Gold Rate Today In India: Check 22 and 24 carat gold prices in different cities on December 29, 2024
Gold Rate Today in India: On December 29, gold prices in India remained higher, reflecting sustained demand and market trends. While 24-carat gold continued to appeal to buyers for its unmatched purity, 22-carat gold, valued for its balance of durability and aesthetics, remained a popular choice among jewellery enthusiasts, particularly those looking to invest in timeless ornaments.
Read More: Reliance Acquires Karkinos Healthcare For Rs 375 Crore; Details Here
Gold And Silver Rate Today
The price of 24-carat gold stood at Rs 77,840 per 10 grams. Meanwhile, 22-carat gold was available at Rs 71,350 per 10 grams. Silver, on the other hand, was trading at Rs 92,600 per kilogram.
Today’s Gold Prices: Retail Rates on December 29 Across Major Cities in India (Rs per 10 grams):
Read More: Petrol, Diesel Fresh Prices Announced: Check Rates In Your City On December 29
City | 22 Carat Gold Rate Today | 24 Carat Gold Rate Today |
Delhi | 71,500 | 77,990 |
Mumbai | 71,350 | 77,840 |
Ahmedabad | 71,400 | 77,890 |
Chennai | 71,350 | 77,840 |
Kolkata | 71,350 | 77,840 |
Pune | 71,350 | 77,840 |
Lucknow | 71,500 | 77,990 |
Bengaluru | 71,350 | 77,840 |
Jaipur | 71,500 | 77,990 |
Patna | 71,400 | 77,890 |
Bhubaneshwar | 71,350 | 77,840 |
Hyderabad | 71,350 | 77,840 |
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.
Read More: DoT Seeks Finance Ministry Approval For Second BSNL VRS To Cut Workforce By 35%: Report
What Factors Influence Gold Prices in India?
International market rates, import duties, taxes, and exchange rate variations primarily determine gold prices in India. 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 is vital in celebrations, particularly during weddings and festivals.
With market conditions constantly evolving, investors and traders carefully track these changes. Staying informed is crucial to effectively navigating the ever-shifting trends.