Gold prices remained high in India as of December 17. 24 carat gold, known for its excellent purity, is priced at Rs 78,000 per 10 grams, making it a preferred choice among investors. Meanwhile, 22 carat gold is priced at Rs 71,500 per 10 grams, which continued to attract jewellery buyers.
Silver price today
On the other hand, silver was trading at Rs 92,500 per kg.
Gold rates in major cities of India as of December 17, 2024 (Rs per 10 grams):
What is the retail price of gold per gram?
The retail price of gold per gram refers to the amount consumers pay for one gram of gold, usually quoted in Indian rupees. This rate fluctuates daily, influenced by global economic trends, geopolitical developments, and the balance of supply and demand.
What factors influence gold prices in India?
Gold prices in India are primarily determined by international market rates, import duties, taxes, and exchange rate fluctuations. All these factors combine to shape the daily gold prices across the country.
Gold holds immense cultural and financial significance in India. It remains a preferred investment and plays an important role in celebrations, especially during weddings and festivals.