On August 21, the price of gold in the country has fallen. The price of 24 carat gold is between Rs 72600-72800 per 10 grams. The price of 24 carat gold in Delhi and Gurugram is Rs 72,790 per 10 grams. In Hyderabad it is Rs 72,640 per 10 grams. Talking about the second precious metal silver, its price is increasing. The retail price of 1 kg silver has become Rs 87100.
Gold Price in Delhi
The price of 24 carat gold is around Rs 72,790 per 10 grams. The price of 22 carat gold is around Rs 66,740 per 10 grams.
ahmedabad gold price
The price of 24 carat gold is Rs 72,690 per 10 grams. The retail price of 22 carat gold is Rs 66,640 per 10 grams.
mumbai gold price
The price of 24 carat gold is Rs 72,640 per 10 grams. The price of 22 carat gold in Mumbai is Rs 66,590 per 10 grams.
Gold imports in the country have decreased
India's gold imports fell 4.23 percent to $12.64 billion during April-July 2024 due to global economic uncertainty. It was $13.2 billion in the same period last year. Gold imports affect the country's current account deficit (CAD). According to government data, imports fell 10.65 percent to $3.13 billion in July alone, from $3.5 billion in the same month last year.
Imports fell 38.66 percent in June, 9.76 percent in May. However, imports increased from $1 billion in April 2023 to $3.11 billion in April. India's gold imports have increased by 30 percent to $45.54 billion in FY 2023-24.