Curated By: Namit Singh Sengar
News18.com
Last Updated: March 21, 2024, 09:28 IST
New Delhi, India
Gold rate today in India on March 21, 2024: India is the largest importer of gold, which mainly caters to the demand of the jewellery industry. (Representative image)
Gold Rate Today In India: March 21, 2024 saw fluctuations in gold rates across India. Despite this, the fundamental price for 10 grams remained near Rs 66,000. A comprehensive analysis of prices indicated that the average cost for 10 grams of 24-carat gold hovered around Rs 66,320, with 22-carat gold averaging approximately Rs 60,790.
At the same time, the silver market displayed an upward trend, reaching Rs 76,900 per kilogram.
Gold rate today in India: Retail gold price on March 21
Gold Rate Today In Mumbai
Currently in Mumbai, the price of 10 grams of 22-carat gold stands at Rs 60,790, while the equivalent amount of 24-carat gold is valued at Rs 66,320.
Gold Rate Today In Delhi
As of March 21, 2024, in Delhi, the current price for 10 grams of 22-carat gold is approximately Rs 60,940, whereas 10 grams of 24-carat gold is priced at around Rs 66,470.
Gold Rate Today In Ahmedabad
In Ahmedabad, the price for 10 grams of 22-carat gold is Rs 60,840, and for the same amount of 24-carat gold, it’s Rs 66,370.
Check gold rates today in different cities on March 21, 2024; (In Rs/10 grams)
Multi Commodity Exchange
On March 21, 2024, the Multi Commodity Exchange (MCX) saw active trading in gold futures contracts expiring on April 5, 2024. These contracts were priced at Rs 66,686 per 10 grams. Additionally, silver futures contracts expiring on May 3, 2024, were quoted at Rs 76,417 on the MCX.
Retail Cost of Gold
The retail price of gold in India, often referred to as the gold rate, is the final cost per unit weight that customers pay when purchasing gold. This price is influenced by several factors beyond the inherent value of the metal itself.
Gold is highly important in India because of its cultural significance, its value for investment, and its traditional role in weddings and festivals.
