Gold rate today, December 24: 24K gold hits record Rs 1 lakh; Check prices across major cities

#Business Desk
Representational image
Representational image

Gold prices witnessed a marginal rise on Wednesday, December 24, following a massive surge in the previous session. The price for 24-carat gold stood at ₹13,856 per gram, while 22-carat gold, used for making jewellery, was priced at ₹12,701 per gram.

Gold Price Today in India (per gram)

Purity Today’s Price Yesterday’s Price Change
24K (99.9%) ₹13,856 ₹13,855 ₹1
22K (91.6%) ₹12,701 ₹12,700 ₹1
18K ₹10,392 ₹10,391 ₹1

City-wise Gold Rates on December 24

The gold rates vary across major Indian cities due to local taxes, octroi, and varying demand. Here are the 22K and 24K gold prices per 10 grams in major cities:

City / State 22-Karat Gold (Per 10g) 24-Karat Gold (Per 10g)
Chennai ₹1,27,710 ₹1,39,320
Delhi ₹1,27,150 ₹1,38,700
Mumbai ₹1,27,000 ₹1,38,550
Bangalore ₹1,27,000 ₹1,38,550
Hyderabad ₹1,27,000 ₹1,38,550
Kolkata ₹1,27,000 ₹1,38,550
Kochi ₹1,27,000 ₹1,38,550

Recent Market Trends

Gold prices have seen a record-breaking rally in December. Just yesterday (Tuesday), prices jumped by ₹2,400 per 10 grams for 24K gold. Analysts attribute this volatility to global economic factors, including the weakening of the US Dollar and geopolitical tensions in South America.

Investors and buyers are advised to check the live rates as they are subject to change multiple times a day based on international market movements. The prices mentioned above do not include GST, TCS, and other local levies.