Retail Gold Price Today on May 14, 2024

The retail gold price in India today remained elevated across major cities, with the rates for the highest purity 24 karat gold averaging around ₹7,300 per gram.

Retail Gold Price Today: Delhi, Mumbai, Bengaluru

As per the latest data from leading jewellers and bullion markets, the retail gold price today in most metros hovered in the range of ₹7,324-₹7,337 per gram for 24 karat gold.

In the national capital Delhi and neighboring Gurugram, the price of 24K gold was quoted at ₹7,337 per gram. Financial hub Mumbai saw 24K gold priced at ₹7,324 per gram, in line with rates in cities like Bengaluru, Hyderabad, and Nagpur.

Retail Gold Price Today: Kolkata, Pune, Others

The retail gold price today in cities like Kolkata and Pune aligned with the Mumbai rate at ₹7,324 per gram for 24 karat purity.

Some cities witnessed slightly higher rates, with Chennai quoting 24K gold at ₹7,335 per gram, while Ahmedabad and Surat priced it at ₹7,327 per gram.

For those seeking to purchase the most popular 22 karat gold variant, prices ranged from ₹6,714 per gram in cities like Mumbai, Bengaluru, and Kolkata to ₹6,729 per gram in Delhi, Gurugram, Lucknow, and Jaipur.

Note: The retail gold prices are derived from benchmark rates in major bullion markets, with factors like local taxes, making charges, and premiums by jewellers influencing the prices across different cities.

Industry experts suggest tracking retail rates closely, as gold prices often fluctuate based on global cues, currency movements, and demand-supply dynamics in the domestic market.

TOPICS: Gold Rate