Gold was inched up to Rs 87,820 for 10 gms on March 10 following global cues amid a weaker dollar and concerns for global trade following US President Donald Trump's tariff war.
The average price of 10 grams of 22 karat gold was at Rs 80,500. Silver, however, was marginally lower at Rs 99,000 a kg.
Let's check the latest prices of 22 carat and 24 carat gold in 10 big cities of the country:
City | Price of 22K gold per 10 gram | Price of 24K gold per 10 gram |
Delhi | Rs 80,650 | Rs 87,970 |
Mumbai | Rs 80,500 | Rs 87,820 |
Chennai | Rs 80,500 | Rs 87,820 |
Kolkata | Rs 80,500 | Rs 87,820 |
Bengaluru | Rs 80,500 | Rs 87,820 |
Jaipur | Rs 80,650 | Rs 87,970 |
Lucknow | Rs 80,650 | Rs 87,970 |
Hyderabad | Rs 80,500 | Rs 87,820 |
Ahmedabad | Rs 80,550 | Rs 87,870 |
While 24-carat is a 100 percent pure gold with no trace of any other metal, the 22-carat variant has 91.67 percent yellow metal with some traces of alloyed metals like silver or copper.
Recently, World Gold Council chief executive officer (CEO) David Tait said gold is an important asset class to have in a portfolio and even the central banking community sees it so.
"Gold is something that you hold for a lifetime" he said, while adding that every indicator points that gold prices will go up. While speaking at the Moneycontrol Global Wealth Summit 2025, Tait further said that there is an enormous opportunity, not just in India but also in China and Japan, which will help the gold ETF (exchange-traded fund) market to grow.
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