![Today's gold price in India on May 12, 2024. (Representative image) Today's gold price in India on May 12, 2024. (Representative image)](https://images.news18.com/ibnlive/uploads/2021/07/1627283897_news18_logo-1200x800.jpg?impolicy=website&width=510&height=383)
Today's gold price in India on May 12, 2024. (Representative image)
Check gold prices in various cities today, May 12, 2024. (unit of Rs/10 grams)
Gold rates in India today: On May 12, 2024, the price of gold in the Indian spot market was unchanged. The price of 10 grams is close to Rs 73,360. A thorough analysis of the market revealed that the average price of 10 grams of 24-carat gold is approximately Rs 73,360, while the average price of 22-carat gold is approximately Rs 67,250.
At the same time, the silver market showed an upward trend reaching Rs 87,000 per kilogram.
Current Gold Price in India: Retail Gold Price for May 12
gold price in delhi today
The current price of 10 grams of 22 carat gold in Delhi as of May 12, 2024 is approximately Rs 67,400, while the price of 10 grams of 24 carat gold is approximately Rs 73,510.
gold price in mumbai today
Currently, the price of 10 grams of 22 carat gold in Mumbai is ₹67,250 and the price of 24 karat gold is ₹73,360.
Gold price in Ahmedabad today
In Ahmedabad, the price of 10 grams of 22-carat gold is Rs 67,300 and the price of the same amount of 24-carat gold is Rs 73,410.
Check gold prices in various cities today, May 12, 2024. (unit of Rs/10 grams)
city | 22 carat gold price | 24 carat gold price |
chennai | 67,500 | 73,640 |
Kolkata | 67,250 | 73,360 |
Gurugram | 67,400 | 73,510 |
Lucknow | 67,400 | 73,510 |
bengaluru | 67,250 | 73,360 |
Jaipur | 67,400 | 73,510 |
patna | 67,300 | 73,410 |
Bhubaneswar | 67,250 | 73,360 |
Hyderabad | 67,250 | 73,360 |
multi-product exchange
On May 12, 2024, the Multi Commodity Exchange (MCX) closed as exchanges are closed on Saturdays and Sundays.
retail cost of gold
The retail price of gold in India, also commonly called the gold rate, is the final cost per unit weight that a customer pays when purchasing gold. This price is influenced by many factors beyond the intrinsic value of the metal itself.
Gold is very important in India because of its cultural significance, investment value, and traditional role in weddings and festivals.