Gold Rate Today In India: Check 22 and 24 carat gold prices in different cities on December 31, 2024
Gold Rate Today in India: On 31 December, gold prices in India remained elevated, supported by consistent demand and prevailing market trends. The allure of 24-carat gold endured, celebrated for its unmatched purity. Meanwhile, 22-carat gold was a favourite among jewellery buyers, valued for its durability and refined appeal—perfect for those seeking timeless investment pieces.
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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.
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Today’s Gold Prices: Retail Rates on December 31 Across Major Cities in India (Rs per 10 grams):
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
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.
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.
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With market conditions constantly evolving, investors and traders carefully track these changes. Staying informed is crucial to effectively navigating the ever-shifting trends.