Gold Prices Fall in Major Indian Cities: A Quick Overview
Gold prices saw a slight decrease in major Indian cities. Rates for both 22-carat and 24-carat gold fell by ₹600 to ₹790 per 10 grams, offering relief to buyers.
Highlights
- •Gold rates dropped across several key Indian cities as the trading week concluded
- •The decrease in rates varies between ₹600 and ₹790 for both 22-carat and 24-carat gold
- •New Delhi reported a 750-rupee drop, while Mumbai and Kolkata saw similar reductions of ₹750 to ₹780
- •Buyers can find the best rates by comparing across different cities due to fluctuating prices
On the final business day of March, gold prices experienced a slight dip across major metropolitan cities in India. The drop ranged from ₹600 to ₹790 per 10 grams for both 22-carat and 24-carat varieties, offering relief to potential buyers.
Gold Rate Update City-Wide
In New Delhi, the price for 22-carat gold fell by ₹750, settling at ₹136,000 per 10 grams. For 24-carat, it dropped by ₹790 to ₹142,800 per *tola*. A day before, these rates stood at ₹136,750 and ₹143,590 respectively.
Moving on, in Mumbai, the rate for 22-carat gold decreased by ₹750 to ₹135,500, while that of 24-carat dropped by ₹780 to ₹142,280. The rates were previously at ₹136,250 and ₹143,060 on the previous day.
Closer examination in Kolkata showed similar trends; with 22-carat gold now priced at ₹136,500 (a drop of ₹750) and 24-carat gold trading at ₹143,330 after falling by ₹780. These rates were higher yesterday, when 22-carat was recorded at ₹137,250 and 24-carat at ₹144,110.
Hyderabad followed a similar path with reductions of ₹600 for both 22-carat gold, settling at ₹136,000 per *tola*, and 24-carat gold dropping to ₹142,800. Previously, the rates were ₹136,600 and ₹143,430 respectively.
In Chennai, the rate for 22-carat gold decreased by ₹600 to ₹136,000 per 10 grams, with that of 24-carat dropping by ₹630 to ₹142,800. The previous day's rates were ₹136,600 for both carats.
A similar pattern was seen in Bengaluru where the price of 22-carat gold declined by ₹750 to ₹136,100, while that of 24-carat dropped to ₹142,910 per *tola*. Prices were higher just a day earlier.
