Gold Rate 2 January 2024: There is a rise in the price of gold in the bullion market of the country today on Tuesday. Gold price is trading above Rs 64,000. Delhi-NCR gold rate is at Rs 64,240. The rate of gold in Chennai is Rs 64,5800. The price of gold here is higher than in other cities.
Gold Rate 2 January 2024: There is a rise in the price of gold in the bullion market of the country today on Tuesday. Gold price is trading above Rs 64,000. Delhi-NCR gold rate is at Rs 64,240. The rate of gold in Chennai is Rs 64,5800. The price of gold here is higher than other cities. The rate of silver is trading at Rs 78,900.
Gold rate in Delhi
The price of 22 carat gold in Delhi was Rs 58,900 per 10 grams. For 24 carat, customers will have to pay Rs 64,240 per 10 grams.
Gold rate in Mumbai
The retail price of 22 carat gold in Mumbai is Rs 58,750 and the price of 24 carat gold is Rs 64,090 per 10 grams.
Gold rate in Chennai
In Chennai, 22 carat gold was Rs 59,200 per 10 grams. The retail price of 24 carat gold in Chennai, the capital of Tamil Nadu, is Rs 64,580 per 10 grams.
This will be the gold rate in big cities of the country on January 2, 2024
| City | 22 carat gold rate | 24 carat gold rate |
| Ahmedabad | 58,800 | 64,140 |
| Gurugram | 58,900 | 64,240 |
| Kolkata | 58,750 | 64,090 |
| Lucknow | 58,900 | 64,240 |
| Bangalore | 58,750 | 64,090 |
| Jaipur | 58,900 | 64,240 |
| Patna | 58,800 | 64,140 |
| Bhubaneswar | 58,750 | 64,090 |
| Hyderabad | 58,750 | 64,090 |
Gold prices depend on these reasons
The price of gold is largely decided on the basis of demand and supply of gold in the market. If the demand for gold increases, the rate will also increase. If the supply of gold increases, the price will decrease. The price of gold is also affected by global economic conditions. For example, if the international economy is performing poorly, investors will look to gold as a safe investment option. This will increase the price of gold.
