Gold Rate Today In India: On August 12, gold prices in India remained close to Rs 70,000 per 10 grams. The rate for the highest purity, 24-carat gold, was Rs 70,300 per 10 grams. For those considering jewellery, 22-carat gold, known for its added durability due to a slight alloy mix, was priced at Rs 64,440 per 10 grams.
In contrast, the price of silver was Rs 83,000 per kilogram.
Gold rate today in India: Retail gold price on August 12
Check gold rates today in different cities on August 12, 2024; (In Rs/10 grams)
Retail Cost of Gold in India
The retail price of gold in India, which represents the final cost per unit weight for consumers, is shaped by multiple factors beyond its intrinsic value.
Gold is deeply embedded in Indian culture, acting as a key investment and holding significant importance in traditional weddings and festivals.
As market conditions shift, investors and traders closely watch these trends. Stay tuned for more updates on this developing story.
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