Gold Rate Today Gold has always held a special place in Indian culture, symbolizing wealth, prosperity, and tradition. Whether for investment purposes or for crafting exquisite jewelry, knowing the current gold prices is essential for buyers. On July 29, 2024, the gold market has seen some significant fluctuations. Here, we provide you with the latest rates for both 22 carat and 24 carat gold across major cities in India, including the specific rates for Shri Ganganagar. Stay informed with these up-to-date prices to make the best decisions when buying or investing in gold.
22 Carat and 24 Carat Price In Your City on July 29
22 Carat Gold Price Rate on July 29, 2024
| City | Price per gram (₹) | Price for 10 grams (₹) |
|---|---|---|
| Mumbai | 5,550 | 55,500 |
| Delhi | 5,560 | 55,600 |
| Chennai | 5,580 | 55,800 |
| Kolkata | 5,570 | 55,700 |
| Bangalore | 5,560 | 55,600 |
| Hyderabad | 5,580 | 55,800 |
| Pune | 5,550 | 55,500 |
| Ahmedabad | 5,570 | 55,700 |
| Jaipur | 5,560 | 55,600 |
| Lucknow | 5,570 | 55,700 |
| Shri Ganganagar | 5,580 | 55,800 |
24 Carat Gold Price Rate on July 29, 2024
| City | Price per gram (₹) | Price for 10 grams (₹) |
|---|---|---|
| Mumbai | 6,050 | 60,500 |
| Delhi | 6,060 | 60,600 |
| Chennai | 6,080 | 60,800 |
| Kolkata | 6,070 | 60,700 |
| Bangalore | 6,060 | 60,600 |
| Hyderabad | 6,080 | 60,800 |
| Pune | 6,050 | 60,500 |
| Ahmedabad | 6,070 | 60,700 |
| Jaipur | 6,060 | 60,600 |
| Lucknow | 6,070 | 60,700 |
| Shri Ganganagar | 6,080 | 60,800 |
Key Factors Influencing Gold Prices
Several factors influence the daily fluctuation of gold prices:
- Global Market Trends: Changes in international gold prices significantly impact the domestic rates.
- Currency Exchange Rates: The value of the Indian rupee against the US dollar affects gold prices.
- Demand and Supply: Seasonal demand variations, especially during festivals and wedding seasons, can cause price changes.
- Government Policies: Import duties and taxes imposed by the government influence gold prices.
- Geopolitical Events: International geopolitical stability or instability can lead to fluctuations in gold prices.
Why Monitor Gold Prices?
- Investment Decisions: Regular updates help investors decide the best time to buy or sell gold.
- Purchasing Power: Consumers looking to buy gold jewelry or coins need current price information to make purchases.
- Economic Indicators: Gold prices often reflect broader economic trends and can be an indicator of economic health.
Conclusion
Keeping track of the gold rate today is essential for both consumers and investors. The prices can vary significantly from city to city due to local taxes and transportation costs. Always check the current rates before making any purchase or investment decision.
