Gold Rate Falls In India: Check 22 Carat Price In Your City On April 03

FinMin Raises Import Duties On Gold, Silver Findings, Coins Of Precious Metals To 15%
Gold rate today in India on April 3, 2024. (Representative image)

Gold rate today in India on April 3, 2024. (Representative image)

Gold rate today in India: Know retail gold price trends on April 03

Gold Rate Today In India: In a day marked by fluctuating trends, the price of gold in India remained resilient, with the fundamental rate for 10 grams holding steady near Rs 69,000. Market analysis revealed that the average price for 10 grams of 24-carat gold hovered around Rs 69,100, while 22-carat gold maintained an average of approximately Rs 63,340. Investors and traders closely monitored these developments amidst ongoing market volatility. Stay tuned for further updates on this developing story.

Concurrently, the silver market exhibited an upward trajectory, trending to Rs 79,100 per kilogram.

Gold rate today in India: Retail gold price on April 03

Gold Rate Today In Delhi

As of April 3, 2024, the price of 10 grams of 22-carat gold in Delhi is approximately Rs 63,490, while the rate for 10 grams of 24-carat gold stands at roughly Rs 69,250.

Gold Rate Today In Mumbai

Currently in Mumbai, the price of 10 grams of 22-carat gold stands at Rs 63,340, while the equivalent amount of 24-carat gold is valued at Rs 69,100.

Gold Rate Today In Ahmedabad

In Ahmedabad, the price for 10 grams of 22-carat gold is Rs 63,390, and for the same amount of 24-carat gold, it’s Rs 69,150.

Check gold rates today in different cities on April 03, 2024; (In Rs/10 grams)

City 22 Carat Gold Price 24-Carat Gold Price
Chennai 64,290 70,140
Kolkata 63,340 69,100
Gurugram 63,490 69,250
Lucknow 63,490 69,250
Bengaluru 63,340 69,100
Jaipur 63,490 69,250
Patna 63,390 69,150
Bhubaneshwar 63,340 69,100
Hyderabad 63,340 69,100

Multi Commodity Exchange

On April 03, 2024, the Multi Commodity Exchange (MCX) saw active trading in gold futures contracts expiring on June 5, 2024. These contracts were priced at Rs 69,387 per 10 grams. Additionally, silver futures contracts expiring on May 3, 2024, were quoted at Rs 78,000 on the MCX.

Retail Cost of Gold

The gold price in India, often referred to as the retail gold price, reflects the final cost per unit weight paid by consumers when purchasing gold. This price is influenced by numerous factors beyond the inherent value of the metal.

Gold carries great significance in India because of its cultural importance, its role as a valuable investment, and its traditional connection with weddings and festivals.

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