Gold Rates Today: Check Top City-Wise Gold Prices in India After Government Cuts Customs Duties on Gold
Gold Rates Today: Check Top City-Wise Gold Prices in India After Government Cuts Customs Duties on Gold
In a significant move, the government has recently slashed customs duties on various products, including gold and silver. This decision is expected to impact the retail prices of these precious metals across the country.
Gold, a metal with immense cultural importance in India, plays a crucial role in traditional weddings and festivals and is considered a major investment. The retail price of gold in India, reflecting the final cost per unit weight for consumers, is influenced by various factors beyond the metal’s intrinsic value.
Current Gold Prices Across Major Indian Cities
As of today, the price of gold in India is ₹6,341 per gram for 22 karat gold and ₹6,917 per gram for 24 karat gold. Here’s a detailed look at the gold prices in major cities:
- Mumbai: ₹6,341 per gram for 22 karat gold and ₹6,917 per gram for 24 karat gold.
- Kolkata: ₹6,341 per gram for 22 karat gold and ₹6,917 per gram for 24 karat gold.
- Chennai: ₹6,414 per gram for 22 karat gold and ₹6,997 per gram for 24 karat gold.
- Delhi: ₹6,356 per gram for 22 karat gold and ₹6,932 per gram for 24 karat gold.
- Bengaluru: ₹6,341 per gram for 22 karat gold and ₹6,917 per gram for 24 karat gold.
- Hyderabad: ₹6,341 per gram for 22 karat gold and ₹6,917 per gram for 24 karat gold.
- Surat: ₹6,346 per gram for 22 karat gold and ₹6,922 per gram for 24 karat gold.
- Pune: ₹6,341 per gram for 22 karat gold and ₹6,917 per gram for 24 karat gold.
- Nagpur: ₹6,341 per gram for 22 karat gold and ₹6,917 per gram for 24 karat gold.
- Gurugram: ₹6,356 per gram for 22 karat gold and ₹6,932 per gram for 24 karat gold.
- Lucknow: ₹6,356 per gram for 22 karat gold and ₹6,932 per gram for 24 karat gold.
- Ahmedabad: ₹6,346 per gram for 22 karat gold and ₹6,922 per gram for 24 karat gold.
- Jaipur: ₹6,356 per gram for 22 karat gold and ₹6,932 per gram for 24 karat gold.
Consumers can expect some fluctuation in these prices due to the recent changes in customs duties, along with other market factors. The reduction in duties aims to make gold and silver more affordable and stimulate the market during the upcoming festive season.
