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Gold Rate Today In India: Check 22 and 24 carat weight gold rates in various cities on December 14, 2024
Gold and silver rates today, December 14.
Gold Rate Today In India: Gold rates in India relieved partially on December 14, Saturday, according to the worldwide fad. The price of 24-carat gold, understood for its exceptional pureness, was Rs 79,010 per 10 grams, making it a recommended option for financiers. Meanwhile, 22-carat gold, valued for its resilience and commonly made use of in jewelry, was valued at Rs 72,440 per 10 grams, remaining to be prominent with jewelry purchasers.
Silver Rate Today
Silver, on the various other hand, was trading at Rs 93,400 per kg.
Today Gold Rate: Retail Gold Price On December 14
Check gold rates in various cities on December 14, 2024; (In Rs 10/gram)
City | 22 Carat Gold Rate Today | 24 Carat Gold Rate Today |
Delhi | 72,440 | 79,010 |
Mumbai | 72,290 | 78,860 |
Ahmedabad | 72,340 | 78,910 |
Chennai | 72,290 | 78,860 |
Kolkata | 72,290 | 78,860 |
Pune | 72,290 | 78,860 |
Lucknow | 72,440 | 79,010 |
Bengaluru | 72,290 | 78,860 |
Jaipur | 72,440 | 79,010 |
Patna | 72,340 | 78,910 |
Bhubaneshwar | 72,290 | 78,860 |
Hyderabad | 72,290 | 78,860 |
The MCX continued to be shut on Saturday, as the products exchange continues to be shut on every Saturday and Sunday.
In the worldwide market, gold was partially down at $2,648.5 an ounce, while silver was somewhat down at $30.62.
“Gold remains in the limelight with a 20.8 percent return in 2024 with a document high of Rs 79,700. In 2025, it might obtain a more 15-18 percent. Based on basic and technological variables, financiers can enhance their allowance weightage of 5-8% in gold and 10-15% in silver in the total profile,” said Pranay Aggarwal, CEO of discount broker Stoxkart.
Retail Cost of Gold in India
What Is the Retail Price of Gold Per Gram?
The retail price of gold per gram represents the cost consumers pay for a single gram of gold, typically quoted in Indian Rupees. This rate varies daily and is influenced by global economic trends, geopolitical events, and the balance of supply and demand.
What Factors Influence Gold Prices in India?
In India, gold prices are shaped by international market rates, import duties, taxes, and currency exchange fluctuations. These factors collectively determine the daily gold rates across the country.
Gold has deep cultural and financial significance in India. It is a preferred investment option and is key in celebrations, particularly during weddings and festivals.
As market characteristics develop, financiers and investors very closely keep track of these changes. Staying educated is crucial for successfully browsing the ever-changing patterns.