look news india
Gold rate today in India: The results of the Lok Sabha elections have come. BJP's coalition government is being formed in the country. After yesterday's election results, today on June 5, the price of gold has increased. In the capital Delhi, the price of 10 grams of 24 carat gold has gone up to Rs 73,080. Compared to Tuesday, yesterday the price of gold has increased by Rs 100 per 10 grams to Rs 600. The retail price of silver is Rs 94,100 per kilogram.
Gold price in retail market today in India
Gold Price in Delhi
In Delhi, the price of 22 carat gold stood at Rs 66,960 per 10 grams. For 24 carat gold, customers will have to pay Rs 73,030 per 10 grams.
Gold Price in Mumbai
Talking about other cities of the country, the retail price of 22 carat gold in Mumbai, Maharashtra is Rs 66,810 and the price of 24 carat gold is Rs 72,880 per 10 grams.
Gold Rate in Ahmedabad
In Ahmedabad, 22 carat gold was sold at Rs 66,860 per 10 grams and 24 carat gold was sold at Rs 72,930 per 10 grams.
The prices of gold in major cities of the country on 05 June 2024 are as follows
| City | 22 carat 10 gram gold price | 24 carat 10 gram gold price |
| Chennai | Rs 64,460 | Rs 73,590 |
| Kolkata | Rs 66,810 | Rs 72,880 |
| Gurgaon | Rs 66,960 | Rs 73,030 |
| Lucknow | Rs 66,960 | Rs 73,030 |
| Bangalore | Rs 66,810 | Rs 72,880 |
| Jaipur | Rs 66,960 | Rs 73,030 |
| Patna | Rs 66,860 | Rs 72,930 |
| Bhubaneswar | Rs 66,810 | Rs 72,880 |
| Hyderabad | Rs 66,810 | Rs 72,880 |
The price of gold is decided on this basis
The price of gold is mostly determined by the demand and supply of gold in the market. If the demand for gold increases, the price will also increase. If the supply of gold increases, the price will decrease. Global economic conditions also affect gold prices. For example, if the global economy is performing poorly, investors will look at gold as a safe haven. This will increase the price of gold.
