Gold prices fell in India on Monday, while silver rose, as investors awaited US President Donald Trump's decision on a proposed deal to extend a ceasefire with Iran. In Mumbai, 24-carat gold was priced at ₹1,57,030 per 10 grams, while 22k gold was available at ₹1,43,940 per 10 grams. These rates exclude GST and making charges.
On MCX, gold fell 0.54 per cent to Rs 1,60,050 per 10 grams in early trade on Monday, while silver rose 0.21 per cent to Rs 2,67,560 per kg.
What is the price of 22kt, 24kt gold in major cities of India on June 1?
|
Delhi |
Rs 1,44,090 |
Rs 1,57,180 |
|
Jaipur |
Rs 1,44,090 |
Rs 1,57,180 |
|
Ahmedabad |
Rs 1,43,990 |
Rs 1,57,080 |
|
Pune |
Rs 1,43,940 |
Rs 1,57,030 |
|
Mumbai |
Rs 1,43,940 |
Rs 1,57,030 |
|
Hyderabad |
Rs 1,43,940 |
Rs 1,57,030 |
|
Chennai |
Rs 1,43,940 |
Rs 1,57,030 |
|
Bengaluru |
Rs 1,43,940 |
Rs 1,57,030 |
|
Kolkata |
Rs 1,43,940 |
Rs 1,57,030 |
What factors affect gold prices in India?
International market rates, import duties, taxes, and exchange rate fluctuations primarily affect gold prices in India. Together, these factors determine daily gold rates across the country.
In India, gold has a strong cultural and financial significance. It is a preferred investment option and a key element of celebrations, especially weddings and festivals.
With constantly changing market conditions, investors and traders closely monitor fluctuations. It's crucial to stay updated to better understand changing trends.
PC: The Indian Express
