Gold Price Falls In India: Check 24 Carat Rate In Your City On May 13


Gold rate today in India on May 13, 2024. (Representative image)

Gold rate today in India on May 13, 2024. (Representative image)

Check gold rates today in different cities on May 13, 2024; (In Rs/10 grams)

Gold Rate Today In India: On May 13, 2024, gold prices experienced a fall in India largely. However, the fundamental price for 10 grams remained close to Rs 67,150. A thorough analysis of the market revealed that the average price for 10 grams of 24-carat gold was approximately Rs 73,250, while 22-carat gold averaged around Rs 67,150.

At the same time, the silver market displayed an upward trend, reaching Rs 86,500 per kilogram.

Gold rate today in India: Retail gold price on May 13

Gold Rate Today In Delhi

As of May 13, 2024, in Delhi, the current price for 10 grams of 22-carat gold is approximately Rs 67,300, whereas 10 grams of 24-carat gold is priced at around Rs 73,380.

Gold Rate Today In Mumbai

Currently in Mumbai, the price of 10 grams of 22-carat gold stands at Rs 67,150, while the equivalent amount of 24-carat gold is valued at Rs 73,250.

Gold Rate Today In Ahmedabad

In Ahmedabad, the price for 10 grams of 22-carat gold is Rs 67,200, and for the same amount of 24-carat gold, it’s Rs 73,280.

Check gold rates today in different cities on May 13, 2024; (In Rs/10 grams)

City 22 Carat Gold Price 24-Carat Gold Price
Chennai 67,250 73,360
Kolkata 67,150 73,250
Gurugram 67,300 73,380
Lucknow 67,300 73,380
Bengaluru 67,150 73,250
Jaipur 67,300 73,380
Patna 67,200 73,280
Bhubaneshwar 67,150 73,250
Hyderabad 67,150 73,250

Multi Commodity Exchange

On May 13, 2024, the Multi Commodity Exchange (MCX) saw muted trading in gold futures contracts expiring on June 5, 2024, and was trading down. These contracts were priced at Rs 72,278 per 10 grams. Additionally, silver futures contracts expiring on July 5, 2024, were quoted at Rs 84,515 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.



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