On October 15, 2024, gold prices in India experienced fluctuations, capturing the interest of both buyers and investors. Currently, 24-carat gold, known for its highest purity, is priced at ₹77,400 per 10 grams. In contrast, 22-carat gold, more suitable for jewelry due to its alloy composition, is available at ₹70,950 per 10 grams.
These rates reflect minor adjustments from previous days. As global economic factors continue to shape the market, experts suggest that gold prices may fluctuate further in the upcoming weeks. Nigel Green, CEO of deVere Group, shared his insights with the Financial Express, stating, “As central banks continue aggressive buying and geopolitical tensions persist, the precious metal is primed for a bullish surge that could shatter previous records.”
Gold Prices in Major Cities
Mumbai:
24-carat gold: ₹76,050 per 10 grams (down from ₹76,390 on October 14)
One week ago (October 8): ₹75,100
Kolkata:
24-carat gold: ₹75,950 per 10 grams (down from ₹76,190 yesterday and ₹75,000 last week)
Delhi:
24-carat gold: ₹75,920 per 10 grams
With Diwali approaching in two weeks, many buyers are expected to shop for jewelry during this festive season.
Chennai:
24-carat gold: ₹76,270 per 10 grams (up from ₹76,150 on October 14 and significantly higher than ₹75,310 last week)
Ahmedabad:
22-carat gold: ₹71,000 per 10 grams
24-carat gold: ₹77,450 per 10 grams
Pune:
22-carat gold: ₹70,950 per 10 grams
24-carat gold: ₹77,400 per 10 grams
Lucknow:
22-carat gold: ₹71,100 per 10 grams
24-carat gold: ₹77,550 per 10 grams
Bengaluru:
22-carat gold: ₹70,950 per 10 grams
24-carat gold: ₹77,400 per 10 grams
Jaipur:
22-carat gold: ₹71,100 per 10 grams
24-carat gold: ₹77,550 per 10 grams
Patna:
22-carat gold: ₹71,000 per 10 grams
24-carat gold: ₹77,450 per 10 grams
Bhubaneshwar:
22-carat gold: ₹70,950 per 10 grams
24-carat gold: ₹77,400 per 10 grams
Hyderabad:
22-carat gold: ₹70,950 per 10 grams
24-carat gold: ₹77,400 per 10 grams
On the MCX futures market for October 15, gold futures contracts with a December expiry were quoted at ₹76,065 per gram, reflecting a decrease of ₹242. Meanwhile, silver futures for December were trading at ₹90,791 per kg, down by ₹899.
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