Reported By: Aparna Deb
News18.com
Last Updated: March 22, 2024, 11:01 IST
New Delhi, India
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Gold Rate Today In India: March 22, 2024, saw fluctuations in gold rates across India. The price of 24-carat gold climbed Rs 10 in early trade on Thursday, with ten grams of the precious metal trading at Rs 67,430, according to the GoodReturns website. The price of silver rose Rs 100, with one kilogram of the precious metal selling at Rs 78,600.
The price of 22-carat gold also rose Rs 10 with the yellow metal selling at Rs 61,810.
Gold rate today in India: Retail gold price on March 22
The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 67,430.
In Delhi, Bengaluru, and Chennai, the price of ten grams of 24-carat gold stood at Rs 67,580, Rs 67,430, and Rs 68,030, respectively.
In Mumbai, the price of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 61,810.
In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 61,960, Rs 61,810, and Rs 62,360, respectively.
Check gold rates today in different cities on March 22, 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 66,199 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.
