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July 4, 2024
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Gold Price Falls In India: Check 24 Carat Rate In Your City On June 27

Gold Rate Today In India: On June 27, the price of 10 grams of gold was approximately Rs 72,000. Pure 24-carat gold was valued at Rs 71,990 per 10 grams, while 22-carat gold was priced at Rs 65,990 per 10 grams. At the same time, the price of silver dropped to Rs 89,900 per kilogram.

Gold rate today in India: Retail gold price on June 27

Check gold rates today in different cities on June 27, 2024; (In Rs/10 grams)

City 22 Carat Gold Price 24-Carat Gold Price
Delhi 66,140 72,140
Mumbai 65,990 71,990
Ahmedabad 66,040 72,040
Chennai 66,590 72,650
Kolkata 65,990 71,990
Gurugram 66,140 72,140
Lucknow 66,140 72,140
Bengaluru 65,990 71,990
Jaipur 66,140 72,140
Patna 66,040 72,040
Bhubaneshwar 65,990 71,990
Hyderabad 65,990 71,990

Multi Commodity Exchange

On June 27, 2024, the Multi Commodity Exchange (MCX) saw active trading in gold futures contracts expiring on August 05, 2024, at Rs 70,987 per 10 grams. Silver futures contracts expiring on July 5, 2024, were quoted at Rs 86,632 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.

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