Srinagar, Mar 23: Gold prices in India continue to fall as the rate plunged by Rs 1,200 per 100 gram on Tuesday (March 23) in India. The rates of yellow metal went down by Rs 120 per 10 gram, which means that the price of 22-carat Gold is Rs 4,38,000 per 100 gram and Rs 43,800 per 10 gram. The price of 24-carat Gold Price, however, is Rs 4,48,00 per 100 gram and Rs 44,800 per 10 gram.
Despite weakness in the US dollar and fall in US 10-year yields from the highs, gold still managed to trade lower indicating that the reason for the decline is portfolio balancing, said an analyst.
From a record high of Rs 56,191 per 10 gram on MCX in August 2020, gold prices have plunged Rs 11,393 per 10 gram or 20.27 per cent.
It is to be noted that gold prices do vary due to the tax structure across states and cities. The gold price has been falling for the last four days.
City, state-wise 22-carat Gold price today per 10 gram
– In Mumbai: Rs 43,800
– In Delhi: Rs 44,200
– In Chennai Rs 42,120
– In Kolkata: Rs 44,540
– In Bangalore: Rs 42,050
– In Hyderabad: Rs 42,050
– In Kerala: Rs 42,050
– In Uttar Pradesh’s Lucknow – Rs 44,200
– In Maharashtra’s Pune: Rs 43,800
– In Ahmedabad: Rs 44,500
– In Rajasthan’s Jaipur: Rs 44,200
– In Bihar’s Patna: Rs 43,800
– In Tamil Nadu’s Coimbatore: Rs 42,120
– In Gujarat’s Vadodara: Rs 44,500
City, state-wise 24-carat Gold price today per 10 gram
– In Mumbai: Rs 44,800
– In Delhi: Rs 48,220
– In Chennai Rs 45,950
– In Kolkata: Rs 47,210
– In Bangalore: Rs 45,880
– In Hyderabad: Rs 45,880
– In Kerala: Rs 45,880
– In Uttar Pradesh’s Lucknow – Rs 48,220
– In Maharashtra’s Pune: Rs 44,800
– In Ahmedabad: Rs 46,370
– In Rajasthan’s Jaipur: Rs 48,220
– In Bihar’s Patna: Rs 44,800
– In Tamil Nadu’s Coimbatore: Rs 45,950
– In Gujarat’s Vadodara: Rs 46,370
Notably, the gold prices mentioned above are exclusive of Goods and Services Tax (GST), TCS, and other taxes so the rates may vary in showrooms.
