Check the 22-carat price in your city on September 10 as the price of gold drops in India
On September 10, 10 grams of gold would cost around Rs 60,000 at retail prices spread across different Indian cities. For a more thorough comparison, 10 grams of 22-carat gold are priced at Rs 54,850, compared to Rs 59,840 for 10 grams of 24-carat gold. Each kilogram of silver costs Rs 74,700.
Retail gold prices as of September 10 (see table below)
Current Gold Rate in Delhi
22 karat gold cost Rs 55,000 for 10 grams in Delhi. Customers must pay Rs 60,000/10 grams for 24 carat.
Gujarat Gold Rate
In Ahmedabad, 22-carat gold costs Rs 54,900 per 10 kilos and 24-carat gold costs Rs 59,890 per 10 grams. If the price changes during the day, this article will be updated.
Bangalore Gold Rate
In Chennai, 10 grams of 22-carat gold cost Rs 55,100. The retail price of 10 grams of 24 karat gold is Rs 60,110 in Chennai, the capital of Tamil Nadu.
Check gold rates today in different cities on September 10, 2023; (In Rs/10 grams)
| CITY | 22 CARAT GOLD PRICE | 24 CARAT GOLD PRICE |
| Mumbai | 54,850 | 59,840 |
| Gurugram | 55,000 | 60,000 |
| Kolkata | 54,850 | 59,840 |
| Lucknow | 55,000 | 60,000 |
| Bengaluru | 54,850 | 59,840 |
| Jaipur | 55,000 | 60,000 |
| Patna | 54,900 | 59,890 |
| Bhubaneshwar | 54,850 | 59,840 |
| Hyderabad | 54,850 | 59,840 |
Gold futures with an October 5, 2023, maturity date were trading on the Multi Commodity Exchange for Rs. 58,907. Silver, on the other hand, was priced at Rs 71,538 and will mature on December 5.
Global economic circumstances, inflation rates, currency movements, as well as regional demand and supply dynamics, all have an impact on gold prices in India.
Several things may affect the price of gold, including the following:
Supply and Demand: The market’s interaction between supply and demand has a significant impact on the price of gold. The price of gold often rises as demand rises. On the other hand, a rise in the quantity of gold available may result in a drop in price.
Global Economic Conditions: The price of gold is significantly influenced by the state of the global economy. Investors often choose gold as a refuge during times of a worldwide economic slump, driving up the price.
Political Instability: Political unrest may also affect the price of gold. Gold prices rise when there is political unrest or crisis in a significant nation because investors may want to protect their investments by buying gold as a hedge against uncertainty.
In addition, the price at which gold is sold to customers in India is reflected in its retail price. This price is influenced by a number of variables, such as the price of gold on the world market, the value of the Indian rupee, and the costs of the materials and labor required to make gold jewelry.
Due to its cultural significance, financial potential, and customary use in weddings and celebrations, gold has a significant cultural and social impact in India.
