Retail Gold price today on July 24, 2024
Gold rates have seen a significant decline across India, with 24 karat purity prices falling below the Rs. 6,990 per 10 grams mark in all major cities. A city-by-city comparison reveals a tight pricing range:
Retail Gold price today: Mumbai, Ahmedabad, Bengaluru
Mumbai, the financial hub, presents gold at Rs. 6,986.2 per 10 grams, positioning itself in the middle of the national range.
Bengaluru leads with the highest rate, offering gold at Rs. 6,986.8 per 10 grams, closely followed by
In western India, Ahmedabad quotes gold at Rs. 6,986.4 per 10 grams, while the national capital Delhi follows closely at Rs. 6,986.3.
Retail Gold price today: Chennai, Kolkata, Ahmedabad and other major cities
Interestingly, the eastern region offers the most competitive rates, with Lucknow at Rs. 6,985.6 and Kolkata providing the lowest price nationwide at Rs. 6,985.5 per 10 grams.
Meanwhile, the southern cities are setting the upper limit for gold prices nationwide, as Chennai has also registered among the leading gold prices at Rs. 6,986.7.
Notably, the price difference between the highest (Bengaluru) and lowest (Kolkata) is a mere Rs. 1.3 per 10 grams, highlighting a remarkably uniform pricing structure across diverse geographical and economic zones.
This nationwide price dip, reflecting global trends and local market conditions, presents a cohesive picture of India’s gold market. As the festive season approaches, the consistent lower prices across urban centers may significantly influence consumer behavior and industry strategies, potentially stimulating gold purchases throughout the country.
