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.
| City | 22 Carat Gold | 24 Carat Gold | 18 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.
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