Gold Rate Rises In India: Check 24 Carat Price In Your City On March 27
Gold rate today in India on March 27, 2024: India is the largest importer of gold, which mainly caters to the demand of the jewellery industry. (Representative image)
Gold Rate Today In India: On March 27, 2024, gold prices fluctuated across India, yet the fundamental price for 10 grams remained proximate to Rs 66,000. A comprehensive market analysis unveiled that the average price for 10 grams of 24-carat gold hovered around Rs 66,930, with 22-carat gold averaging approximately Rs 61,350.
Concurrently, the silver market exhibited an upward trajectory, climbing to Rs 77,200 per kilogram.
Gold rate today in India: Retail gold price on March 27
Gold Rate Today In Delhi
As of March 27, 2024, in Delhi, the current price for 10 grams of 22-carat gold is approximately Rs 61,500, whereas 10 grams of 24-carat gold is priced at around Rs 67,080.
Gold Rate Today In Mumbai
Currently in Mumbai, the price of 10 grams of 22-carat gold stands at Rs 61,350, while the equivalent amount of 24-carat gold is valued at Rs 66,930.
Gold Rate Today In Ahmedabad
In Ahmedabad, the price for 10 grams of 22-carat gold is Rs 61,400, and for the same amount of 24-carat gold, it’s Rs 66,980.
Check gold rates today in different cities on March 27, 2024; (In Rs/10 grams)
| City | 22 Carat Gold Price | 24-Carat Gold Price |
| Chennai | 62,150 | 67,800 |
| Kolkata | 61,350 | 66,930 |
| Gurugram | 61,500 | 67,080 |
| Lucknow | 61,500 | 67,080 |
| Bengaluru | 61,350 | 66,930 |
| Jaipur | 61,500 | 67,080 |
| Patna | 61,400 | 66,980 |
| Bhubaneshwar | 61,350 | 66,930 |
| Hyderabad | 61,350 | 66,930 |
Multi Commodity Exchange
On March 27, 2024, the Multi Commodity Exchange (MCX) saw active trading in gold futures contracts expiring on April 5, 2024. These contracts were priced at Rs 66,160 per 10 grams. Additionally, silver futures contracts expiring on May 3, 2024, were quoted at Rs 74,465 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.