the worth for 10 grams of 22-carat gold is Rs 58,150, and for a similar quantity of 24-carat gold, it’s Rs 63,440.

Check gold charges in the present day in numerous cities on December 06, 2023; (In Rs/10 grams)

City 22 Carat Gold Price 24 Carat Gold Price
Ahmedabad 57,500 62,720
Gurugram 57,600 62,820
Kolkata 57,450 62,670
Lucknow 57,600 63,820
Bengaluru 57,450 62,670
Jaipur 57,600 62,820
Patna 57,500 62,720
Bhubaneshwar 57,450 62,670
Hyderabad 57,450 62,670

Multi Commodity Exchange

On December 06, gold futures expiring on February 05, 2024, had been buying and selling at Rs 62,240 on the Multi Commodity Exchange. Silver futures expiring on March 05, 2024 had been buying and selling at Rs 75,442.

The retail worth of gold is the quantity it’s bought to clients within the nation. 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 utilized in making gold jewelry.

Gold holds nice significance in India attributable to its cultural significance, funding worth, and longstanding position in weddings and festivals.

Here are a number of elements that may exert affect on the worth of gold:

Supply and Demand: The worth of gold primarily depends upon how a lot individuals need it and the way a lot is accessible. If extra individuals need gold, the worth normally goes up. But if there’s an excessive amount of gold obtainable, the worth can go down.

Global Economic Conditions: The general international economic system additionally has a big effect on gold costs. When the world economic system is just not doing properly or there’s a recession, traders typically select gold as a protected choice, inflicting its worth to go up.

Political Instability: Political troubles may have an effect on gold costs. When there’s uncertainty or a disaster in an necessary nation or area, traders would possibly select to guard their cash by investing in gold. This elevated demand could make the worth of gold go up.



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