Gold Price Today: Latest Prices

The prices of gold and silver are constantly fluctuating, and our website, dailynews24, provides daily updates on these prices. As of July 2, the price of 10 grams of pure 24-carat gold was Rs 72,270, while 22-carat gold was priced at Rs 66,240 per 10 grams. The price of silver had decreased to Rs 90,300 per kg on this day.

Gold Price Today: Multi Commodity Exchange

On July 2, 2024, the Multi Commodity Exchange (MCX) saw active trading of gold futures contracts expiring on August 5, 2024, with a price of Rs 71,662 per 10 grams. Silver futures contracts expiring on September 5, 2024 were quoted at Rs 89,935 on MCX. India's reliance on imported gold significantly impacts domestic prices, which closely follow global trends, along with the cultural significance of gold during festivals and weddings.

Gold Price Today: Retail price of gold in India

The retail price of gold in India, which reflects the final cost to consumers, is influenced by various factors beyond the metal's intrinsic value. Gold holds important cultural significance in India, being a key investment and playing a significant role in traditional ceremonies. Investors and traders are closely monitoring these dynamics amidst market volatility, awaiting updates on this ongoing story.

Gold Price Today: Purity of Gold

Gold purity is measured in carats, with 24-carat gold being the purest at 99.9% and 8-carat gold at 33.3%. The lower the carat, the stronger the gold will be. It is advised to check gold prices in the country before purchasing the metal to stay informed.

Gold Price Today: Hallmarked Gold Price Vs Normal Gold Price

Hallmarked gold ensures purity, although there is no price difference compared to normal gold. However, there are challenges in accessing essay centers for purity checks, with advocates calling for stricter quality practices. Despite these challenges, there are methods to reach both cities and smaller towns for gold purchases.

Gold Price Today: Know the Latest Price

To stay updated on the retail rates of 22-carat and 18-carat gold jewellery, a missed call to 8955664433 will provide the rates via SMS shortly. Regular updates can also be found on www.ibja.co or ibjarates.com. Stay informed on the latest gold prices through these platforms for informed decision-making.