Gold Prices Rise Today: Check 22K and 24K Rates In Delhi, Mumbai, Other Cities On May 14
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India gold prices rise for second day after import duty hike to 15 per cent, 24k gold near Rs 1,62,000 per 10 grams across major cities, spot gold at 4,725.39 per ounce
Gold Prices Rise Today: Check 22K and 24K Rates In Delhi, Mumbai, Other Cities On May 8
Gold and Silver Rates in India Today, May 14: Gold prices surged on Thursday, the second consecutive day after India hiked the import duty on gold to 15 per cent from 6 per cent. On MCX, gold futures rose 0.35 per cent to trade at Rs 1,62,756 per 10 grams.
In Mumbai, the price of 24-carat gold stood at Rs 1,62,330 per 10 grams, while 22k gold was available at Rs 1,48,800 per 10 grams. These rates do not include GST and making charges.
What Is The Price Of 22kt, 24kt Gold Today In India Across Key Cities On May 14?
| City | 22K Gold (per 10gm) | 24K Gold (per 10gm) |
|---|---|---|
| Delhi | Rs 1,48,900 | Rs 1,62,480 |
| Jaipur | Rs 1,48,900 | Rs 1,62,480 |
| Ahmedabad | Rs 1,48,850 | Rs 1,62,380 |
| Pune | Rs 1,48,850 | Rs 1,62,380 |
| Mumbai | Rs 1,48,800 | Rs 1,62,330 |
| Hyderabad | Rs 1,48,800 | Rs 1,62,330 |
| Chennai | Rs 1,48,800 | Rs 1,62,330 |
| Bengaluru | Rs 1,48,800 | Rs 1,62,330 |
| Kolkata | Rs 1,48,800 | Rs 1,62,330 |
What Factors Affect Gold Prices In India?
International market rates, import duties, taxes, and fluctuations in exchange rates primarily influence gold prices in India. Together, these factors determine the daily gold rates across the country.
In India, gold is deeply cultural and financial. It is a preferred investment option and is key to celebrations, particularly weddings and festivals.
With constantly changing market conditions, investors and traders monitor fluctuations closely. Staying updated is crucial for effectively navigating dynamic trends.
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