City 22 Carat Gold Price 24-Carat Gold Price
Chennai 61,410 66,990
Kolkata 60,790 66,320
Gurugram 60,940 66,470
Lucknow 60,940 66,470
Bengaluru 60,790 66,320
Jaipur 60,940 66,470
Patna 60,840 66,370
Bhubaneshwar 60,790 66,320
Hyderabad 60,790 66,320

Retail Gold Price on March 22

The price of ten grams of 24-carat gold in Mumbai is in line with prices in Kolkata and Hyderabad, at Rs 67,430. In Delhi, Bengaluru, and Chennai, the price of ten grams of 24-carat gold stood at Rs 67,580, Rs 67,430, and Rs 68,030, respectively. In Mumbai, the price of ten grams of 22-carat gold is at par with that in Kolkata and Hyderabad, at Rs 61,810. In Delhi, Bengaluru, and Chennai, the price of ten grams of 22-carat gold stood at Rs 61,960, Rs 61,810, and Rs 62,360, respectively.

Multi Commodity Exchange

On March 21, 2024, the Multi Commodity Exchange (MCX) saw active trading in gold futures contracts expiring on April 5, 2024. These contracts were priced at Rs 66,199 per 10 grams. Additionally, silver futures contracts expiring on May 3, 2024, were quoted at Rs 76,417 on the MCX.

Retail Cost of Gold

The retail price of gold in India, often referred to as the gold rate, is the final cost per unit weight that customers pay when purchasing gold. This price is influenced by several factors beyond the inherent value of the metal itself. Gold is highly important in India because of its cultural significance, its value for investment, and its traditional role in weddings and festivals.

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