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Gold Rate Today In India: Gold and silver prices retreated from record high levels in Delhi on Monday, with the precious metal plunging by around Rs 450 per 10 grams, due to weak global trends and easing tensions in West Asia.
On April 23, the rate for 10 grams of gold remained at around Rs 73,000. Pure gold (24-carat) was trading at Rs 73,680 per 10 grams, whereas 22-carat gold was valued at approximately Rs 67,540.
Simultaneously, the silver market experienced a downward trajectory, reaching Rs 85,400 per kilogram.
Gold rate today in India: Retail gold price on April 23
Gold Rate Today In Mumbai 22 Carat
Currently in Mumbai, the price of 10 grams of 22-carat gold stands at Rs 67,540, while the equivalent amount of 24-carat gold is valued at Rs 73,680.
Gold Rate Today In Delhi
As of April 23, 2024, the price of 10 grams of 22-carat gold in Delhi is approximately Rs 67,690, while the rate for 10 grams of 24-carat gold stands at roughly Rs 73,830.
Gold Rate Today In Ahmedabad
In Ahmedabad, the price for 10 grams of 22-carat gold is Rs 67,590, and for the same amount of 24-carat gold, it’s Rs 73,730.
Check gold rates today in different cities on April 23, 2024; (In Rs/10 grams)
Multi Commodity Exchange
On April 23, 2024, the MCX saw active trading in gold futures contracts expiring on June 5, 2024. These contracts were priced at Rs 70,430 per 10 grams. Additionally, silver futures contracts expiring on May 3, 2024, were quoted at Rs 79,813 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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