Mumbai, October 29: As Dhanteras is celebrated today, October 29, 2024, gold prices are a focal point for many who consider purchasing this auspicious metal during the festival. Dhanteras marks the beginning of the five-day Diwali festivities, with many believing that buying gold on this day brings prosperity and good fortune for the coming year. Diwali festival, during which people believe that buying gold brings blessings and wealth into their homes. In Indian culture, gold is seen as a valuable asset, a form of investment, and a token of love and affection, often gifted during festive occasions. As families gear up for celebrations, gold remains a preferred choice for adornment and investment alike.
According to Good Returns, the gold rate in India is currently set at INR 7,314 for 22-carat gold and INR 7,979 for 24-carat gold, while silver is priced at INR 97.90 per gram and INR 97,900 per kilogram as of October 29. This information is vital for consumers planning their festive shopping and investment strategies. Major cities across India exhibit varying gold prices, making it essential for buyers to stay informed. Scroll down to know the prices of gold in Mumbai, Ahmedabad, Delhi, Kolkata, Lucknow, Jaipur, Hyderabad, and other metro cities. Silver Set to Outshine Gold with INR 1.25 Lakh Target in 12-15 Months: MOFSL.
Check Prices of Gold (Per Gram) in Metro Cities Today
City | 22 Carat Gold Rate on October 29 | 24 Carat Gold Rate on October 29 |
Delhi | INR 7,329 | INR 7,994 |
Mumbai | INR 7,314 | INR 7,979 |
Ahmedabad | INR 7,319 | INR 7,984 |
Chennai | INR 7,314 | INR 7,979 |
Kolkata | INR 7,314 | INR 7,979 |
Gurugram | INR 7,329 | INR 7,994 |
Lucknow | INR 7,329 | INR 7,994 |
Bengaluru | INR 7,314 | INR 7,979 |
Jaipur | INR 7,329 | INR 7,979 |
Patna | INR 7,319 | INR 7,984 |
Bhubaneshwar | INR 7,314 | INR 7,979 |
Hyderabad | INR 7,314 | INR 7,979 |
As the festive season of Dhanteras and Diwali unfolds, purchasing gold remains a cherished tradition for many Indian families, symbolising wealth, prosperity, and good fortune. Silver also presents an attractive investment option, priced at INR 97.90 per gram. Whether for personal adornment or as a gift, gold continues to hold significant value in Indian culture. As families come together to celebrate, investing in gold not only enhances festive joy but also serves as a prudent financial choice.
(The above story first appeared on LatestLY on Oct 29, 2024 08:31 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).