Retail Gold price today on July 6, 2024
Gold rates have witnessed a significant uptick across India, with 24 karat purity prices breaching the Rs. 7,498 per gram threshold in all major cities. A city-wise comparison reveals subtle yet noteworthy variations:
Retail Gold price today: Chennai, Kolkata, Ahmedabad and other major cities
Kolkata leads the chart, offering gold at Rs. 7,499.3 per 10 grams, closely followed by Delhi at Rs. 7,499.1. These eastern and northern capitals showcase the highest rates nationwide.
In the southern region, Chennai presents a rate of Rs. 7,498.5, positioning itself in the middle of the national range.
Retail Gold price today: Mumbai, Ahmedabad, Bengaluru
Mumbai, the financial hub, trails slightly behind at Rs. 7,498.9, while Lucknow in Uttar Pradesh quotes Rs. 7,498.7 per 10 grams.
Western India sees Ahmedabad offering gold at Rs. 7,498.2, while Bengaluru in the south provides the most competitive rate at Rs. 7,498.1 per 10 grams.
Notably, the price difference between the highest (Kolkata) and lowest (Bengaluru) is a mere Rs. 1.2 per 10 grams, underscoring a remarkably uniform surge across diverse geographical and economic zones.
This nationwide price hike, reflecting global trends and local demand, presents a cohesive picture of India’s gold market. As the festive season approaches, the consistent high prices across urban centers may significantly influence consumer behavior and industry strategies, potentially reshaping gold purchase patterns throughout the country.