Retail Gold price today on June 8, 2024
The prices of 24-carat gold, the purest form of the precious metal, have remained relatively stable across major cities in India. This consistent trend provides a favorable opportunity for investors and buyers looking to invest in gold or purchase jewellery for upcoming occasions.
Retail Gold price today: Mumbai, Delhi, Bengaluru, Ahmedabad
In India’s financial capital, Mumbai, the price of 24-carat gold stands at Rs. 7,319.6 per 10 grams, according to local jewellers and bullion traders.
The national capital Delhi has reported the same rate of Rs. 7,319.6 per 10 grams for 24-carat gold, reflecting the stable market conditions across the country.
In the IT hub of Bengaluru, the price of 24-carat gold is marginally higher at Rs. 7,319.7 per 10 grams, possibly due to factors like local demand and logistics costs.
The city of Ahmedabad in Gujarat has witnessed the price of 24-carat gold settle at Rs. 7,319.5 per 10 grams, slightly lower than some other metro cities.
Retail Gold price today: Chennai, Kolkata and other major cities
The southern city of Chennai has seen the rate for 24-carat gold remain stable at Rs. 7,319.6 per 10 grams, in line with the national trend.
In Kolkata, the cultural capital of West Bengal, the price of 24-carat gold is currently quoted at Rs. 7,319.4 per 10 grams.
The city of Lucknow in Uttar Pradesh has also reported the same rate of Rs. 7,319.4 per 10 grams for 24-carat gold.
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.
