what is the price of 24 carat gold in india today :

The Price of Gold Drops Today: Despite growing tensions between India and Pakistan, the price of gold fell by more than Rs 1000 on Friday.

 

The price of gold in Mumbai dropped by Rs 1,150 to Rs 90,150 per 10 grammes for 22 carats and Rs 98,350 per 10 grammes for 24 carats.

Also Read : what is the price of 24 carat gold in india today :

On the MCX, gold futures with a June 5 expiration date were up 0.16 percent, trading at Rs 96,325 per 10 grams. In contrast, silver futures with an expiration date of July 4th fell 0.24 percent to Rs 96,284 a kg.

 

After rising over the previous few weeks due to concerns about the US recession and global economic uncertainty, gold prices just reached the Rs 1 lakh milestone.

24-carat gold is still sought after by consumers looking for superior quality due to its unparalleled purity.

22-carat gold,on the other hand,is still a favorite among investors and jewelry fans due to its timeless charm and durability,which strikes a balance between style and functionality.

 

India’s current silver price as of May 9,2025 :
According to goodreturns.in,the price of silver in Mumbai saw a flat trade at Rs 99,000 per kilogram.

What Factors Affect Gold Prices in India?

Foreign market pricing, import taxes, import customs, and fluctuations in exchange rates are the main factors affecting gold prices in India. Together, these factors determine the daily gold prices across the country.

Gold has a strong cultural and economic significance in India.

It is a popular choice for investments and is essential to festivities,especially festivals and weddings.

Investors and dealers keep a careful eye on changes due to the ever-changing market conditions. Maintaining current knowledge is essential for successfully navigating ever-changing trends.

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