Indian 24K Gold Hits 154,170 Rupees in Chennai
Chennai leads Indian cities with 24K gold at 154,170 rupees per 10 grams. Spot gold remains steady near $4,344 per ounce.
Key points
- Chennai 24K gold price is 154,170 rupees per 10 grams, the highest in tracked cities.
- Mumbai 24K gold price is 151,410 rupees per 10 grams, the lowest in tracked cities.
- Spot gold remains steady near $4,344 per ounce while MCX gold gains 0.20 percent.
Chennai recorded the highest 24-carat gold price in India at 154,170 rupees per 10 grams. This figure leads the national retail market as investors monitor global cues.
Mumbai trailed significantly with 24K gold priced at 151,410 rupees per 10 grams. The spread reflects local demand variations and specific dealer margins across regions.
Citywise Price Variations
Delhi quoted 24K gold at 153,460 rupees while 22K stood at 140,672 rupees. Kolkata followed closely with 24K at 153,520 rupees per 10 grams.
Bengaluru offered 24K gold at 153,730 rupees and 22K at 140,919 rupees. Hyderabad reported 24K prices at 153,970 rupees per 10 grams.
Silver and Futures Trends
999-purity silver reached 240,240 rupees per kilogram in Chennai. Mumbai silver prices were lower at 230,420 rupees per kilogram.
MCX gold futures traded near 154,090 rupees with a 0.20 percent gain. Silver futures rose 0.29 percent to reach 240,100 rupees per kilogram.
Global Market Context
Spot gold stayed steady around $4,344 per ounce in international markets. US gold futures hovered near $4,382 as traders awaited Fed signals.
Monetary policy and geopolitical factors continue to drive domestic bullion rates. Retail prices include taxes and making charges that vary by dealer.
