Gold Price Increases In India: Check 24 Carat Rate In Your City On April 4 – News18

Gold Rate Today In India: On April 4, 2024, gold prices experienced an increase in India largely. However, the fundamental price for 10 grams remained close to Rs 64,750. A thorough analysis of the market revealed that the average price for 10 grams of 24-carat gold was approximately Rs 70,620, while 22-carat gold averaged around Rs 64,750.

At the same time, the silver market displayed an upward trend, reaching Rs 82,000 per kilogram.

Gold rate today in India: Retail gold price on April 4

Gold Rate Today In Delhi

As of April 4, 2024, in Delhi, the current price for 10 grams of 22-carat gold is approximately Rs 64,750, whereas 10 grams of 24-carat gold is priced at around Rs 70,620.

Gold Rate Today In Mumbai

Currently in Mumbai, the price of 10 grams of 22-carat gold stands at Rs 64,600, while the equivalent amount of 24-carat gold is valued at Rs 70,470.

Gold Rate Today In Ahmedabad

In Ahmedabad, the price for 10 grams of 22-carat gold is Rs 64,650, and for the same amount of 24-carat gold, it’s Rs 70,520.

Check gold rates today in different cities on April 4, 2024; (In Rs/10 grams)

Multi Commodity Exchange

On April 4, 2024, the Multi Commodity Exchange (MCX) saw active trading in gold futures contracts expiring on June 5, 2024. These contracts were priced at Rs 69,844 per 10 grams. Additionally, silver futures contracts expiring on May 3, 2024, were quoted at Rs 79,715 on the MCX.

Retail Cost of Gold

The retail price of gold in India, often referred to as the gold rate, is the final cost per unit weight that customers pay when purchasing gold. This price is influenced by several factors beyond the inherent value of the metal itself.

Gold is highly important in India because of its cultural significance, its value for investment, and its traditional role in weddings and festivals.