Gold price right now in India on December 10: 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: Know retail gold value in numerous cities on December 10
Gold Rate Today In India: Gold costs in India fluctuated throughout cities on December 10, 2023, however the common value for 10 grams hovered round Rs 62,000. Specifically, 10 grams of 24-carat gold commanded a mean value of Rs 62,350, whereas 22-carat gold fetched Rs 57,150 for the same amount. Meanwhile, silver maintained its upward trajectory, settling at Rs 76,000 per kilogram.
Gold price right now in India: Retail gold value on December 10
Delhi Gold RateÂ
In Delhi, individuals need to spend Rs 57,700 for 10 grams of twenty-two-carat gold and Rs 62,930 for a similar quantity of 24-carat gold.
Mumbai Gold RateÂ
In Mumbai, the present value for 10 grams of twenty-two-carat gold is Rs 57,300, and the identical quantity of 24-carat gold is priced at Rs 62,500.
Chennai Gold RateÂ
In Chennai, the value for 10 grams of twenty-two-carat gold is Rs 57,650, and for a similar quantity of 24-carat gold, it’s Rs 62,890.
Check gold charges right now in numerous cities on December 10, 2023; (In Rs/10 grams)
| City | 22 Carat Gold Price | 24 Carat Gold Price |
| Ahmedabad | 57,200 | 62,400 |
| Gurugram | 57,300 | 62,500 |
| Kolkata | 57,150 | 62,350 |
| Lucknow | 57,300 | 62,500 |
| Bengaluru | 57,150 | 62,350 |
| Jaipur | 57,300 | 62,500 |
| Patna | 57,200 | 62,400 |
| Bhubaneshwar | 57,150 | 62,350 |
| Hyderabad | 57,150 | 62,350 |
Multi Commodity Exchange
On December 08, gold futures expiring on February 05, 2024, had been buying and selling at Rs 61,770 on the Multi Commodity Exchange. Silver futures expiring on March 05, 2024 had been buying and selling at Rs 72,539.
The retail value of gold is the quantity it’s bought to prospects within the nation. 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 utilized in making gold jewelry.
Gold holds nice significance in India as a result of its cultural significance, funding worth, and longstanding position in weddings and festivals.
Here are a number of components that may exert affect on the value of gold:
Supply and Demand: The value of gold primarily will depend on how a lot individuals need it and the way a lot is obtainable. If extra individuals need gold, the value often goes up. But if there’s an excessive amount of gold accessible, the value can go down.
Global Economic Conditions: The general international financial system additionally has a huge impact on gold costs. When the world financial system is just not doing nicely or there’s a recession, buyers usually select gold as a secure choice, inflicting its value to go up.
Political Instability: Political troubles can even have an effect on gold costs. When there’s uncertainty or a disaster in an vital nation or area, buyers may select to guard their cash by investing in gold. This elevated demand could make the value of gold go up.
