Times of India Daily
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Check the 24 carat price in your city on March 2 when the gold rate in India rises

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<p>On March 2, 2024, the price of gold in India experienced fluctuations. Nevertheless, the foundational value for 10 grams remained relatively stable, oscillating around Rs 64,000. A meticulous analysis reveals that the mean price for 10 grams of 24-carat gold settled at approximately Rs 64,090, whereas 22-carat gold averaged Rs 58,750.</p>
<p><img decoding=”async” class=”alignnone wp-image-468741″ src=”https://www.theindiaprint.com/wp-content/uploads/2024/03/theindiaprint.com-check-the-24-carat-price-in-your-city-on-march-2-when-the-gold-rate-in-india-rises.jpg” alt=”theindiaprint.com check the 24 carat price in your city on march 2 when the gold rate in india rises” width=”944″ height=”629″ title=”Check the 24 carat price in your city on March 2 when the gold rate in India rises 6″ srcset=”https://www.theindiaprint.com/wp-content/uploads/2024/03/theindiaprint.com-check-the-24-carat-price-in-your-city-on-march-2-when-the-gold-rate-in-india-rises.jpg 510w, https://www.theindiaprint.com/wp-content/uploads/2024/03/theindiaprint.com-check-the-24-carat-price-in-your-city-on-march-2-when-the-gold-rate-in-india-rises-150×100.jpg 150w” sizes=”(max-width: 944px) 100vw, 944px” /></p>
<p>Simultaneously, the silver market exhibited a consistently ascending trajectory, reaching Rs 75,000 per kilogram.</p>
<p><strong>Today’s gold rate in India: Retail gold prices on March 2</strong></p>
<p><strong>Gold Rate Today In Delhi</strong></p>
<p>As of today, March 2, 2024, in Delhi, an approximate sum of Rs 58,900 would be required to procure 10 grams of 22-carat gold, and Rs 64,240 for an equivalent amount of 24-carat gold.</p>
<p><strong>Gold Rate Today In Mumbai 22 Carat & 24 Carat</strong></p>
<p>Presently, in Mumbai, the cost of 10 grams of 22-carat gold is Rs 58,750, while the equivalent amount of 24-carat gold is valued at Rs 64,090.</p>
<p><strong>Gold Rate Today In Ahmedabad</strong></p>
<p>In Ahmedabad, the cost for 10 grams of 22-carat gold is Rs 58,800, and for the same quantity of 24-carat gold, it amounts to Rs 64,140.</p>
<p>Verify gold rates today in various cities on March 2, 2024; (In Rs/10 grams)</p>
<p><strong>CITY | 22 CARAT GOLD PRICE | 24-CARAT GOLD PRICE</strong></p>
<p>Chennai: 59,400 | 63,720</p>
<p>Kolkata: 58,750 | 64,090</p>
<p>Gurugram: 58,900 | 64,240</p>
<p>Lucknow: 58,900 | 64,240</p>
<p>Bengaluru: 58,750 | 64,090</p>
<p>Jaipur: 58,900 | 64,240</p>
<p>Patna: 58,800 | 64,140</p>
<p>Bhubaneshwar: 58,750 | 64,090</p>
<p>Hyderabad: 58,750 | 64,090</p>
<p><strong>Multi-commodity exchange</strong></p>
<p>On March 1, 2024, the Multi Commodity Exchange (MCX) witnessed active trading in gold futures contracts expiring on April 5, 2024. These contracts were valued at Rs 63,600 per 10 grams. Additionally, silver futures contracts expiring on May 3, 2024, were quoted at Rs 72,272 on the MCX.</p>
<p><strong>Retail Cost of Gold</strong></p>
<p>The retail price of gold in India, commonly referred to as the gold rate, denotes the ultimate cost per unit weight that patrons incur when acquiring gold. This price is influenced by various factors beyond the intrinsic value of the metal itself.</p>
<p>Gold holds profound importance in India due to its cultural significance, its investment value, and its traditional role in weddings and festivals.</p>
<p><strong>Outlook for 2024: Anticipated Gold Price of Rs 70,000 Per 10 Grams</strong></p>
<p>The All India Gem and Jewellery Domestic Council (GJC), recently announced that prevailing global economic uncertainties and geopolitical tensions are projected to propel gold prices to a historic high of Rs 70,000 per 10 grams in the forthcoming year. This trajectory underscores gold’s standing as a reliable investment and a valuable hedge against inflation.</p>
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