Gold charge in the present day in India on March 4, 2024: India is the biggest importer of gold, which primarily caters to the demand of the jewelry trade. (Representative picture)
Gold Rate Today: As of in the present day, March 4, 2024, in Delhi, you would want roughly Rs 58,900 to buy 10 grams of twenty-two-carat gold
Gold Rate Today In India: Gold costs in India underwent fluctuations on March 4, 2024. Despite this, the basic value for 10 grams remained pretty regular, hovering round Rs 64,000. An in depth evaluation exhibits that the typical value for 10 grams of 24-carat gold stood at roughly Rs 64,080, whereas 22-carat gold averaged Rs 58,740.
At the identical time, the silver market displayed a downward pattern, reaching Rs 73,500 per kilogram.
Gold charge in the present day in India: Retail gold value on March 4
Gold Rate Today In Delhi
As of in the present day, March 4, 2024, in Delhi, you would want roughly Rs 58,890 to buy 10 grams of twenty-two-carat gold and Rs 64,230 for a similar quantity of 24-carat gold.
Gold Rate Today In Mumbai 22 Carat & 24 Carat
Currently in Mumbai, the worth of 10 grams of twenty-two-carat gold stands at Rs 58,740, whereas the equal quantity of 24-carat gold is valued at Rs 64,080.
Gold Rate Today In Ahmedabad
In Ahmedabad, the worth for 10 grams of twenty-two-carat gold is Rs 58,790, and for a similar quantity of 24-carat gold, it’s Rs 64,130.
Check gold charges in the present day in several cities on March 4, 2024; (In Rs/10 grams)
| City | 22 Carat Gold Price | 24-Carat Gold Price |
| Chennai | 59,390 | 64,790 |
| Kolkata | 58,740 | 64,080 |
| Gurugram | 58,890 | 64,230 |
| Lucknow | 58,890 | 64,230 |
| Bengaluru | 58,740 | 64,080 |
| Jaipur | 58,890 | 64,230 |
| Patna | 58,790 | 64,130 |
| Bhubaneshwar | 58,740 | 64,080 |
| Hyderabad | 58,740 | 64,080 |
Multi Commodity Exchange
On March 4, 2024, the Multi Commodity Exchange (MCX) noticed lively buying and selling in gold futures contracts expiring on April 5, 2024. These contracts have been priced at Rs 63,481 per 10 grams. Additionally, silver futures contracts expiring on May 3, 2024, have been quoted at Rs 72,065 on the MCX.
Retail Cost of Gold
The retail value of gold in India, sometimes called the gold charge, is the ultimate value per unit weight that prospects pay when buying gold. This value is influenced by a number of elements past the inherent worth of the steel itself.
Gold is extremely necessary 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 helpful hedge in opposition to inflation.
