Gold charge at the moment in India: Check Retail gold value on December 07. (Representative picture)
Gold charge at the moment: On December 07, gold futures expiring on February 05, 2024, had been buying and selling at Rs 62,344 on the Multi Commodity Exchange.
Gold Rate Today In India: Gold costs in India fluctuated throughout cities on December 07, 2023, however the common value for 10 grams hovered round Rs 63,000. Specifically, 10 grams of 24-carat gold commanded a mean value of Rs 62,780, whereas 22-carat gold fetched Rs 57,550 for an identical quantity. Meanwhile, silver maintained its upward trajectory, settling at Rs 77,200 per kilogram.
Gold charge at the moment in India: Retail gold value on December 07
Delhi Gold RateÂ
In Delhi, individuals must spend Rs 57,700 for 10 grams of 22-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 22-carat gold is Rs 57,550, and the identical quantity of 24-carat gold is priced at Rs 62,780.
Chennai Gold RateÂ
In Chennai, the worth for 10 grams of 22-carat gold is Rs 58,200, and for a similar quantity of 24-carat gold, it’s Rs 63,490.
Check gold charges at the moment in numerous cities on December 07, 2023; (In Rs/10 grams)
| City | 22 Carat Gold Price | 24 Carat Gold Price |
| Ahmedabad | 57,600 | 62,830 |
| Gurugram | 57,700 | 62,930 |
| Kolkata | 57,550 | 62,780 |
| Lucknow | 57,700 | 62,930 |
| Bengaluru | 57,550 | 62,780 |
| Jaipur | 57,700 | 62,930 |
| Patna | 57,600 | 62,830 |
| Bhubaneshwar | 57,550 | 62,780 |
| Hyderabad | 57,550 | 62,780 |
Multi Commodity Exchange
On December 07, gold futures expiring on February 05, 2024, had been buying and selling at Rs 62,344 on the Multi Commodity Exchange. Silver futures expiring on March 05, 2024 had been buying and selling at Rs 74,477.
The retail value of gold is the quantity it’s offered 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 consequence of its cultural significance, funding worth, and longstanding function in weddings and festivals.
Here are a number of components that may exert affect on the worth of gold:
Supply and Demand: The value of gold primarily relies on how a lot individuals need it and the way a lot is offered. If extra individuals need gold, the worth often goes up. But if there’s an excessive amount of gold obtainable, the worth can go down.
Global Economic Conditions: The general international financial system additionally has a huge impact on gold costs. When the world financial system isn’t doing nicely or there’s a recession, buyers usually select gold as a protected possibility, inflicting its value to go up.
Political Instability: Political troubles also can have an effect on gold costs. When there’s uncertainty or a disaster in an essential nation or area, buyers may select to guard their cash by investing in gold. This elevated demand could make the worth of gold go up.
