Gold Rate Today: Check 22 Carat Price In Your City on July 28 – News18

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Gold rate today in India on July 28, 2024. (Representative image)

Gold rate today: Stay updated with the latest gold prices today across various cities in India.

Gold Rate Today In India: On July 28, gold prices in India hovered near Rs 70,000 per 10 grams. This rate includes a premium for the highest purity gold, with 24-carat gold priced at Rs 69,000 per 10 grams. For those interested in jewelry, 22-carat gold, which is more durable due to its slight alloy mix, was priced at Rs 63,250 per 10 grams.

Meanwhile, silver’s price stood at Rs 84,500 per kilogram.

The government recently slashed customs duties on various products, including gold and silver.

The basic customs duty (BCD) on coins of precious metals, gold/silver findings, and gold and silver bars was reduced to 6 per cent from 15 per cent. It was cut to 5.35 per cent from 14.35 per cent for gold and silver dore.

Gold rate today in India: Retail gold price on July 28

Check gold rates today in different cities on July 28, 2024; (In Rs/10 grams)

City 22 Carat Gold Rate Today 24 Carat Gold Rate Today
Delhi 63,400 69,150
Mumbai 63,250 69,000
Ahmedabad 63,300 69,050
Chennai 64,650 70,530
Kolkata 63,250 69,000
Gurugram 63,400 69,150
Lucknow 63,400 69,150
Bengaluru 63,250 69,000
Jaipur 63,400 69,150
Patna 63,300 69,050
Bhubaneshwar 63,250 69,000
Hyderabad 63,250 69,000

India’s reliance on imported gold largely influences domestic prices, which closely mirror global trends. Additionally, the cultural importance of gold in India, particularly during festivals and weddings, can impact demand levels.

Retail Cost of Gold in India

The retail price of gold in India, reflecting the final cost per unit weight for consumers, is influenced by various factors beyond the metal’s intrinsic value.

Gold holds immense cultural importance in India, serving as a major investment and playing a crucial role in traditional weddings and festivals.

Amid ongoing market fluctuations, investors and traders closely monitor these dynamics. Stay tuned for further updates on this evolving story.

Namit Singh SengarNamit writes on personal finance, economy and brands. Currently contributing to News18.com as a Senior Sub Editor in the business vertical. Prior to t…Read More



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