Gold Price Today: Gold has always been a very important investment and part of tradition in India. Gold has a special place in India. In India, gold is not only considered a precious metal but is also considered a symbol of future security and prosperity. The use of gold increases on the occasions of weddings and festivals. Due to which the price of gold also increases. Let us know in detail in today’s article why the price of gold changes every day and what is the price of gold in different parts of India today?
How is the price of gold decided?
The price of gold depends on the demand and supply of gold in the international market. When the demand for gold increases in the market or the supply also increases the price of gold. During the global economic crisis, people see gold as a safe investment. This is the reason why gold prices keep changing often.
India is considered the second largest consumer of gold in the world. Gold is bought not only for jewelry but also as future savings. The demand for gold increases on weddings and festivals. Due to this, the price of gold also starts increasing. For Indian families, gold is not only a part of their tradition, but also a means of economic security.
22 carat and 24 carat gold
While buying gold, people often do not understand 22 carat and 24 carat. In 22 carat gold, apart from gold, some metals are also mixed, it is not completely pure and jewelry is made from 22 carat gold only. 24 carat gold is pure, there is almost no adulteration in it. It is used for investment. Gold prices are different in different cities. For this, it is important to know the latest price of gold in the local market. Today, we have given the price of 22 carat and 24 carat gold in different cities of India below.
Price of 1 gram gold in different cities of India today:
Chennai: ₹7,449 (22 carat), ₹8,122 (24 carat)
Mumbai: ₹7,449 (22 carat), ₹8,122 (24 carat)
Delhi: ₹7,464 (22 carat), ₹8,137 (24 carat)
Kolkata: ₹7,449 (22 carat), ₹8,122 (24 carat)
Bengaluru: ₹7,449 (22 carat), ₹8,122 (24 carat)
Hyderabad: ₹7,449 (22 carat), ₹8,122 (24 carat)
Kerala: ₹7,449 (22 carat), ₹8,122 (24 carat)
Pune: ₹7,449 (22 carat), ₹8,122 (24 carat)
Vadodara: ₹7,454 (22 carat), ₹8,127 (24 carat)
Ahmedabad: ₹7,454 (22 carat), ₹8,127 (24 carat)
Jaipur: ₹7,465 (22 carat), ₹8,138 (24 carat)
Lucknow: ₹7,465 (22 carat), ₹8,138 (24 carat)
Coimbatore: ₹7,450 (22 carat), ₹8,123 (24 carat)
Madurai: ₹7,450 (22 carat), ₹8,123 (24 carat)
Vijayawada: ₹7,450 (22 carat), ₹8,123 (24 carat)
Patna: ₹7,455 (22 carat), ₹8,128 (24 carat)
Nagpur: ₹7,450 (22 carat), ₹8,123 (24 carat)
Chandigarh: ₹7,465 (22 carat), ₹8,138 (24 carat)
Surat: ₹7,455 (22 carat), ₹8,128 (24 carat)
Bhubaneswar: ₹7,450 (22 carat), ₹8,123 (24 carat)
Gold for investment
Gold is considered a safe investment option. Apart from physical gold, there are many other options available in the market today such as digital gold, gold ETF, and gold bonds. The special thing about digital gold and paper gold is that there is no problem in handling and keeping it safe. The government’s gold bond schemes also encourage people to invest. Before investing in gold, it is important to understand its price and market condition.
Conclusion
Gold is not only a metal in India, but also a symbol of economic and traditional importance. Its prices depend on many factors. If you want to invest in gold, it is very important to have the right information at the right time. This will also increase your financial security and give better benefits in the future. So invest in gold wisely. Make it a part of your wealth while preserving your tradition.
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