Check Precious Metal Prices in Delhi, Noida, and Other Indian Cities as Gold Prices Rise
On July 26, gold prices in India slightly increased. At the time this piece was being written, the price of 10 grams of 24-carat gold in the nation was Rs 60,160, whilst the price of the same amount of 22-carat gold was Rs 55,150.
On the Multi Commodity Exchange (MCX), gold futures with a maturity date of August 4, 2023, were trading up 0.44% at Rs 59449 at 3:04 PM IST. At 3:31 pm IST, MCX silver futures for September 5 were up 0.33% at Rs 75019.
On Wednesday, investors refrained from placing large wagers in advance of the Federal Reserve’s policy announcement later in the day, which caused gold prices to increase globally while maintaining a limited range.
As of 07:47 GMT, spot gold was up 0.3% to $1,969.51 per ounce, while US gold futures were up 0.4% to $1,971.00.
In the nation’s capital, a gram of 24-carat gold costs Rs 60,320, while a gram of 22-carat gold costs Rs 55,300. In Chennai, the cost of gold is Rs 60,570 for 10 kilos of 24-carat gold and Rs 55,520 for 22-carat gold.
Wednesday, July 26, Gold Prices in Major Indian Cities:
24-carat gold costs Rs 60,160 in Kolkata, whereas 22-carat gold costs Rs 55,150.
At Rs 55,150 for 10 grams of 22-carat gold and Rs 60,160 for 24-carat gold, Mumbai’s gold prices are comparable to those in Hyderabad, Kerala, Pune, and Bhubaneswar.
In Vadodara, the cost of 10 grams of 24-carat gold is Rs 60,220, compared to Rs 55,200 for 10 kilos of 22-carat gold. In Vadodara, the cost of 10 grams of 22- and 24-carat gold is comparable to that in Ahmedabad, Bangalore, Surat, and Mysore.
Chandigarh charges Rs 60,320 for 24-carat gold and Rs 55,300 for 22-carat gold. In Chandigarh, the cost of 10 grams of 22- and 24-carat gold is comparable to that of gold in Lucknow, Jaipur, and Noida.
