Gold price at this time in India on March 3, 2024: India is the biggest importer of gold, which primarily caters to the demand of the jewelry business. (Representative picture)
Gold Rate Today: It refers to present retail price, the quantity clients are charged. Investors monitor it because it impacts buying determination & funding plans
Gold Rate Today In India: On March 3, 2024, gold costs throughout India remained largely fixed. The base value for 10 grams stood at Rs 64,090. A more in-depth look reveals that the common value for 10 grams of 24-carat gold was roughly Rs 64,090, whereas 22-carat gold averaged Rs 58,750.
At the identical time, the silver market displayed a constant upward development, reaching Rs 73,600 per kilogram.
Gold price at this time in India: Retail gold value on March 3
Gold Rate Today In Delhi
As of at this time, March 3, 2024, in Delhi, you would wish roughly Rs 58,900 to buy 10 grams of twenty-two-carat gold and Rs 62,240 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 58,750, whereas the equal quantity of 24-carat gold is valued at Rs 64,090.
Gold Rate Today In Ahmedabad
In Ahmedabad, the worth for 10 grams of twenty-two-carat gold is Rs 58,800, and for a similar quantity of 24-carat gold, it’s Rs 64,140.
Check gold charges at this time in numerous cities on March 3, 2024; (In Rs/10 grams)
| City | 22 Carat Gold Price | 24-Carat Gold Price |
| Chennai | 59,400 | 64,800 |
| Kolkata | 58,750 | 64,090 |
| Gurugram | 58,900 | 64,240 |
| Lucknow | 58,900 | 64,240 |
| Bengaluru | 58,750 | 64,090 |
| Jaipur | 58,900 | 64,240 |
| Patna | 58,800 | 64,140 |
| Bhubaneshwar | 58,750 | 64,090 |
| Hyderabad | 58,750 | 64,090 |
The Multi Commodity Exchange (MCX) was closed on Sunday.
Retail Cost of Gold
The retail value of gold in India, also known as the gold price, is the ultimate value per unit weight that clients pay when buying gold. This value is influenced by a number of elements past the inherent worth of the steel itself.
Gold is very necessary in India due to its cultural significance, its worth for funding, and its conventional position 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 beneficial hedge towards inflation.
