Retail Gold Price: Precious metals ranges around Rs. 7,340 in major cities

Retail Gold price today on June 12, 2024

The pricing of 24-carat gold, the highest quality of the precious metal, has showcased distinctions across major cities in India’s diverse urban landscape. While the deviations are not substantial, they underscore the intricate dynamics that shape local gold market rates.

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

Mumbai, the financial powerhouse driving India’s economic engine, has pegged the rate for 24-carat gold at Rs. 7,340.3 per 10 grams, according to jewelers and bullion traders operating in the city’s bustling markets.

In Delhi, the nation’s capital renowned for its rich history and modern prowess, the price of 24-carat gold stands at Rs. 7,339.9 per 10 grams, slightly lower than the rates prevalent in the financial hub of Mumbai.

Ahmedabad, the vibrant city in Gujarat known for its entrepreneurial spirit, has recorded the price of 24-carat gold at Rs. 7,340.1 per 10 grams, closely mirroring the rates in India’s financial epicenter.

Bengaluru, the silicon valley of India and a hub of technology and innovation, has quoted the price of 24-carat gold at Rs. 7,339.5 per 10 grams, exhibiting a marginal variance from other major cities.

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 registered at Rs. 7,337.7 per 10 grams, displaying a notable difference compared to other urban centers.

Kolkata, the cultural capital of West Bengal known for its literary and artistic legacy, has pegged the price of 24-carat gold at Rs. 7,337.7 per 10 grams, aligning with the rates in the coastal city of Chennai.

Lucknow, the historic city of Nawabs in Uttar Pradesh, has reported the rate of Rs. 7,337.8 per 10 grams for 24-carat gold, closely mirroring the prices in the cultural hubs of Kolkata and Chennai.