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HomeNewsBusinesscommoditiesGold prices were 0.5% higher at Rs 75,694 on October 4: MCX data

Gold prices were 0.5% higher at Rs 75,694 on October 4: MCX data

Gold prices have witnessed 19.95 percent increase since the start of 2024

October 07, 2024 / 08:58 IST
In Mumbai, 24-carat gold was Rs 75710, while 22-carat was Rs 72100. The price was 0.15 percent higher, compared with the previous day.

In Mumbai, 24-carat gold was Rs 75710, while 22-carat was Rs 72100. The price was 0.15 percent higher, compared with the previous day.

On October 4, 2024, gold closed at Rs 75694, a 0.5 percent increase from the previous day, according to MCX.

The spot market has seen a 19.95 percent rise in gold prices since the start of the year.

Additionally, gold prices are up by 34.38 percent year-over-year, based on Moneycontrol's analysis.

Despite these increases, gold prices are still below the Rs 75,694 mark set on October 4, 2024.

For December 4, 2024, gold futures closed at Rs 76190 per 10 grams on October 4, 2024, showing a 0.06 percent jump from the previous day.

Gold price rate varied city-wise on October 4, 2024.

Gold price in Delhi

The price of 24-carat gold in Delhi on October 4, 2024 was Rs 75810, while the gold rate for 22-carat was Rs 72200. The cost of gold in Delhi was 0.28 percent higher for 24-carat compared with the previous day.

Gold price in Mumbai

In Mumbai, 24-carat gold was Rs 75710, while 22-carat was Rs 72100. The price was 0.15 percent higher, compared with the previous day.

Gold price in Chennai

In Chennai, 24-carat gold cost Rs 72760, and 22-carat gold traded at Rs 71200. Prices were -2.54 percent lower compared with the previous day.

Gold price in Bengaluru

In Bengaluru, 24-carat gold cost Rs 75970 and 22-carat gold was Rs 72350. Price was 0.15 percent higher from the previous day.

For information on more cities, you can visit our gold page.

Outlook

US elections, which are to be held in November, and geopolitical uncertainties can also affect gold prices.

Moneycontrol News
first published: Oct 7, 2024 08:20 am

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