Gold rate today in India: Retail gold price on April 01
Gold Rate Today In India: On April 01, 2024, gold prices in India underwent fluctuations, yet the fundamental rate for 10 grams remained near Rs 68,000. A comprehensive market assessment unveiled that the average price for 10 grams of 24-carat gold hovered around Rs 68,440, whereas 22-carat gold averaged about Rs 62,740.
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Concurrently, the silver market exhibited an upward trajectory, trending to Rs 78,600 per kilogram.
Gold rate today in India: Retail gold price on April 01
Gold Rate Today In Delhi
As of April 01, 2024, in Delhi, the current price for 10 grams of 22-carat gold is approximately Rs 62,890, and the rate for 10 grams of 24-carat gold stands at roughly Rs 68,590.
Gold Rate Today In Mumbai
Currently in Mumbai, the price of 10 grams of 22-carat gold stands at Rs 62,740, while the equivalent amount of 24-carat gold is valued at Rs 68,440.
Gold Rate Today In Ahmedabad
In Ahmedabad, the price for 10 grams of 22-carat gold is Rs 62,790, and for the same amount of 24-carat gold, it’s Rs 68,490.
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Check gold rates today in different cities on April 01, 2024; (In Rs/10 grams)
CITY | 22 CARAT GOLD PRICE | 24-CARAT GOLD PRICE |
Chennai | 63,690 | 69,480 |
Kolkata | 62,740 | 68,440 |
Gurugram | 63,750 | 69,530 |
Lucknow | 63,750 | 69,530 |
Bengaluru | 62,740 | 68,440 |
Jaipur | 63,750 | 69,530 |
Patna | 63,650 | 69,430 |
Bhubaneshwar | 63,600 | 69,380 |
Hyderabad | 62,740 | 68,440 |
Multi Commodity Exchange
On April 01, 2024, the Multi Commodity Exchange (MCX) saw active trading in gold futures contracts expiring on April 5, 2024. These contracts were priced at Rs 67,800 per 10 grams. Additionally, silver futures contracts expiring on May 3, 2024, were quoted at Rs 75,044 on the MCX.
Retail Cost of Gold
The gold price in India, often referred to as the retail gold price, reflects the final cost per unit weight paid by consumers when purchasing gold. This price is influenced by numerous factors beyond the inherent value of the metal.
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Gold carries great significance in India because of its cultural importance, its role as a valuable investment, and its traditional connection with weddings and festivals.