Achi news desk-
Gold rate today in India on March 24, 2024: India is the largest importer of gold, which mainly caters to the demand of the jewelery industry. (Representative image)
Gold rate today in India: Know the latest retail gold price on March 24
Gold Rate Today In India: On March 24, 2024, gold prices experienced fluctuations across India. However, the base price for 10 grams remained close to Rs 66,000. A thorough analysis of the market revealed that the average price for 10 grams of 24-carat gold is around Rs 66,820, while 22-carat gold is around Rs 61,250 on average.
At the same time, the silver market showed an upward trend, reaching Rs 77,500 per kilogram.
Gold rate today in India: Retail gold price on March 24
Gold Rate Today In Delhi
On March 24, 2024, in Delhi, the current price for 10 grams of 22-carat gold is around Rs 61,400, while 10 grams of 24-carat gold is around Rs 66,970.
Gold Rate Today In Mumbai
Currently in Mumbai, the price of 10 grams of 22-carat gold stands at Rs 61,250, while the equivalent amount of 24-carat gold is priced at Rs 66,820.
Gold Rate Today In Ahmedabad
In Ahmedabad, the price for 10 grams of 22-carat gold is Rs 61,300, and for the same amount of 24-carat gold, it is Rs 66,870.
Check gold rates today in different cities on March 24, 2024; (In Rs/10 grams)
| City | 22 Carat Gold Price | 24-Carat Gold Price |
| Chennai | 61,850 | 67,470 |
| Kolkata | 61,250 | 66,820 |
| Gurugram | 61,400 | 66,970 |
| Lucknow | 61,400 | 66,970 |
| Bengaluru | 61,250 | 66,820 |
| Jaipur | 61,400 | 66,970 |
| Patna | 61,300 | 66,870 |
| Bhubaneswar | 61,250 | 66,820 |
| Hyderabad | 61,250 | 66,820 |
Multi Commodity Exchange
On March 22, 2024, the Multi Commodity Exchange (MCX) saw active trading in gold futures contracts expiring on April 5, 2024. The price of these contracts was Rs 65,870 per 10 grams. Additionally, silver futures contracts expiring on May 3, 2024, were quoted at Rs 74,810 on the MCX.
Retail Cost of Gold
The retail price of gold in India, often referred to as the gold rate, is the final cost per unit weight that customers pay when buying gold. This price is influenced by a number of factors beyond the intrinsic value of the metal itself.
Gold is extremely important in India because of its cultural significance, its value for investment, and its traditional role in weddings and festivals.
