Gold Rate Today In India: Gold prices in India experienced an upward trend on April 12, despite fluctuations witnessed over the week. The initial rate for 10 grams of gold held steady at approximately Rs 72,000. The price for 10 grams of pure gold (24-carat) hovered around Rs 72,230, while for 22-carat gold, it stood at about Rs 66,210.
Concurrently, the silver market exhibited an upward trajectory, trending to Rs 84,900 per kilogram.
Gold rate today in India: Retail gold price on April 12
Gold Rate Today In Delhi
As of April 12, 2024, the price of 10 grams of 22-carat gold in Delhi is approximately Rs 66,360, while the rate for 10 grams of 24-carat gold stands at roughly Rs 72,380.
Gold Rate Today In Mumbai
Currently in Mumbai, the price of 10 grams of 22-carat gold stands at Rs 66,210, while the equivalent amount of 24-carat gold is valued at Rs 72,230.
Gold Rate Today In Ahmedabad
In Ahmedabad, the price for 10 grams of 22-carat gold is Rs 66,260, and for the same amount of 24-carat gold, it’s Rs 72,280.
Check gold rates today in different cities on April 12, 2024; (In Rs/10 grams)
Multi Commodity Exchange
On April 12, 2024, the Multi Commodity Exchange (MCX) saw active trading in gold futures contracts expiring on June 5, 2024. These contracts were priced at Rs 72,442 per 10 grams. Additionally, silver futures contracts expiring on May 3, 2024, were quoted at Rs 83,919 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.
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