![Today's gold price in India on May 23, 2024. (Representative image) Today's gold price in India on May 23, 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 23, 2024. (Representative image)
Gold Price Today: Check the gold price in Rs/10 grams in various cities on May 23, 2024.
Gold rates in India today: On May 23, the price of 10 grams of gold remained stable at around Rs 74,000. Pure 24-carat gold price was at Rs 74,500 per 10 grams, while 22-carat gold was stable at around Rs 68,290. Meanwhile, the silver market declined with prices rising to Rs 95,900 per kilogram.
Current Gold Price in India: Retail Gold Price for May 23
Check gold prices in various cities today, May 23, 2024. (unit of Rs/10 grams)
city | 22 carat gold price | 24 carat gold price |
Delhi | 68,440 | 74,650 |
mumbai | 68,290 | 74,500 |
Ahmedabad | 68,340 | 74,550 |
chennai | 68,590 | 74,830 |
Kolkata | 68,290 | 74,500 |
Gurugram | 68,440 | 74,650 |
Lucknow | 68,440 | 74,650 |
bengaluru | 68,290 | 74,500 |
Jaipur | 68,440 | 74,650 |
patna | 68,340 | 74,550 |
Bhubaneswar | 68,290 | 74,500 |
Hyderabad | 68,290 | 74,500 |
multi-product exchange
On May 23, 2024, the Multi Commodity Exchange (MCX) saw a slight decline in trading for gold futures contracts expiring on June 5, 2024. The price of this contract is Rs 72,562 per 10 grams. The silver futures contract expiring on July 5, 2024 was quoted at Rs 91,175 on MCX.
retail cost of gold
Retail gold prices in India, which represent the final cost per unit weight to the consumer, are influenced by many factors beyond the metal's intrinsic value.
Gold in India has great cultural significance, serves as a valuable investment and plays an important role in traditional weddings and festivals.
Amid constant market fluctuations, investors and traders closely watch these dynamics. Stay tuned for further updates on this developing story.