Gold Rate Falls In India: Check 22 Carat Price In Your City On April 18 – News18

Gold rate today in India on April 18, 2024. (Representative image)

Gold rate today in India on April 18, 2024. (Representative image)

Gold Rate Today In India: Gold prices in India exhibited an upward trajectory on April 18, maintaining resilience amidst the week’s fluctuations. The opening price for 10 grams of gold remained stable at roughly Rs 74,140. Pure gold (24-carat) traded at around Rs 72,540 per 10 grams, while 22-carat gold stood at approximately Rs 67,940.

Concurrently, the silver market exhibited an upward trajectory, trending to Rs 87,100 per kilogram.

Gold rate today in India: Retail gold price on April 18

Gold Rate Today In Delhi

As of April 18, 2024, the price of 10 grams of 22-carat gold in Delhi is approximately Rs 68,110, while the rate for 10 grams of 24-carat gold stands at roughly Rs 74,290.

Gold Rate Today In Mumbai

Currently in Mumbai, the price of 10 grams of 22-carat gold stands at Rs 67,960, while the equivalent amount of 24-carat gold is valued at Rs 74,140.

Gold Rate Today In Ahmedabad

In Ahmedabad, the price for 10 grams of 22-carat gold is Rs 68,010, and for the same amount of 24-carat gold, it’s Rs 74,190.

Check gold rates today in different cities on April 18, 2024; (In Rs/10 grams)

City 22 Carat Gold Price 24-Carat Gold Price
Chennai 68,710 74,960
Kolkata 67,960 74,140
Gurugram 68,110 74,290
Lucknow 68,110 74,290
Bengaluru 67,960 74,140
Jaipur 68,110 74,290
Patna 68,010 74,190
Bhubaneshwar 67,960 74,140
Hyderabad 67,960 74,140

Multi Commodity Exchange

On April 18, 2024, the MCX saw active trading in gold futures contracts expiring on June 5, 2024. These contracts were priced at Rs 72,999 per 10 grams. Additionally, silver futures contracts expiring on May 3, 2024, were quoted at Rs 83,480 on the MCX.

Investors and traders kept a close eye on these developments amidst the continuing market fluctuations. Stay tuned for more updates on this unfolding narrative.

Retail Cost of Gold

The gold price in India, often referred to as the retail gold price, reflects the final cost per unit weight paid by consumers when purchasing gold. This price is influenced by numerous factors beyond the inherent value of the metal.

Gold carries great significance in India because of its cultural importance, its role as a valuable investment, and its traditional connection with weddings and festivals.