Gold price right now in India on February 15, 2024: India is the biggest importer of gold, which primarily caters to the demand of the jewelry trade. (Representative picture)
Gold price right now in India: On February 15, there have been fall in retail gold costs throughout varied cities in spot market
Gold Rate Today In India: As of February 15, 2024, a fall in gold costs had been noticed throughout totally different cities in India. The common price for 10 grams remained round Rs 62,070. To present a broader perspective, the common worth of 10 grams of 24-carat gold was roughly Rs 62,070, whereas the corresponding quantity for 22-carat gold stood at Rs 56,900.
At the identical time, the silver market displayed a constant downward development, reaching Rs 74,500 per kilogram.
Gold price right now in India: Retail gold worth on February 15
Gold Rate Today In Delhi
In Delhi, individuals must spend Rs 57,050 for 10 grams of twenty-two-carat gold and Rs 62,220 for a similar quantity of 24-carat gold.
Gold Price Today In Mumbai
In Mumbai, 10 grams of twenty-two-carat gold is at present priced at Rs 56,900, whereas the identical quantity of 24-carat gold is valued at Rs 62,070.
Gold Rate Today In ChennaiÂ
In Chennai, the worth for 10 grams of twenty-two-carat gold is Rs 57,400, and for a similar quantity of 24-carat gold, it’s Rs 62,620.
Check gold charges right now in numerous cities on February 15, 2024; (In Rs/10 grams)
| City | 22 Carat Gold Price | 24 Carat Gold Price |
| Ahmedabad | 56,950 | 62,120 |
| Kolkata | 56,900 | 62,070 |
| Gurugram | 57,050 | 62,220 |
| Lucknow | 57,050 | 62,220 |
| Bengaluru | 56,900 | 62,070 |
| Jaipur | 57,050 | 62,220 |
| Patna | 56,950 | 62,120 |
| Bhubaneshwar | 56,900 | 62,070 |
| Hyderabad | 56,900 | 62,070 |
Multi Commodity Exchange
On February 15, 2024, the futures for gold set to run out on April 05 had been actively traded at Rs 61,366 on the Multi Commodity Exchange. Furthermore, silver futures with a March 05, 2024, expiration date had been quoted at Rs 70,325.
The retail value of gold within the nation is the quantity clients pay for it. This worth is influenced by varied components, 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 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 not too long ago 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 12 months. This trajectory underscores gold’s standing as a reliable funding and a invaluable hedge in opposition to inflation.
