Gold Price Today in India: On December 22, gold prices in India remained high. The cost of 24-carat gold, known for its high purity, was Rs 77,450 for 10 grams. On the other hand, 22-carat gold, commonly used in jewellery for its durability, was priced at Rs 71,000 for 10 grams, attracting jewellery buyers.
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Silver Price Today
Silver, on the other hand, was trading at Rs 91,500 per kilogram.
Today’s Gold Prices: Retail Rates on December 22
Gold rates across major cities in India as of 22nd December 2024 (Rs per 10 grams):
City | 22 Carat Gold Rate Today | 24 Carat Gold Rate Today |
Delhi | 71,150 | 77,600 |
Mumbai | 71,000 | 77,450 |
Ahmedabad | 71,050 | 77,500 |
Chennai | 71,000 | 77,450 |
Kolkata | 71,000 | 77,450 |
Pune | 71,000 | 77,450 |
Lucknow | 71,150 | 77,600 |
Bengaluru | 71,000 | 77,450 |
Jaipur | 71,150 | 77,600 |
Patna | 71,050 | 77,500 |
Bhubaneshwar | 71,000 | 77,450 |
Hyderabad | 71,000 | 77,450 |
Retail Gold Prices in India
What is the Retail Price of Gold Per Gram?
The retail gold price per gram refers to the amount consumers pay for one gram of gold, typically quoted in Indian Rupees. This rate fluctuates daily, influenced by global economic trends, geopolitical developments, and the balance of supply and demand.
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What Factors Influence Gold Prices in India?
Gold prices in India are primarily determined by international market rates, import duties, taxes, and exchange rate variations. Together, these factors shape the daily gold prices across the country.
Gold holds immense cultural and financial importance in India. It remains a preferred investment and plays a vital role in celebrations, particularly during weddings and festivals.
With market conditions constantly evolving, investors and traders carefully track these changes. Staying informed is crucial to navigating the ever-shifting trends effectively.