Gold Rate Today In India: On May 23, the price of 10 grams of gold remained stable at approximately Rs 74,000. Pure 24-carat gold was priced at Rs 74,500 per 10 grams, while 22-carat gold held steady at around Rs 68,290. Meanwhile, the silver market experienced a downward trend, with prices rising to Rs 95,900 per kilogram.Gold rate today in India: Retail gold price on May 23Check gold rates today in different cities on May 23, 2024; (In Rs/10 grams)City22 Carat Gold Price24-Carat Gold PriceDelhi68,44074,650Mumbai68,29074,500Ahmedabad68,34074,550Chennai68,59074,830Kolkata68,29074,500Gurugram68,44074,650Lucknow68,44074,650Bengaluru68,29074,500Jaipur68,44074,650Patna68,34074,550Bhubaneshwar68,29074,500Hyderabad68,29074,500 Multi Commodity ExchangeOn May 23, 2024, the Multi Commodity Exchange (MCX) saw muted trading in gold futures contracts expiring on June 5, 2024, and was trading down. These contracts were priced at Rs 72,562 per 10 grams. Silver futures contracts expiring on July 5, 2024, were quoted at Rs 91,175 on the MCX.Retail Cost of GoldThe retail gold price in India, representing the final cost per unit weight for consumers, is influenced by multiple factors beyond the intrinsic value of the metal.Gold in India holds significant cultural importance, serving as a valuable investment and playing a crucial role in traditional weddings and festivals.Amid continuous market fluctuations, investors and traders closely watch these dynamics. Stay tuned for more updates on this developing videosView AllSwati Maliwal Assault Case: Delhi Police to Quiz Arvind Kejriwals ParentsColombia’s Petro Orders Opening Of Embassy In West Bank’s RamallahIsraeli Forces Move Deeper Into Rafah; 800,000 Flee The CityWere There Attempts To Shield Pune Car Crash Accused? Questions EmergeStage Collapse In Mexico Election Rally Kills 9Namit Singh SengarNamit writes on personal finance, economy and brands. Currently contributing to first published: May 23, 2024, 09:25 IST