Gold Price Rises In India: Check 24 Carat Rate In Your City On June 28 – News18

Gold prices in India on June 28.

Gold prices in India on June 28.

Gold Rate Today: Check gold prices today in different cities on June 28, 2024

Gold Rate Today In India: On June 28, the price of 10 grams of gold was approximately Rs 72,000. Pure 24-carat gold rose to Rs 71,160 per 10 grams, while 22-carat gold was priced at Rs 66,150 per 10 grams. At the same time, the price of silver dropped to Rs 90,000 per kilogram.

Gold rate today in India: Retail gold price on June 28

Check gold rates today in different cities on June 28, 2024; (In Rs/10 grams)

City 22 Carat Gold Price 24-Carat Gold Price
Delhi 66,300 72,330
Mumbai 66,150 72,160
Ahmedabad 66,200 72,210
Chennai 66,660 72,720
Kolkata 66,150 72,160
Gurugram 66,300 72,330
Lucknow 66,300 72,330
Bengaluru 55,150 72,160
Jaipur 66,300 72,330
Patna 66,200 72,210
Bhubaneshwar 65,150 72,160
Hyderabad 66,150 72,160

Multi Commodity Exchange

On June 28, 2024, the Multi Commodity Exchange (MCX) saw active trading in gold futures contracts expiring on August 05, 2024, at Rs 71,583 per 10 grams. Silver futures contracts expiring on July 5, 2024, were quoted at Rs 87,501 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.