Gold Rate Today In India: On June 8, the price of 10 grams of gold fell amid weak demand in the spot and stayed around Rs 71,500. Pure 24-carat gold was priced at Rs 71,670 per 10 grams, while 22-carat gold stayed at about Rs 65,700 per 10 grams. However, the price of silver also dropped to Rs 91,500 per kilogram.
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.
Gold rate today in India: Retail gold price on June 08
Check gold rates today in different cities on June 08, 2024; (In Rs/10 grams)
Multi Commodity Exchange
The Multi Commodity Exchange (MCX) remained closed on June 8, as it remains closed during weekends.
Retail Cost of Gold
The retail price of gold in India, reflecting the final cost per unit weight for consumers, is affected by several factors beyond the metal’s intrinsic value.
Gold holds considerable cultural significance in India, serving as a key investment and playing an essential role in traditional weddings and festivals.
Amid ongoing market fluctuations, investors and traders closely monitor these dynamics. Stay tuned for further updates on this evolving story.
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