Current Gold Prices in India
Overview: The price of gold in India is experiencing a downward trend, especially during the festive season of Ganesh Utsav, making it a favorable time for those looking to purchase gold jewelry. With sales reportedly increasing by up to 50% compared to last year, this is a golden opportunity for buyers. On Wednesday, September 11, 2024, gold prices have dropped, while silver prices have seen a rise. Today’s silver rate stands at Rs 86,100 per kg.
Gold Rates Across Major Cities
Here are the latest gold rates in several major cities across India:
City | 22 Carat Gold Rate (per 10 grams) | 24 Carat Gold Rate (per 10 grams) |
Delhi | Rs 66,910 | Rs 72,980 |
Mumbai | Rs 66,760 | Rs 72,830 |
Ahmedabad | Rs 66,810 | Rs 72,880 |
Chennai | Rs 66,760 | Rs 72,830 |
Kolkata | Rs 66,760 | Rs 72,830 |
Gurgaon | Rs 66,910 | Rs 72,980 |
Lucknow | Rs 66,910 | Rs 72,980 |
Bangalore | Rs 66,760 | Rs 72,830 |
Jaipur | Rs 66,910 | Rs 72,980 |
Patna | Rs 66,810 | Rs 72,880 |
Bhubaneswar | Rs 66,760 | Rs 72,830 |
Hyderabad | Rs 66,760 | Rs 72,830 |
Price Comparison from Previous Day
In comparison, gold prices in the national capital increased on Tuesday, climbing by Rs 600 to reach Rs 74,100 per 10 grams, driven by increased buying activity from jewelers. The previous trading session had gold priced at Rs 73,500 per 10 grams. Similarly, silver also saw an uptick, rising by Rs 700 to close at Rs 84,500 per kg from Rs 83,800 per kg in the prior session.
Conclusion
As we approach the festive season, the declining prices of gold present a unique opportunity for buyers to invest in gold jewelry, whether for ceremonial purposes or as a valuable asset. With the increase in sales this year, it’s clear that consumers are taking advantage of the favorable pricing. Always keep an eye on daily fluctuations to make the most informed purchasing decisions.