In India, gold is considered not just a jewel but also the strongest source of savings and trust. Here, gold is kept safe in every house as a financial security, hence the habit of watching Gold Price Today daily has become necessary for almost every buyer and investor.
Today’s Gold Price in India has once again attracted the attention of the market because today a decline has been seen in the gold rate. Let us know today’s latest gold rates and the entire movement of the market.
Gold Price in India today
Today, there was a decline in gold prices in India, that is, the gold price has gone towards decline. Prices have come down as compared to the previous day, due to which this day can prove beneficial for buyers. Let us see today’s new prices of 24K, 22K and 18K gold:
24 karat gold
1 gram – ₹12,944
10 grams – ₹1,29,440
100 grams – ₹12,94,400
22 carat gold
1 gram – ₹11,865
10 grams – ₹1,18,650
100 grams – ₹11,86,500
18 karat gold
1 gram – ₹9,708
10 grams – ₹97,080
100 grams – ₹9,70,800
Today Gold Price in major cities of the country
Today, the gold price is not the same in the big cities of the country, in some cities the price is slightly higher and in some it is slightly lower. In Mumbai, Kolkata, Bengaluru, Hyderabad, Kerala and Pune, the price of 24K gold stood at ₹12,944 and 22K at ₹11,865 per gram. Prices were slightly higher in Delhi where 24K gold was priced at ₹12,959 and 22K gold at ₹11,880.
Gold price was highest today in Chennai where 24K gold is being sold at ₹ 13,091 and 22K gold at ₹ 12,000. Whereas in Vadodara and Ahmedabad today the price of 24K gold was ₹ 12,949 and 22K gold was ₹ 11,870 per gram. These small differences are due to factors like tax, demand and cost of making jewellery.
How was the price of gold in the last few days?
If we look at the gold price in the last few days, sometimes it increased and sometimes decreased, but today’s fall has changed the atmosphere. Last week, gold prices were continuously increasing, whereas today’s sudden fall has created an opportunity for buyers. Market experts believe that the decline in Gold Price Today means that there is hope of change again in the coming days.
Important advice for those investing in gold
If you are planning to invest in gold, then today’s falling rates can become a good opportunity for you. Since Gold Price in India has come down today, long term investors can consider buying. At the same time, it would be better for short-term investors to keep an eye on the prices of the coming days after Gold Price Today, so that they can trade or sell at the right time.
Today there has been a sharp decline in gold price and prices have come down in all categories 24K, 22K and 18K. Prices varied across major cities, but the overall market showed a downward trend. There may be changes in the gold price in the coming days, hence it would be better for both buyers and investors to pay attention to every update in the market and take decisions thoughtfully.
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