Gold Price Today: On September 27, the retail prices of 10 grams of gold are different in different cities, on an average these prices are around Rs 60,000. The price of 10 grams of 24 carat gold is approximately Rs 59,450, while the price of 10 grams of 22 carat gold is Rs 54,500. Also, the current price of silver is Rs 74,800 per kg.
Retail price of gold means at which gold is sold to consumers across the country. Let us tell you that gold prices depend on many factors including currency, interest rates, global demand and government policies. Apart from this, when the rupee falls against the US dollar in India, the price of gold increases.
Gold price in Ahmedabad
The current retail price of 10 grams of 22 carat gold in Ahmedabad is Rs 54,800, while the price of 10 grams of 24 carat gold is Rs 59,780.
Gold price in Delhi
The price of 10 grams of 22 carat gold in Delhi is Rs 54,900, while for 24 carat gold, customers will have to pay Rs 59,880 for 10 grams.
Gold rate in Chennai
22 carat gold in Chennai is Rs 55,050/10 grams. Similarly, the retail price of 24 carat gold in the capital of Tamil Nadu is Rs 60,050 per 10 grams.
Kolkata-Mumbai Rates
The rate of 24 carat gold (10 grams) in Kolkata is Rs 59,950 per ten grams. At the same time, the price of 24 carat gold (10 grams) in Mumbai is Rs 59,950. At the same time, gold prices remained the same in most cities.
According to Reuters, gold prices on Wednesday were trading near their weakest level in more than a month. It was reported that the market has adjusted to the rising interest rate scenario, due to which the US dollar declined.
Let us tell you that the price of gold also depends on international factors like global economic development, strength of dollar against other currencies etc. Another important factor is the demand for precious metals.