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Gold Price Falls In India: Check 24 Carat Rate In Your City On June 27

Gold Rate Today: Check gold prices today in different cities on June 27, 2024

Gold Rate Today In India: On June 27, the price of 10 grams of gold was approximately Rs 72,000. Pure 24-carat gold was valued at Rs 71,990 per 10 grams, while 22-carat gold was priced at Rs 65,990 per 10 grams. At the same time, the price of silver dropped to Rs 91,600 per kilogram.

Gold rate today in India: Retail gold price on June 27

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Check gold rates today in different cities on June 27, 2024; (In Rs/10 grams)

CITY22 CARAT GOLD PRICE24-CARAT GOLD PRICE
Delhi66,39072,370
Mumbai66,24072,220
Ahmedabad66,29072,270
Chennai67,01073,110
Kolkata66,24072,220
Gurugram66,39072,370
Lucknow66,39072,370
Bengaluru66,24072,220
Jaipur66,39072,370
Patna66,29072,270
Bhubaneshwar66,24072,220
Hyderabad66,24072,220

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Multi Commodity Exchange

On June 27, 2024, the Multi Commodity Exchange (MCX) saw active trading in gold futures contracts expiring on August 05, 2024, at Rs 71,610 per 10 grams. Silver futures contracts expiring on July 5, 2024, were quoted at Rs 88,769 on the MCX.

India’s reliance on imported gold largely influences domestic prices, which closely mirror global trends. Additionally, the cultural importance of gold in India, particularly during festivals and weddings, can impact demand levels.

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Retail Cost of Gold

The retail price of gold in India, which represents the final cost per unit weight for consumers, is influenced by various factors beyond the metal’s intrinsic value.

Gold carries significant cultural importance in India, acting as a major investment and playing a crucial role in traditional weddings and festivals.

Amid continuous market fluctuations, investors and traders closely watch these dynamics. Stay tuned for further updates on this evolving story.

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