Gold Rate Today In India: On July 24, gold prices in India were close to Rs 70,000 per 10 grams. The price of 24 carat gold is Rs 70,850 per 10 grams. Those planning to buy jewelery should know that today 22 carat gold was Rs 64,940 per 10 grams. The government on Tuesday cut customs duty on many products including gold and silver.
Gold Rate Today In India: On July 24, gold prices in India were close to Rs 70,000 per 10 grams. The price of 24 carat gold is Rs 70,850 per 10 grams. For those planning to buy jewelry, let us tell you that today 22 carat gold was Rs 64,940 per 10 grams. The government on Tuesday cut customs duty on many products including gold and silver. After the budget today, the price of gold has come down by Rs 2500. On Wednesday, the price of silver stood at Rs 87,900 per kg.
Custom duty on gold reduced in India
The government reduced the custom duty on gold and silver coins from 15 percent to 6 percent in the budget yesterday. For gold and silver dore, it was reduced from 14.35 percent to 5.35 percent. Meanwhile, India’s dependence on imported gold largely affects domestic prices, which reflect global trends. Apart from this, the demand for gold in India remains high during times of cultural importance, festivals and weddings.
City | 22 carat gold rate | 24 carat gold rate |
Delhi | 65,090 | 71,000 |
Mumbai | 64,940 | 70,850 |
Ahmedabad | 64,990 | 70,900 |
Chennai | 65,490 | 71,450 |
Kolkata | 64,940 | 70,850 |
Gurgaon | 65,090 | 71,000 |
Lucknow | 65,090 | 71,000 |
Bangalore | 64,940 | 70,850 |
Jaipur | 65,090 | 71,100 |
Patna | 64,990 | 70,900 |
Bhubaneswar | 64,940 | 70,850 |
Hyderabad | 64,940 | 70,850 |
Gold fell after the budget
Today, the day after the budget, there is a huge drop in the price of gold. If we compare it with yesterday’s price, the price of 10 grams of gold has come down by Rs 2300. On Wednesday, the third day of Sawan, the price of gold in states like Delhi, Mumbai, Bihar, UP has come down to around Rs 71000. In the capital Delhi, the price of 10 grams of 24 carat gold is Rs 71,000.