Retail Gold price today on June 5, 2024
The retail gold prices remained largely unchanged across major cities in India on Wednesday. After a recent dip, the precious metal seems to have stabilized within a narrow range over the last few trading sessions.
Retail Gold price today: Mumbai, Delhi, Bengaluru, Ahmedabad
In the national capital Delhi, 22-carat gold is trading at Rs. 7,405.2 per 10 grams. The same rate of Rs. 7,405.2 per 10 grams is quoted for 22-carat gold in cities like Ahmedabad, Bengaluru, Chennai, and Kolkata as well, according to jewellers and bullion traders.
In the financial hub Mumbai, 22-carat gold is priced marginally lower at Rs. 7,404.2 per 10 grams. However, the price difference is negligible.
The rates for 24-carat gold are also aligned across metro cities. It is selling at Rs. 8,073 per 10 grams in Delhi, Mumbai, Ahmedabad, and other major centres.
In Lucknow, the capital city of Uttar Pradesh, both 22-carat gold is available at Rs. 7,405.2 per 10 grams respectively.
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.
