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Gold Rate Today In India: Check 22 and 24 carat gold prices in different cities on December 14, 2024
Gold and silver prices today, December 14.
Gold Rate Today In India: Gold prices in India eased marginally on December 14, Saturday, in line with the global trend. The cost of 24-carat gold, known for its superior purity, was Rs 79,010 per 10 grams, making it a preferred choice for investors. Meanwhile, 22-carat gold, valued for its durability and widely used in jewellery, was priced at Rs 72,440 per 10 grams, continuing to be popular with jewellery buyers.
Silver Rate Today
Silver, on the other hand, was trading at Rs 93,400 per kilogram.
Today Gold Rate: Retail Gold Price On December 14
Check gold prices in different cities on December 14, 2024; (In Rs 10/gram)
| City | 22 Carat Gold Rate Today | 24 Carat Gold Rate Today |
| Delhi | 72,440 | 79,010 |
| Mumbai | 72,290 | 78,860 |
| Ahmedabad | 72,340 | 78,910 |
| Chennai | 72,290 | 78,860 |
| Kolkata | 72,290 | 78,860 |
| Pune | 72,290 | 78,860 |
| Lucknow | 72,440 | 79,010 |
| Bengaluru | 72,290 | 78,860 |
| Jaipur | 72,440 | 79,010 |
| Patna | 72,340 | 78,910 |
| Bhubaneshwar | 72,290 | 78,860 |
| Hyderabad | 72,290 | 78,860 |
The MCX remained closed on Saturday, as the commodities exchange remains closed on every Saturday and Sunday.
In the international market, gold was marginally down at $2,648.5 an ounce, while silver was slightly down at $30.62.
“Gold is in the spotlight with a 20.8 per cent return in 2024 with a record high of Rs 79,700. In 2025, it may gain a further 15-18 per cent. Based on fundamental and technical factors, investors can increase their allocation weightage of 5-8% in gold and 10-15% in silver in the overall portfolio,” said Pranay Aggarwal, CEO of discount broker Stoxkart.
Retail Cost of Gold in India
What Is the Retail Price of Gold Per Gram?
The retail price of gold per gram represents the cost consumers pay for a single gram of gold, typically quoted in Indian Rupees. This rate varies daily and is influenced by global economic trends, geopolitical events, and the balance of supply and demand.
What Factors Influence Gold Prices in India?
In India, gold prices are shaped by international market rates, import duties, taxes, and currency exchange fluctuations. These factors collectively determine the daily gold rates across the country.
Gold has deep cultural and financial significance in India. It is a preferred investment option and is key in celebrations, particularly during weddings and festivals.
As market dynamics evolve, investors and traders closely monitor these shifts. Staying informed is essential for effectively navigating the ever-changing trends.
