Will Gold Price Go Down In 2024 Or Not. — why is gold price increasing in india (june 2024)? Gold rates on the mcs was up by 0.35% or ₹ 242, trading at ₹ 68,428 for 10 grams, while silver gained even more at 0.66% or ₹ 538, trading at ₹ 81,909 per kg.
The upward trend began in march 2024, with the price of gold. India’s recent cut in customs duties on gold and silver from 15% to 6% is expected to drive gold prices down significantly.