Gold Price Rises in India

Discover the 24 Carat Rate in Your City on January 27…

On January 27, 2024, gold prices experienced fluctuations in various Indian cities. The standardized rate for 10 grams was approximately Rs 63,000. For 24-carat gold, the mean cost per 10 grams was Rs 63,050, while for 22-carat gold, it was Rs 57,800.

During the same period, the silver market displayed a consistent upward trend, reaching Rs 76,500 per kilogram.

Gold Rate Today In Mumbai

In Mumbai, the current price for 10 grams of 22-carat gold is Rs 57,800, while the equivalent amount of 24-carat gold is valued at Rs 63,050.

Gold Rate Today In Chennai 

In Chennai, the current rates are Rs 58,400 for 10 grams of 22-carat gold and Rs 63,710 for the same quantity of 24-carat gold.

Gold Rate Today In Delhi

In Delhi, the current prices stand at Rs 57,950 for 10 grams of 22-carat gold and Rs 63,200 for the equivalent quantity of 24-carat gold.

Multi Commodity Exchange

As of January 25, 2024, active trading on the Multi Commodity Exchange saw gold futures set to expire on February 05 at Rs 61,950, while silver futures with a March 05, 2024, expiration date were quoted at Rs 71,795.

The retail cost of gold in the country is determined by factors such as the global gold price, the value of the Rupee, and expenses related to labor and materials used in gold jewelry production, influencing the amount customers pay for it.

Gold holds significant importance in India due to its cultural significance, its role as an investment asset, and its traditional importance in weddings and festivals.