Gold Rate Today: On October 31, gold prices in India were around Rs 80,000 per 10 grams. The price of 24-carat gold, known for its highest purity, stood at Rs 81,170 per 10 grams. For jewellery buyers, 22-carat gold, which is more durable due to its alloy composition, was priced at Rs 74,410 per 10 grams.
In India, the retail price of gold, the final cost consumers pay, is influenced by more than just its market value. Various factors, such as import duties, taxes, and currency exchange rates, play a significant role.
Silver Rate Today
Silver, on the other hand, was trading at Rs 100,100 per kilogram.
Gold Rate Today In India: Retail Gold Price On October 31
Check gold prices today in different cities on October 31, 2024; (In Rs 10/gram)
| City | 22 Carat Gold Rate Today | 24 Carat Gold Rate Today |
| Delhi | 74,560 | 81,320 |
| Mumbai | 74,410 | 81,170 |
| Ahmedabad | 74,460 | 81,220 |
| Chennai | 74,410 | 81,170 |
| Kolkata | 74,410 | 81,170 |
| Pune | 74,410 | 81,170 |
| Lucknow | 74,560 | 81,320 |
| Bengaluru | 74,410 | 81,170 |
| Jaipur | 74,560 | 81,320 |
| Patna | 74,460 | 81,220 |
| Bhubaneshwar | 74,410 | 81,170 |
| Hyderabad | 74,410 | 81,170 |
Retail Cost of Gold in India
What Is The Retail Price Of Gold Per Gram?
Gold price per gram refers to the cost of a single gram of gold, typically expressed in a currency like Indian Rupees. This price fluctuates daily based on several factors, including economic conditions, geopolitical events, and supply-demand dynamics.
In India, the retail price of gold, the final cost consumers pay, is influenced by more than just its market value. Various factors, such as import duties, taxes, and currency exchange rates, play a significant role.
Gold holds deep cultural significance in India, serving as a popular investment and playing a central role in weddings and festivals.
As market conditions evolve, investors and traders closely monitor these trends. Stay tuned for further updates.
