Retail Gold Price: Major cities witness price around Rs. 7,330 / 10 gms

Retail Gold price today on June 13, 2024

The pricing of 24-carat gold, the purest form of the precious metal, has exhibited minor fluctuations across India’s diverse urban landscape. While the variations are not significant, they highlight the dynamic nature of the gold market and the factors influencing local rates.


Retail Gold price today: Mumbai, Delhi, Bengaluru, Ahmedabad

In Mumbai, the financial powerhouse driving India’s economic engine, the rate for 24-carat gold stands at Rs. 7,330.2 per 10 grams, as per jewelers and bullion traders operating in the city’s bustling markets.

Delhi, the nation’s capital renowned for its rich history and modern prowess, has witnessed the price of 24-carat gold settle at Rs. 7,330.5 per 10 grams, marginally higher than the rates prevalent in Mumbai.

Ahmedabad, the vibrant city in Gujarat known for its entrepreneurial spirit, has recorded the price of 24-carat gold at Rs. 7,331.4 per 10 grams, showcasing a slight premium compared to other major cities.

Bengaluru, the silicon valley of India and a hub of technology and innovation, has quoted the price of 24-carat gold at Rs. 7,331.6 per 10 grams, reflecting the highest rate among the urban centers mentioned.

Retail Gold price today: Chennai, Kolkata and other major cities

In the southern metropolis of Chennai, renowned for its rich cultural heritage and bustling business districts, the rate for 24-carat gold has been pegged at Rs. 7,330.1 per 10 grams, closely aligning with the rates in Mumbai.

Kolkata, the cultural capital of West Bengal known for its literary and artistic legacy, has also witnessed the price of 24-carat gold at Rs. 7,330.1 per 10 grams, mirroring the rates in the coastal city of Chennai.

Lucknow, the historic city of Nawabs in Uttar Pradesh, has reported the rate of Rs. 7,331.1 per 10 grams for 24-carat gold, exhibiting a marginal difference from other urban centers.

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.