Gold Rate Today In India: On October 04, gold prices in India had been about Rs 77,700 per 10 grams. The value of 24-carat gold, understood for its highest doable pureness, on Friday leapt to Rs 77,710 per 10 grams. For jewellery purchasers, 22-carat gold, which is further lengthy lasting because of its alloy construction, was valued at Rs 71,250 per 10 grams.
Silver, on the assorted different hand, was buying and selling larger at Rs 95,000 per kilo in India.
Gold Rate Today In India: Retail Gold Price On October 04
Check gold prices at this time in varied cities on October 04, 2024; (In Rs 10/gram)
| City | 22 Carat Gold Rate Today | 24 Carat Gold Rate Today |
| Delhi | 71,250 | 77,710 |
| Mumbai | 71,100 | 77,560 |
| Ahmedabad | 71,150 | 77,610 |
| Chennai | 71,100 | 77,560 |
| Kolkata | 71,100 | 77,560 |
| Gurugram | 71,250 | 77,710 |
| Lucknow | 71,250 | 77,710 |
| Bengaluru | 71,100 | 77,560 |
| Jaipur | 71,250 | 77,710 |
| Patna | 71,150 | 77,610 |
| Bhubaneshwar | 71,100 | 77,560 |
| Hyderabad | 71,100 | 76,890 |
What Analysts Say?
“Gold and silver gained in the international markets as Israel’s aggression continued in Lebanon, with rising tensions amid Iran’s missile attacks. The potential for an Israeli assault on Iran’s oil infrastructure has also driven crude oil prices higher, with WTI crude testing $74 per barrel, which in turn supported precious metals. Global equity markets were mixed, enhancing the safe-haven appeal of gold and silver. However, a firm US dollar index and steady US 10-year bond yields, ahead of the upcoming jobs report, have capped gains in these metals,” Rahul Kalantri, vice-president (belongings), Mehta Equities.
Gold and silver are buying and selling at recent outbreak levels globally. Should gold maintain over $2,680 per troy ounce and silver over $32.40 per troy ounce, extra stamina may be seen within the coming periods, he included.
“Gold has support at $2,641-2,628, with resistance at $2,678-2,695. Silver’s support is at $31.82-31.68, with resistance at $32.25-32.42. In INR terms, gold has support at ₹75,350-74,970 and resistance at ₹75,850-76,050. Silver has support at ₹92,050-91,450, with resistance at ₹93,690-94,380,” Kalantri claimed.
In the worldwide market, gold was buying and selling 0.26 p.c larger at $2,663.5 an oz. in New York and silver was up by 0.47 p.c at $32.23 an oz..
Retail Cost of Gold in India
What Is The Retail Price Of Gold Per Gram?
Gold value per gram is the expense of 1 gram of gold. It’s generally shared in a particulars cash (e.g., Indian Rupees). The value can differ every day because of totally different variables, consisting of economic issues, geopolitical events, and provide and want.
The listing value of gold in India, which stands for the final expense every weight for purchasers, is shaped by a number of variables previous its inherent value.
Gold is deeply ingrained in Indian society, working as a necessary monetary funding and holding appreciable significance in commonplace marriage ceremony occasions and occasions.
As market issues change, financiers and traders very intently see these fads. Stay tuned for much more updates on this creating story.
