BUSINESS

Gold Rate Today In India: Check 22 Carat Price In Your City On October 26

Gold Rate Today In India: Get the latest updates on gold prices from cities across. Stay informed with real-time rates.

Gold Rate Today: On October 26, gold prices in India were around Rs 80,000 per 10 grams. The price of 24-carat gold, known for its highest purity, stood at Rs 79,590 per 10 grams. For jewellery buyers, 22-carat gold, which is more durable due to its alloy composition, was priced at Rs 72,960 per 10 grams.

Read More: India’s Forex Reserves Decline $2.16 Billion to $688.26 Billion; Third Consecutive Week Fall

Silver Rate Today

Silver, on the other hand, was trading at Rs 98,000 per kilogram.

Gold Rate Today In India: Retail Gold Price On October 26

Check gold prices today in different cities on October 26, 2024; (In Rs 10/gram)

City22 Carat Gold Rate Today24 Carat Gold Rate Today
Delhi73,11079,740
Mumbai72,96079,590
Ahmedabad73,01079,640
Chennai72,96079,590
Kolkata72,96079,590
Pune72,96079,590
Lucknow73,11079,740
Bengaluru72,96079,590
Jaipur73,11079,740
Patna73,01079,640
Bhubaneshwar72,96079,590
Hyderabad72,96079,590

Read More: Bank of Baroda Q2 Results: Net Profit Jumps 23% to Rs 5,238 Crore, Interest Income Up 8.6%

In July, gold and silver prices corrected sharply by 7 per cent in the local markets after the government slashed basic customs duty on gold and other metals.

However, the bullion prices rebounded as demand from Indian consumers increased due to ongoing festivals, expectations of rate cuts in the US and flare up in geopolitical tensions.

Read More: Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On October 26

Retail Cost of Gold in India

What Is The Retail Price Of Gold Per Gram?

Gold price per gram refers to the cost of a single gram of gold, typically expressed in a currency like Indian Rupees. This price fluctuates daily based on several factors, including economic conditions, geopolitical events, and supply-demand dynamics.

In India, the retail price of gold, the final cost consumers pay, is influenced by more than just its market value. Various factors, such as import duties, taxes, and currency exchange rates, play a significant role.

Gold holds deep cultural significance in India, serving as a popular investment and playing a central role in weddings and festivals.

As market conditions evolve, investors and traders closely monitor these trends. Stay tuned for further updates.

Source :
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Most Popular

To Top