On July 01, 2024, the price of gold in India remained stable across major cities, reflecting both global market trends and local consumer demand. As per the latest data, the cost of 10 grams of pure 24-carat gold stood at Rs 72,280, while 22-carat gold was priced at Rs 66,240 per 10 grams. In contrast, silver prices declined to Rs 90,000 per kilogram.
A city-wise breakdown of gold rates on July 01, 2024, reveals consistent pricing across different urban centers:
- Delhi: 22-carat gold at Rs 66,400 and 24-carat gold at Rs 72,420 per 10 grams
- Mumbai: 22-carat gold at Rs 66,250 and 24-carat gold at Rs 72,280 per 10 grams
- Ahmedabad: 22-carat gold at Rs 66,300 and 24-carat gold at Rs 72,320 per 10 grams
- Chennai: 22-carat gold at Rs 66,850 and 24-carat gold at Rs 72,930 per 10 grams
- Kolkata: 22-carat gold at Rs 66,250 and 24-carat gold at Rs 72,280 per 10 grams
- Gurugram: 22-carat gold at Rs 66,400 and 24-carat gold at Rs 72,420 per 10 grams
- Lucknow: 22-carat gold at Rs 66,400 and 24-carat gold at Rs 72,420 per 10 grams
- Bengaluru: 22-carat gold at Rs 66,250 and 24-carat gold at Rs 72,280 per 10 grams
- Jaipur: 22-carat gold at Rs 66,400 and 24-carat gold at Rs 72,420 per 10 grams
- Patna: 22-carat gold at Rs 66,300 and 24-carat gold at Rs 72,320 per 10 grams
- Bhubaneshwar: 22-carat gold at Rs 66,250 and 24-carat gold at Rs 72,280 per 10 grams
- Hyderabad: 22-carat gold at Rs 66,250 and 24-carat gold at Rs 72,280 per 10 grams
Also Read: Gold Rates Surge in Hyderabad
The price of gold in India is significantly influenced by global market dynamics and the country’s dependence on imported gold. Additionally, the cultural significance of gold in India, particularly during festivities and weddings, contributes to fluctuations in demand.
Gold continues to be a favored investment avenue and holds cultural importance as a symbol of prosperity and tradition in Indian society. Given the ongoing market fluctuations, investors and traders are closely monitoring these developments.
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