Business

Gold Rate Today: Gold Prices Drop Ahead of Dussehra – Best Time to Buy

Published by
Speaks Desk

Pune – As of October 11, 2024, gold prices have seen a noticeable drop, making it an ideal time for buyers to invest in gold jewelry. After witnessing a significant surge in prices during the Navratri season, gold rates have now decreased just before Dussehra. This drop provides an opportunity for consumers to take advantage of lower prices and make purchases for the festive season.

According to market sources, the price of 24-carat gold has dropped by ₹500 per 100 grams, bringing the rate down to ₹7,66,400 from ₹7,66,900. Similarly, the price of 10 grams of 24-carat gold has fallen by ₹50, making it ₹76,640, down from ₹76,690. This decline in prices is observed across multiple cities, including Mumbai, Pune, Nagpur, and Kolhapur.

Today’s 24 Carat Gold Rates (per 10 grams):

  • Mumbai: ₹76,640 (Yesterday: ₹76,690)
  • Pune: ₹76,640 (Yesterday: ₹76,690)
  • Nagpur: ₹76,640 (Yesterday: ₹76,690)
  • Kolhapur: ₹76,640 (Yesterday: ₹76,690)
  • Sangli: ₹76,640 (Yesterday: ₹76,690)
  • Baramati: ₹76,640 (Yesterday: ₹76,690)

Today’s 22 Carat Gold Rates (per 10 grams):

  • Mumbai: ₹70,250 (Yesterday: ₹70,300)
  • Pune: ₹70,250 (Yesterday: ₹70,300)
  • Nagpur: ₹70,250 (Yesterday: ₹70,300)
  • Kolhapur: ₹70,250 (Yesterday: ₹70,300)
  • Sangli: ₹70,250 (Yesterday: ₹70,300)
  • Baramati: ₹70,250 (Yesterday: ₹70,300)

City-wise Gold Rates (per 10 grams):

City22 Carat Gold24 Carat Gold18 Carat Gold
Chennai₹70,250₹76,640₹57,540
Mumbai₹70,250₹76,640₹57,480
Delhi₹70,400₹76,790₹57,600
Kolkata₹70,250₹76,640₹57,480
Bengaluru₹70,250₹76,640₹57,480
Hyderabad₹70,250₹76,640₹57,480
Ahmedabad₹70,300₹76,690₹57,520

The drop in gold prices has come as a relief to many, especially those looking to buy gold jewelry for Dussehra celebrations or weddings. With the festive season around the corner, it’s a perfect opportunity to invest in gold.

Both 22-carat and 24-carat gold have witnessed a ₹50 drop per 10 grams, while 18-carat gold rates have remained relatively stable.

Speaks Desk

Recent Posts

iOS 27 Release Date: Apple Update Brings New Siri AI and Visual Intelligence Features

India: The iOS 27 release date is September 14, with Apple rolling out the latest…

1 hour ago

Tata Harrier EV Owner Wins Refund Relief After Repeated Vehicle Problems

Hyderabad: A district consumer commission has directed Tata Select Motors to take back a Tata…

1 hour ago

Hyundai Bayon Name Revealed as New Intelligent SUV for India

India: Hyundai Motor India has announced the name of its upcoming SUV as the Hyundai…

2 hours ago

Ballon d’Or 2026 Nominees Include Messi, Mbappé and Emery

The 2026 Ballon d'Or race is officially taking shape, with Lionel Messi, Kylian Mbappé, Lamine…

3 hours ago

Ray LaMontagne Collapses on Stage During Nashville Concert, Treated for Dehydration

Ray LaMontagne collapsed on stage during his Nashville concert Saturday night, briefly alarming fans before…

3 hours ago

iPhone 18 Pro and Foldable iPhone Expected to Lead Apple’s Major September Event

Apple is set to unveil its next-generation iPhone lineup Wednesday, with the iPhone 18 Pro…

3 hours ago