Gold prices have crossed Rs 1 lakh for 10 grams in India as the yellow metal witnesses a record rally driven by uncertainties in global markets. Pure gold, those of 24 carats, now cost more than Rs 10,000 for a gram in all major cities, including Delhi, Mumbai, Kolkata, and Chennai.
In the US, gold futures gained 1.7% to $3,482.40 on Monday evening. President Donald Trump’s criticism of Federal Reserve Chair Jerome Powell has sparked fears among investors, driving them towards safer assets like gold.
Gold Price In Different Indian Cities
24-carat gold costs Rs 10,150 per gram in Delhi and its neighbouring cities, Gurugram and Noida, according to goodreturns.com. But pure gold is not used in jewellery, and it may not be accounted for while calculating jewellery prices. For 22 carats, the price is a bit lower, around Rs 9,305 per gram. In Mumbai and Kolkata, the prices are marginally lower. While 24-carat gold costs Rs 10,135 per gram, 22-carat gold costs Rs 9,290.
