Reported By: Mohammad Haris
News18.com
Last Updated: March 29, 2024, 11:15 IST
New Delhi, India
Gold rate today in India on March 29, 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: On March 29, 2024, gold prices experienced an increase in India largely. However, the fundamental price for 10 grams remained close to Rs 63,000. A thorough analysis of the market revealed that the average price for 10 grams of 24-carat gold was approximately Rs 68,730, while 22-carat gold averaged around Rs 63,000.
At the same time, the silver market displayed an upward trend, reaching Rs 77,800 per kilogram.
Gold rate today in India: Retail gold price on March 29
Gold Rate Today In Delhi
As of March 29, 2024, in Delhi, the current price for 10 grams of 22-carat gold is approximately Rs 63,150, whereas 10 grams of 24-carat gold is priced at around Rs 68,880.
Gold Rate Today In Mumbai
Currently in Mumbai, the price of 10 grams of 22-carat gold stands at Rs 63,000, while the equivalent amount of 24-carat gold is valued at Rs 68,730.
Gold Rate Today In Ahmedabad
In Ahmedabad, the price for 10 grams of 22-carat gold is Rs 63,050, and for the same amount of 24-carat gold, it’s Rs 68,780.
Check gold rates today in different cities on March 29, 2024; (In Rs/10 grams)
Multi Commodity Exchange
The Multi Commodity Exchange (MCX) remained closed on March 29 on account of Good Friday.
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.