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HomeBuisnessGold Rate Drops in India Today: Check 24 Carat Gold Price in...

Gold Rate Drops in India Today: Check 24 Carat Gold Price in Your City on February 13 Pi News

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Gold Rate in India Today 13 Feb 2024: India is the largest importer of gold, which mainly caters to the demand of the jewelery industry.  (Representative image)

Gold Rate in India Today 13 Feb 2024: India is the largest importer of gold, which mainly caters to the demand of the jewelery industry. (Representative image)

Today’s gold rate in India: On February 13, there was some fluctuation in the retail prices of gold in various cities.

Today’s gold rate in India: As of February 13, 2024, gold prices have changed in various cities in India. The average rate for 10 grams remained around Rs 63,000. To provide a broader perspective, the average price is 10 grams 24 carat gold was about Rs.62,840, the corresponding amount for which 22 carat gold 57,600 was Rs.

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Also Read: Sovereign Gold Bonds Priced, Open Today, Check Here For Details

At the same time, the silver market showed a continuous downward trend and reached Rs 75,500 per kg.

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Today’s gold rate in India: Retail price of gold on February 13

Gold rate today in Delhi

In Delhi, people have to spend Rs 57,750 for 10 grams of 22 carat gold and Rs 62,990 for the same amount of 24 carat gold.

Gold price in Mumbai today

In Mumbai, 10 grams of 22 carat gold is currently priced at Rs 57,600 and 24 carat gold at Rs 62,840.

Today’s gold rate in Chennai

In Chennai, the price of 10 grams of 22 carat gold is Rs 58,100 and for 24 carat gold it is Rs 63,380.

Check gold rates in various cities on February 13, 2024; (in Rs/10 grams)

City 22 carat gold price 24 carat gold price
Ahmedabad 57 650 62,890
Calcutta 57,600 62 840
Gurugram 57,750 62,990
good luck 57,750 62,990
Bangalore 57,600 62 840
Jaipur 57,750 62,990
Patna 57 650 62,890
Bhubaneshwar 57,600 62 840
Hyderabad 57,600 62 840

A multi-commodity exchange

Gold futures on February 13, 2024 to expire on April 05 were actively traded at Rs 62,090 on the Multi Commodity Exchange. Besides, silver futures with expiry date of March 05, 2024 were quoted at Rs 71,049.

The retail price of gold in a country is the amount paid by customers. This price is influenced by various factors, including the global price of gold, the value of the rupee, and the costs associated with labor and materials used in the manufacture of gold jewelry.

Gold is very important in India due to its cultural significance, investment value and traditional role in weddings and celebrations.

2024 Forecast: 10 gram gold price Rs 70,000

According to the All India Gems and Jewelery Council (GJC), the recent prevailing global economic uncertainties and geopolitical tensions are expected to push gold prices to an all-time high of Rs 70,000 per 10 grams next year. . This trajectory underscores gold’s status as a safe investment and valuable hedge against inflation.

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