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Business / Thu, 11 Jul 2024 News18

Gold Price Falls In India: Check 22 Carat Rate In Your City On July 11

Gold Rate Today In India: Gold prices in India glittered near Rs 73,000 per 10 grams on July 11. This price reflects a premium for purer gold, with 24-carat, the highest purity, reaching Rs 73,190 per 10 grams. For those looking for jewellery, 22-carat gold, which is more durable due to a slight mix of alloys, was priced at Rs 67,090 per 10 grams. Gold rate today in India: Retail gold price on July 11Check gold rates today in different cities on July 11, 2024; (In Rs/10 grams)City 22 Carat Gold Rate Today 24 Carat Gold Rate Today Delhi 67,240 73,340 Mumbai 67,090 73,190 Ahmedabad 67,140 73,240 Chennai 67,690 73,840 Kolkata 67,090 73,190 Gurugram 67,240 73,340 Lucknow 67,240 73,340 Bengaluru 67,090 73,190 Jaipur 67,240 73,340 Patna 67,140 73,240 Bhubaneshwar 67,090 73,190 Hyderabad 67,090 73,190India’s reliance on imported gold largely influences domestic prices, which closely mirror global trends. Retail Cost of Gold in IndiaThe retail price of gold in India, reflecting the final cost per unit weight for consumers, is influenced by various factors beyond the metal’s intrinsic value.

Gold Rate Today In India: Gold prices in India glittered near Rs 73,000 per 10 grams on July 11. This price reflects a premium for purer gold, with 24-carat, the highest purity, reaching Rs 73,190 per 10 grams. For those looking for jewellery, 22-carat gold, which is more durable due to a slight mix of alloys, was priced at Rs 67,090 per 10 grams.

Meanwhile, silver’s price stood at Rs 94,400 per kilogram.

Gold rate today in India: Retail gold price on July 11

Check gold rates today in different cities on July 11, 2024; (In Rs/10 grams)

City 22 Carat Gold Rate Today 24 Carat Gold Rate Today Delhi 67,240 73,340 Mumbai 67,090 73,190 Ahmedabad 67,140 73,240 Chennai 67,690 73,840 Kolkata 67,090 73,190 Gurugram 67,240 73,340 Lucknow 67,240 73,340 Bengaluru 67,090 73,190 Jaipur 67,240 73,340 Patna 67,140 73,240 Bhubaneshwar 67,090 73,190 Hyderabad 67,090 73,190

India’s reliance on imported gold largely influences domestic prices, which closely mirror global trends. Additionally, the cultural importance of gold in India, particularly during festivals and weddings, can impact demand levels.

Retail Cost of Gold in India

The retail price of gold in India, reflecting the final cost per unit weight for consumers, is influenced by various factors beyond the metal’s intrinsic value.

Gold holds immense cultural importance in India, serving as a major investment and playing a crucial role in traditional weddings and festivals.

Amid ongoing market fluctuations, investors and traders closely monitor these dynamics. Stay tuned for further updates on this evolving story.

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