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Gold rate today in India on April 18, 2024. (Representative image)
Gold Rate Today: Check gold rates in different cities on April 18
Gold Rate Today In India: Gold prices in India followed an upward trend on April 18, showing strength despite fluctuations throughout the week. The initial price for 10 grams of gold stayed steady at about Rs 74,140. Pure gold (24-carat) was trading at around Rs 74,120 per 10 grams, while 22-carat gold was approximately Rs 67,940.
At the same time, the silver market showed an upward movement, reaching Rs 86,400 per kilogram.
Gold rate today in India: Retail gold price on April 18
Gold Rate Today In Mumbai
Currently in Mumbai, the price of 10 grams of 22-carat gold stands at Rs 67,940, while the equivalent amount of 24-carat gold is valued at Rs 74,120.
Gold Rate Today In Delhi
As of April 18, 2024, the price of 10 grams of 22-carat gold in Delhi is approximately Rs 68,090, while the rate for 10 grams of 24-carat gold stands at roughly Rs 74,270.
Gold Rate Today In Ahmedabad
In Ahmedabad, the price for 10 grams of 22-carat gold is Rs 68,020, and for the same amount of 24-carat gold, it’s Rs 74,170.
Check gold rates today in different cities on April 18, 2024; (In Rs/10 grams)
| City | 22 Carat Gold Price | 24-Carat Gold Price |
| Chennai | 68,690 | 74,940 |
| Kolkata | 67,940 | 74,120 |
| Gurugram | 68,090 | 74,270 |
| Lucknow | 68,090 | 74,270 |
| Bengaluru | 67,940 | 74,120 |
| Jaipur | 68,090 | 74,270 |
| Patna | 67,990 | 74,170 |
| Bhubaneshwar | 67,940 | 74,120 |
| Hyderabad | 67,940 | 74,120 |
Multi Commodity Exchange
On April 18, 2024, the MCX saw active trading in gold futures contracts expiring on June 5, 2024. These contracts were priced at Rs 72,518 per 10 grams. Additionally, silver futures contracts expiring on May 3, 2024, were quoted at Rs 83,500 on the MCX.
Investors and traders kept a close eye on these developments amidst the continuing market fluctuations. Stay tuned for more updates on this unfolding narrative.
Retail Cost of Gold
The gold price in India, often referred to as the retail gold price, reflects the final cost per unit weight paid by consumers when purchasing gold. This price is influenced by numerous factors beyond the inherent value of the metal.
Gold carries great significance in India because of its cultural importance, its role as a valuable investment, and its traditional connection with weddings and festivals.
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