Gold rate today in India: Know retail gold price trends on April 05
Gold Rate Today In India: In a day marked by fluctuating trends, the price of gold in India remained resilient, with the fundamental rate for 10 grams holding steady near Rs 70,000. Market analysis revealed that the average price for 10 grams of 24-carat gold hovered around Rs 70,480, while 22-carat gold maintained an average of approximately Rs 64,610.
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Investors and traders closely monitored these developments amidst ongoing market volatility. Stay tuned for further updates on this developing story.
Concurrently, the silver market exhibited an upward trajectory, trending to Rs 82,100 per kilogram.
Gold rate today in India: Retail gold price on April 05
Gold Rate Today In Delhi
As of April 05, 2024, the price of 10 grams of 22-carat gold in Delhi is approximately Rs 64,760, while the rate for 10 grams of 24-carat gold stands at roughly Rs 70,630.
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Gold Rate Today In Mumbai
Currently in Mumbai, the price of 10 grams of 22-carat gold stands at Rs 64,610, while the equivalent amount of 24-carat gold is valued at Rs 70,480.
Gold Rate Today In Ahmedabad
In Ahmedabad, the price for 10 grams of 22-carat gold is Rs 64,660, and for the same amount of 24-carat gold, it’s Rs 70,530.
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Check gold rates today in different cities on April 05, 2024; (In Rs/10 grams)
| CITY | 22 CARAT GOLD PRICE | 24-CARAT GOLD PRICE |
| Chennai | 65,460 | 71,410 |
| Kolkata | 64,610 | 70,480 |
| Gurugram | 64,760 | 70,630 |
| Lucknow | 64,760 | 70,630 |
| Bengaluru | 64,610 | 70,480 |
| Jaipur | 64,760 | 70,630 |
| Patna | 64,660 | 70,530 |
| Bhubaneshwar | 64,610 | 70,480 |
| Hyderabad | 64,610 | 70,480 |
Multi Commodity Exchange
On April 05, 2024, the Multi Commodity Exchange (MCX) saw active trading in gold futures contracts expiring on June 5, 2024. These contracts were priced at Rs 69,389 per 10 grams. Additionally, silver futures contracts expiring on May 3, 2024, were quoted at Rs 78,890 on the MCX.
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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.
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.
