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News » Business » Gold Price Rises In India: Check 22 Carat Rate In Your City On June 05
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Gold Price Rises In India: Check 22 Carat Rate In Your City On June 05

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Last Updated:

New Delhi, India

Gold rate today in India on June 05, 2024. (Representative image)

Gold rate today in India on June 05, 2024. (Representative image)

Gold Rate Today: Check the gold prices in various cities on June 05, 2024

Gold Rate Today In India: On June 05, the price of 10 grams of gold stayed around Rs 72,000. Pure 24-carat gold was priced at Rs 72,880 per 10 grams, while 22-carat gold stayed at about Rs 66,810 per 10 grams. However, the price of silver dropped to Rs 94,100 per kilogram.

India’s reliance on imported gold largely influences domestic prices, which closely mirror global trends. Additionally, the cultural importance of gold in India, particularly during festivals and weddings, can impact demand levels.

Gold rate today in India: Retail gold price on June 05

Check gold rates today in different cities on June 05, 2024; (In Rs/10 grams)

City22 Carat Gold Price24-Carat Gold Price
Delhi66,96073,030
Mumbai66,81072,880
Ahmedabad66,86072,930
Chennai67,46073,590
Kolkata66,81072,880
Gurugram66,96073,030
Lucknow66,96073,030
Bengaluru66,81072,880
Jaipur66,96073,030
Patna66,86072,930
Bhubaneshwar66,81072,880
Hyderabad66,81072,880

Multi Commodity Exchange

On June 05, 2024, the Multi Commodity Exchange (MCX) saw active trading in gold futures contracts expiring on August 05, 2024. These contracts were priced at Rs 72,136 per 10 grams. Silver futures contracts expiring on July 05, 2024, were quoted at Rs 89,580 on the MCX.

Retail Cost of Gold

The retail price of gold in India, reflecting the final cost per unit weight for consumers, is affected by several factors beyond the metal’s intrinsic value.

Gold holds considerable cultural significance in India, serving as a key investment and playing an essential role in traditional weddings and festivals.

Amid ongoing market fluctuations, investors and traders closely monitor these dynamics. Stay tuned for further updates on this evolving story.

first published:June 05, 2024, 09:30 IST
last updated:June 05, 2024, 09:38 IST