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Gold Rate Today In India: Check 22 and 24 carat gold prices in different cities on December 18, 2024
Gold Price Today in India: As of 18th December, gold prices in India remained high. The 24-carat gold, renowned for its exceptional purity, was priced at Rs 77,840 per 10 grams, making it a popular choice among investors. Meanwhile, 22-carat gold, valued for its durability and widespread use in jewellery, was priced at Rs 71,350 per 10 grams, continuing to attract jewellery buyers.
Silver Price Today
Silver, on the other hand, was trading at Rs 92,500 per kilogram.
Gold rates across major cities in India as of 18th December 2024 (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
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.
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
wedding
s 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.