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Gold Price Today: Gold Becomes Expensive In India, Check Price Of Precious Metal In Delhi, Noida, And Other Indian Cities

Gold prices jumped further in India on Thursday (July 20). The cost of 10 grams of 24-carat gold in the country at the time of writing this story is Rs 60,750, while the gold rate for the same quantity of 22-carat is Rs 55,700.

Gold futures, maturing on August 4, 2023, were up 0.09% at Rs 59844 on the Multi Commodity Exchange (MCX) at 3:00 pm IST. Meanwhile, MCX silver futures (September 5) were up 0.14% at Rs 76519 at 3:10 pm IST today.

Globally, the price of gold rose to its highest in almost two months on Thursday due to a weak dollar and increasing expectations that the Federal Reserve would conclude its aggressive rate-hiking cycle at its upcoming meeting scheduled next week.

Spot gold rose 0.2% to $1,981.44 an ounce as of 0901 GMT, while US gold futures gained 0.2% to $1,984.10 an ounce.

The gold rate in the national capital for 24-carat (10 grams) is Rs 60,900, while 22-carat (10 grams) is Rs 55,850. The price of gold in Chennai for 24-carat (10 grams) is Rs 61,200, while the price of 22-carat is Rs 56,100.

Gold Prices in Major Indian Cities on July 20, Thursday:

In Kolkata, the rate of 24-carat Gold is Rs 60,750, while the price of 22-carat is Rs 55,700.

The price of 10 grams of 22-carat gold in Mumbai at 55,700, and 24-carat gold at Rs 60,750 is at par with the price of gold in Hyderabad, Kerala, Pune, and Bhubaneswar.

The Gold price for 24-carat (10 grams) in Vadodara is Rs 60,800, while 22-carat (10 grams) is Rs 55,750. It must be noted that the price of 10 grams of 22-carat gold and 24-carat gold in Vadodara is at par with the price of gold in Ahmedabad, Bangalore, Surat and Mysore.

The price of 24-carat gold in Chandigarh is Rs 60,900 while 22-carat gold is Rs 55,850. The price of 10 grams of 22-carat gold and 24-carat gold in Chandigarh is at par with the price of gold in Lucknow, Jaipur, and Noida.

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