In the last 24 hours, there has been an increase in the gold price across major cities in India. As of Monday, the price of 24 carat (10 gm) gold is Rs 55,670 while that of 22 carat (10 gm) is Rs 50,990. The reason for this increase in prices is being attributed to fluctuations in the international market.
Change in gold prices was also recorded in major cities of India. The 24 carat (10 gm) gold price in Chennai is Rs 52,285, while the 22 carat (10 gm) gold price is Rs 47,927. In the national capital Delhi, the gold price for 24 carat (10 gm) is Rs 56,210 while that of 22 carat (10 gm) is Rs 51,550.
The gold price in Kolkata for 24K (10g) is Rs 56,070, while for 22K (10g) it is Rs 51,400. The 24K gold price (10 grams) in Mumbai is Rs.56,070, while the 22K gold price (10 grams) is Rs.51,400.
This rise in gold prices is being attributed to the recent increase in demand for the precious metal due to the ongoing festive season. Many people in India consider gold to be an auspicious metal and buy it on festive occasions.
As the festive season continues in India, it is expected that the demand for gold will remain high and the uptrend in gold prices may continue in the days to come.