Gold prices in India held steady on May 19, with 10 grams of 24-carat gold priced at around Rs 74,620 and 22-carat gold at Rs 68,400. The silver market, on the other hand, saw an uptick, reaching Rs 93,000 per kilogram.
The retail prices of gold in various cities across India on May 19 are as follows (in Rs/10 grams):
– Delhi: 22-carat – Rs 68,550; 24-carat – Rs 74,770
– Mumbai: 22-carat – Rs 68,400; 24-carat – Rs 74,620
– Ahmedabad: 22-carat – Rs 68,450; 24-carat – Rs 74,670
– Chennai: 22-carat – Rs 68,500; 24-carat – Rs 74,730
– Kolkata: 22-carat – Rs 68,400; 24-carat – Rs 74,620
– Gurugram: 22-carat – Rs 68,550; 24-carat – Rs 74,770
– Lucknow: 22-carat – Rs 68,550; 24-carat – Rs 74,770
– Bengaluru: 22-carat – Rs 68,400; 24-carat – Rs 74,620
– Jaipur: 22-carat – Rs 68,550; 24-carat – Rs 74,770
– Patna: 22-carat – Rs 68,450; 24-carat – Rs 74,670
– Bhubaneshwar: 22-carat – Rs 68,400; 24-carat – Rs 74,620
– Hyderabad: 22-carat – Rs 68,400; 24-carat – Rs 74,620
The retail price of gold is affected by various factors beyond its intrinsic value, including market trends and consumer demand. In India, gold holds cultural significance and is a popular investment choice.
Investors and traders are closely monitoring the gold market amidst ongoing fluctuations. Stay updated for more developments on this evolving story.
