Gold Retail Price In India

However the price rise dampened retail demand for gold in india the world s second largest consumer of the precious metal.

Gold retail price in india. India s gold consumption will touch 700 tons in 2005 as the gold price is coming down and we are seeing so much advertising of gold jewelry said suresh hundia a prominent bullion trader and former president of the bombay bullion association. Get the latest gold rate today in india. The reason for such an increase is the wedding season. In international markets gold traded around the 1 930 an ounce mark while silver was at 26 per ounce on.

Gold prices in india decreased in india on 21 may 2020 after decreasing for three days in a row. Over the week gold price witnessed an inclining trend in the country. Update with gold rate today 4th october 2020 last 10 days gold price in india based on rupees per gram for 24 22 carat karat in major indian cities. In india gold price in india opened the third week of july at rs 4 901 per gram.

In dollar terms gold price target is at 2 100 in the near term and 2 350 by december. There was a difference of rs 10 in the opening and closing rates of gold. Also know last 10 days gold price trend of gold rate comparison of 22 24 karat across various cities in india including delhi bangalore chennai hyderabad mumbai etc. Gold futures prices on mcx for the month of june decreased by 0 5 and are at rs 46 900 for 10 grams.

In rupee terms gold may hit rs 65 000 before diwali and silver rs 90 000 he said. In the previous week the prices of gold in india hit record highs and were at rs 47 980 for 10 grams. Get current today s 22 carat 24 carat gold price in india based on rupee per 1 gram 10 gram. Jewellers are buying gold to meet the wedding season demand.

12 nov 2018 on monday the gold prices of 999 and 995 fine gold were recovered by rs 80 each to rs 32 150 and rs 32 000 per 10 gram respectively. Bullion india provides live gold and silver rate online. Know today s gold rate in mumbai delhi chennai kerala and bengaluru. Today gold rate 04 october 2020.

Silver will hit 30 in the short term and 33 by december. Gold price in india increases amid wedding season demand.