After the gold prices saw a steep decline in the past few days in the market, the rate has again backed up. On good returns price for 24-carat gold rose to Rs 49,640 from Rs 49,630 per 10 gram. The gold prices have observed some momentum from the beginning of the year.
On MCX gold price in India is estimated to be Rs. 49,990 per 10 gram. Meanwhile, the price for 22-carat gold remains Rs. 45,790. From May, the prices for standard as well as pure gold comparatively declined from the past months in the market.
On Wednesday, good returns marked the prices for 22-carat gold as Rs 4,549 and Rs 4,963 for pure gold which has increased by Re 1 for today in the market. As per the gold rate estimated websites prices in various cities of the country have increased.
In Delhi, 10 grams of 22-carat gold is worth Rs 45,600. While 24-carat gold of 10 grams will cost Rs 45,290. In the financial capital of the country, Mumbai, price for 22 carat gold stands at Rs 44,290 and for 24 carat the prices are Rs 45,290. In Chennai, you will need to pay Rs. 44,500 for 22-carat gold and Rs. 48,490 for 24-carat gold in the market.
Overall the gold prices are in a rising state as of now. The changing percentage for the month of April has been observed as +1.84% for 22-carat gold and +1.80% for 24-carat gold.