Gold Rate Down in India: Check 10 Grams Gold Price in Your City.

On December 10, 2023, the price of gold varied among India’s cities, but the average price per 10 grams was around Rs 62,000. In particular, the average price for 10 grams of 24-carat gold was Rs 62,350, whilst the same quantity of 22-carat gold brought in Rs 57,150. Silver, however, continued to rise and reached a high of Rs 76,000 per kilogram.

Gold rate today in India: Retail gold price on December.

Gold Rate Down in India: Check 10 Grams Gold Price in Your City

Delhi City Gold Rate:

Ten grams of 22-carat gold costs Rs 57,700 in Delhi, whereas the same quantity of 24-carat gold costs Rs 62,930.

Mumbai City Gold Rate:

Ten grams of 22-carat gold currently cost Rs 57,300 in Mumbai, whereas the same quantity of 24-carat gold costs Rs 62,500.

Chennai City Gold Rate :

Ten kilos of 22-carat gold costs Rs 57,650 in Chennai, whereas the same quantity of 24-carat gold costs Rs 62,890.

CITY 22 CARAT GOLD PRICE 24 CARAT GOLD PRICE
Ahmedabad 57,200 62,400
Gurugram 57,300 62,500
Kolkata 57,150 62,350
Lucknow 57,300 62,500
Bengaluru 57,150 62,350
Jaipur 57,300 62,500
Patna 57,200 62,400
Bhubaneshwar 57,150 62,350
Hyderabad 57,150 62,350

Commodity Exchange:

Gold futures with an expiration date of February 5, 2024 were selling at Rs 61,770 on the Multi Commodity Exchange on December 8. At Rs 72,539, silver futures with an expiration date of March 5, 2024, were trading.

Due to its historical significance in Indian culture, investment potential, and marriage and festival customs, gold is highly valued.

There are a few things that help increase or decrease the golden night:

Supply and Demand: The amount that is available and the level of demand for gold determine its price the most. When demand for gold increases, gold rises overnight, but when gold becomes surplus, gold rates fall.

Global Economic :Gold prices are significantly influenced by the state of the world economy as a whole. Gold’s price rises because investors frequently pick it as a secure investment during recessions or weak global economies.

Political Instability: Gold prices can also be impacted by political unrest.  The increasing demand for gold may result in an increase in price.

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By surojit

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