Retail Gold price today on July 5, 2024
Gold rates have climbed to new heights across India, with 24 karat purity prices surpassing Rs. 7,450 per 10 grams in all major cities. A city-by-city comparison reveals a remarkably tight price range:
Retail Gold price today: Mumbai, Delhi, Bengaluru
Ahmedabad leads the pack, offering gold at Rs. 7,451.0 per 10 grams, closely followed by Delhi at Rs. 7,450.8. Meanwhile, Bengaluru offers the most competitive rate nationwide at Rs. 7,450.3 per 10 grams.
Mumbai, the financial capital, stands at Rs. 7,450.5.
Retail Gold price today: Chennai, Kolkata, Ahmedabad and other major cities
In the northern region, Lucknow presents a competitive rate of Rs. 7,450.6, while the southern cities show a slight variation, with Chennai at Rs. 7,450.4.
Kolkata isn’t far behind, quoting Rs. 7,450.7.
Interestingly, the price difference between the highest (Ahmedabad) and lowest (Bengaluru) is merely Rs. 0.7 per 10 grams, highlighting a uniform surge across diverse geographical and economic zones.
This nationwide price hike, attributed to global economic factors and festive season demand, presents a unified picture of India’s gold market. The consistency in high prices across these urban centers may significantly impact consumer behavior and industry strategies as the festive season approaches, potentially reshaping gold purchase patterns across the country.
