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Gold price in India on June 27.
Gold Price Today: Check the gold price in different cities today on June 27, 2024
Gold rates in India today: On June 27, the price of 10 grams of gold was around Rs 72,000. The price of pure 24-carat gold was Rs 71,990 per 10 grams and the price of 22-carat gold was Rs 65,990 per 10 grams. At the same time, the price of silver fell to Rs 89,900 per kilogram.
Gold price in India today: Retail gold price on June 27
Check the gold rates in various cities today on 27 June 2024 (Rs/10 grams)
city | 22 carat gold price | 24 carat gold price |
Delhi | 66,140 | 72,140 |
mumbai | 65,990 | 71,990 |
Ahmedabad | 66,040 | 72,040 |
chennai | 66,590 | 72,650 |
Kolkata | 65,990 | 71,990 |
Gurugram | 66,140 | 72,140 |
Lucknow | 66,140 | 72,140 |
bangalore | 65,990 | 71,990 |
Jaipur | 66,140 | 72,140 |
Patna | 66,040 | 72,040 |
Bhubaneswar | 65,990 | 71,990 |
Hyderabad | 65,990 | 71,990 |
multi-product exchange
On June 27, 2024, the gold futures contract expiring on August 5, 2024 was actively traded at Rs 70,987 per 10 grams on the Multi Commodity Exchange (MCX). The silver futures contract expiring on July 5, 2024 was quoted at Rs 86,632 per 10 grams on MCX.
India's dependence on gold imports has a significant impact on domestic prices, which closely mirror global trends. Also, the cultural significance of gold in India, especially during festivals and weddings, can affect demand levels.
Retail Cost of Gold
The retail price of gold in India, which represents the final cost per unit weight to the consumer, is influenced by a variety of factors beyond the intrinsic value of the metal.
In India, gold holds great cultural significance, is used as a major investment, and plays an important role in traditional weddings and festivals.
In the midst of constant market volatility, investors and traders are closely watching these dynamics. Stay tuned for further updates on this evolving story.