On August 3, 2024, gold prices in India saw a slight increase, trading above Rs 70,500 per 10 grams. The price for 24-carat gold was at Rs 70,700 per 10 grams, reflecting its high purity. For those interested in gold jewelry, 22-carat gold, which is more durable due to its alloy mix, was priced at Rs 64,810 per 10 grams.
Recently, the government reduced customs duties on various products, including gold and silver, which impacts the pricing. Gold rates vary across different cities and states within India. Below are the gold prices in Delhi for today, August 3, as of 9:35 PM.
India's domestic gold prices are heavily influenced by global trends due to the country's dependence on imported gold. Additionally, the cultural significance of gold during festivals and weddings in India affects demand and pricing.