Gold Rate Today In India: Check 22 Carat Price In Your City On October 21 – News18

Gold Rate Today 22 and 24 Carat: On October 21, gold prices in India were around Rs 77,000 per 10 grams. The price of 24-carat gold, known for its highest purity, stood at Rs 79,410 per 10 grams. For jewellery buyers, 22-carat gold, which is more durable due to its alloy composition, was priced at Rs 72,790 per 10 grams.

Silver, on the other hand, was trading at Rs 99,400 per kilogram.

In the international market, gold rose to a fresh high on Monday, extending its blazing rally amid uncertainties surrounding the U.S. election, simmering Middle East tensions and rate cuts by major central banks. At the same time, silver scaled a near 12-year peak.

Spot gold was up 0.4% at $2,731.79 per ounce, as of 0331 GMT, after hitting an all-time high of $2,732.73 earlier. U.S. gold futures were 0.6% higher at $2,746.80.

Helped by bullion’s rally, spot silver rose 1.3% to $34.08 per ounce, its highest since late 2012.

Gold Rate Today In India: Retail Gold Price On October 21

Check gold prices today in different cities on October 21, 2024; (In Rs 10/gram)

Retail Cost of Gold in India

What Is The Retail Price Of Gold Per Gram?

Gold price per gram refers to the cost of a single gram of gold, typically expressed in a currency like Indian Rupees. This price fluctuates daily based on several factors, including economic conditions, geopolitical events, and supply-demand dynamics.

In India, the retail price of gold, which is the final cost consumers pay, is influenced by more than just its market value. Various factors, such as import duties, taxes, and currency exchange rates, play a significant role.

Gold holds deep cultural significance in India, serving as a popular investment and playing a central role in weddings and festivals.

As market conditions evolve, investors and traders closely monitor these trends. Stay tuned for further updates.