On December 2, 2024, gold prices in India remained high, with 24-carat gold, known for its superior purity, priced at Rs 77,990 per 10 grams. Meanwhile, 22-carat gold, which is more durable due to its alloyed composition and popular in jewelry, was valued at Rs 71,490 per 10 grams.
In various cities across India, the gold prices were as follows:
Delhi: 22-carat gold Rs 71,640, 24-carat gold Rs 78,140
Mumbai: 22-carat gold Rs 71,490, 24-carat gold Rs 77,990
Ahmedabad: 22-carat gold Rs 71,540, 24-carat gold Rs 78,040
Chennai: 22-carat gold Rs 71,490, 24-carat gold Rs 77,990
Kolkata: 22-carat gold Rs 71,490, 24-carat gold Rs 77,990
Pune: 22-carat gold Rs 71,490, 24-carat gold Rs 77,990
Lucknow: 22-carat gold Rs 71,640, 24-carat gold Rs 78,140
Bengaluru: 22-carat gold Rs 71,490, 24-carat gold Rs 77,990
Jaipur: 22-carat gold Rs 71,640, 24-carat gold Rs 78,140
Patna: 22-carat gold Rs 71,540, 24-carat gold Rs 78,040
Bhubaneswar: 22-carat gold Rs 71,490, 24-carat gold Rs 77,990
Hyderabad: 22-carat gold Rs 71,490, 24-carat gold Rs 77,990
Factors Influencing Gold Prices in India
The retail price of gold per gram is influenced by global economic trends, geopolitical events, and the interplay of supply and demand. In India, additional factors like import duties, taxes, and currency exchange fluctuations also affect the price.
Gold remains a vital cultural and financial asset in India, with its importance deeply rooted in festivals and weddings. As a popular investment, traders and investors closely monitor these price fluctuations to navigate the dynamic market effectively.
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