Gold Rate Rises In India: Check 22 Carat Price In Your City On June 21 – News18


Gold rate today in India on June 21, 2024. (Representative image)

Gold Rate Today: Check gold rates today in different cities on June 21, 2024

Gold Rate Today In India: On June 21, the price of 10 grams of gold hovered around Rs 71,000. Pure 24-carat gold was valued at Rs 73,250 per 10 grams, whereas 22-carat gold was priced at Rs 67,150 per 10 grams. Meanwhile, the price of silver fell to Rs 90,900 per kilogram.

Gold rate today in India: Retail gold price on June 21

Check gold rates today in different cities on June 21, 2024; (In Rs/10 grams)

City 22 Carat Gold Price 24-Carat Gold Price
Delhi 66,340 72,460
Mumbai 66,190 72,210
Ahmedabad 66,240 72,260
Chennai 66,960 73,050
Kolkata 66,190 72,210
Gurugram 66,340 72,460
Lucknow 66,340 72,460
Bengaluru 66,190 72,210
Jaipur 66,340 72,460
Patna 66,240 72,260
Bhubaneshwar 66,190 72,210
Hyderabad 66,190 72,210

Multi Commodity Exchange

On June 21, 2024, the Multi Commodity Exchange (MCX) saw active trading in gold futures contracts expiring on August 05, 2024, at Rs 71,838 per 10 grams. Silver futures contracts expiring on July 5, 2024, were quoted at Rs 90,450 on the MCX.

India’s reliance on imported gold largely influences domestic prices, which closely mirror global trends. Additionally, the cultural importance of gold in India, particularly during festivals and weddings, can impact demand levels.

Retail Cost of Gold

The retail price of gold in India, which represents the final cost per unit weight for consumers, is influenced by various factors beyond the metal’s intrinsic value.

Gold carries significant cultural importance in India, acting as a major investment and playing a crucial role in traditional weddings and festivals.

Amid continuous market fluctuations, investors and traders closely watch these dynamics. Stay tuned for further updates on this evolving story.



Source link

Leave a Reply

Your email address will not be published. Required fields are marked *