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Gold Rate Today In India: As of February 18, 2024, gold costs remained unchanged in India. The common fee for 10 grams remained round Rs 62,400. To present a broader perspective, the typical worth of 10 grams of 24-carat gold was roughly Rs 62,400, whereas the corresponding quantity for 22-carat gold stood at Rs 57,200.
At the identical time, the silver market additionally confirmed establishment, reaching Rs 76,500 per kilogram.
Gold fee at the moment in India: Retail gold worth on February 18
Gold Rate Today In Delhi
In Delhi, individuals should spend Rs 57,350 for 10 grams of 22-carat gold and Rs 62,550 for a similar quantity of 24-carat gold.
Gold Price Today In Mumbai
In Mumbai, 10 grams of 22-carat gold is at present priced at Rs 57,200, whereas the identical quantity of 24-carat gold is valued at Rs 62,400.
Gold Rate Today In Chennai
In Chennai, the value for 10 grams of 22-carat gold is Rs 57,800, and for a similar quantity of 24-carat gold, it’s Rs 63,050.
Check gold charges at the moment in numerous cities on February 18, 2024; (In Rs/10 grams)
City | 22 Carat Gold Price | 24 Carat Gold Price |
Ahmedabad | 57,250 | 62,450 |
Kolkata | 57,200 | 62,400 |
Gurugram | 57,350 | 62,550 |
Lucknow | 57,350 | 62,550 |
Bengaluru | 57,200 | 62,400 |
Jaipur | 57,350 | 62,550 |
Patna | 57,250 | 62,450 |
Bhubaneshwar | 57,200 | 62,400 |
Hyderabad | 57,200 | 62,400 |
The Multi Commodity Exchange is closed on Sunday, February 18.
The retail price of gold within the nation is the quantity prospects pay for it. This worth is influenced by numerous components, together with the worldwide gold worth, the worth of the Rupee, and the prices related to labour and supplies used within the manufacturing of gold jewelry.
Gold is extremely vital in India due to its cultural significance, its worth for funding, and its conventional position in weddings and festivals.
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2024 Outlook: Rs 70,000 Per 10 Grams Gold Price
According to the All India Gem and Jewellery Domestic Council (GJC), they’ve lately stated that prevailing international financial uncertainties and geopolitical tensions are anticipated to propel gold costs to a historic excessive of Rs 70,000 per 10 grams within the upcoming 12 months. This trajectory underscores gold’s standing as a reliable funding and a precious hedge in opposition to inflation.
first revealed: February 18, 2024, 12:06 IST
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