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Gold Rate Today In India: Check 22 and 24 carat gold prices in different cities on December 16, 2024
Gold Rate Today In India On December 16 In Different Cities Of India
Gold Rate Today In India: As of December 16, gold prices in India remained high. The cost of 24-carat gold, known for its superior purity, was Rs 77,890 per 10 grams, making it a preferred choice for investors. Meanwhile, 22-carat gold, valued for its durability and widely used in jewellery, was priced at Rs 71,400 per 10 grams, continuing to be popular with jewellery buyers.
Silver, on the other hand, was trading at Rs 92,500 per kilogram.
Today Gold Rate: Retail Gold Price On December 16
Check gold prices in different cities on December 16, 2024; (In Rs 10/gram)
| City | 22 Carat Gold Rate Today | 24 Carat Gold Rate Today |
| Delhi | 71,550 | 78,040 |
| Mumbai | 71,400 | 77,890 |
| Ahmedabad | 71,450 | 77,940 |
| Chennai | 71,400 | 77,890 |
| Kolkata | 71,400 | 77,890 |
| Pune | 71,400 | 77,890 |
| Lucknow | 71,550 | 78,040 |
| Bengaluru | 71,400 | 77,890 |
| Jaipur | 71,550 | 78,040 |
| Patna | 71,450 | 77,940 |
| Bhubaneshwar | 71,400 | 77,890 |
| Hyderabad | 71,400 | 77,890 |
What Is the Retail Price of Gold Per Gram?
The retail price of gold per gram represents the cost consumers pay for a single gram of gold, typically quoted in Indian Rupees. This rate varies daily and is influenced by global economic trends, geopolitical events, and the balance of supply and demand.
What Factors Influence Gold Prices in India?
In India, gold prices are shaped by international market rates, import duties, taxes, and currency exchange fluctuations. These factors collectively determine the daily gold rates across the country.
Gold has deep cultural and financial significance in India. It is a preferred investment option and is key in celebrations, particularly during weddings and festivals.
As market dynamics evolve, investors and traders closely monitor these shifts. Staying informed is essential for effectively navigating the ever-changing trends.
