Gold prices continue to fluctuate in India. There was a slight rise in gold futures prices on December 3, 2024, while a slight decline was seen in the retail market. There was a surge in gold prices during the festive season, but now a slight rise has come back.
Fluctuations are being seen in the prices of gold in India at present. There has been a slight rise in the futures price of gold on the Multi Commodity Exchange (MCX) on December 3, 2024, but there has been a slight decline in the gold rate in the retail market.
There was a huge jump in the prices of gold during the festive season, but in the period after that, a decline in prices was also seen. Now once again the prices of gold are rising slightly, due to which gold lovers are hopeful that the prices may increase further in the coming days.
Rise in gold futures prices on MCX
On December 3, gold futures saw a slight rise. At around 9:29 am, gold futures price was Rs 76,790 per 10 grams, 0.13% higher than the previous day’s closing price. There was a decline in gold prices in the last week of November, but now gold prices seem to be rising once again. These prices have increased dramatically in the first fortnight of December, and it remains to be seen what the situation will be in the future.
Gold rates in India’s retail market
Today, on December 3, there has been a slight decline in the gold rate in the retail market of India. The rate of 22 carat gold is Rs 70,890 per 10 grams, while the rate of 24 carat gold is Rs 77,340 per 10 grams. Apart from this, the rate of 18 carat gold is Rs 58,000 per 10 grams. It is important to note that gold prices change every day, so it is important to check the latest rates in your city before purchasing gold.
Gold price in major cities of India
Gold prices vary to some extent in different cities of India. Here are the details of gold prices in Delhi, Mumbai, Ahmedabad, Bengaluru, Chennai, Kolkata, Lucknow and other major cities:
22 carat gold price, 24 carat gold price
| City | 22 carat | 24 carat |
| Delhi | Rs 72,3000 | Rs 75,920 |
| Mumbai | Rs 72,100 | Rs 75,710 |
| Ahmedabad | Rs 72,340 | Rs 75,960 |
| Bengaluru | Rs 72,450 | Rs 76,070 |
| Chennai | Rs 71,300 | Rs 74,870 |
Gold prices in Mumbai, Delhi and other cities
There has been a slight increase in gold prices in December. Slight variation is being seen in the price of gold even in major cities. For example, the price of 22 carat gold in Delhi is Rs 71,040 per 10 grams, while the price of 24 carat gold is Rs 77,490 per 10 grams. These prices are slightly lower in Mumbai, the price of 22 carat gold is Rs 70,890, while the price of 24 carat gold is Rs 77,340.
What could happen to gold prices in the future?
Looking at the trends so far, it can be said that gold prices are fluctuating slightly. There was a huge increase in gold prices during the festive season. Now they are stabilizing, but gold prices may rise or fall again in the coming months depending on market conditions and global events.
