India’s Gold Prices Drop: Find Out the 22-carat Price in Your City on April 18
Today’s Gold Pricing in India: The price of gold in India followed an upward trajectory on April 18, demonstrating resilience despite fluctuations throughout the preceding week. The initial valuation for 10 grams of gold remained steadfast, hovering around Rs 74,140. Pure gold (24-carat) was exchanging hands at approximately Rs 74,120 per 10 grams, while 22-carat gold commanded a price of roughly Rs 67,940.
Simultaneously, the silver market exhibited an upward trend, reaching Rs 86,400 per kilogram.
Current Gold Prices in India: Retail gold prices as of April 18
Gold Pricing Today In Mumbai:
Presently, in Mumbai, the price of 10 grams of 22-carat gold stands at Rs 67,940, whereas the equivalent amount of 24-carat gold is valued at Rs 74,120.
Gold Pricing Today In Delhi:
As of April 18, 2024, the price of 10 grams of 22-carat gold in Delhi is approximately Rs 68,090, with the rate for 10 grams of 24-carat gold standing at roughly Rs 74,270.
Gold Pricing Today In Ahmedabad:
In Ahmedabad, the price for 10 grams of 22-carat gold is Rs 68,020, and for the same quantity of 24-carat gold, it amounts to Rs 74,170.
Examine the gold rates today in various cities on April 18, 2024; (In Rs/10 grams)
CITY 22 CARAT GOLD PRICE 24-CARAT GOLD PRICE
Chennai 68,690 74,940
Kolkata 67,940 74,120
Gurugram 68,090 74,270
Lucknow 68,090 74,270
Bengaluru 67,940 74,120
Jaipur 68,090 74,270
Patna 67,990 74,170
Bhubaneshwar 67,940 74,120
Hyderabad 67,940 74,120
Multi commodity exchange:
On April 18, 2024, the MCX witnessed active trading in gold futures contracts expiring on June 5, 2024. These contracts were priced at Rs 72,518 per 10 grams. Additionally, silver futures contracts maturing on May 3, 2024, were quoted at Rs 83,500 on the MCX.
Investors and traders closely monitored these developments amidst the ongoing market volatility. Stay tuned for further updates on this unfolding narrative.
Retail Price of Gold:
The gold price in India, commonly referred to as the retail gold price, denotes the ultimate cost per unit weight borne by consumers when acquiring gold. This price is influenced by myriad factors beyond the intrinsic value of the metal.
Gold holds significant cultural, investment, and traditional value in India, particularly in association with weddings and festivals.
