Gold Price Today: If you are planning to buy gold or waiting for the right time to invest, then it is important for you to know today’s gold rate. For the last few days, there have been continuous fluctuations in the prices of gold. The effect of increasing tension in the global market, rise in crude oil prices and uncertainty regarding US interest rates is also visible on the Indian bullion market.
Gold Price Today
According to the latest data, the price of 24 carat gold in India has been recorded at around ₹ 15,483 per gram and the price of 22 carat gold has been recorded at around ₹ 14,182 per gram. However, prices may vary slightly according to different cities and jewelers.
price of 10 gram gold
24 carat gold: approximately ₹1,54,831 per 10 grams
22 carat gold: approximately ₹1,41,825 per 10 grams
| City | 22 carat gold (10 grams) | 24 carat gold (10 grams) |
|---|---|---|
| Delhi | ₹1,41,950 | ₹1,54,970 |
| Mumbai | ₹1,41,800 | ₹1,54,820 |
| Kolkata | ₹1,41,800 | ₹1,54,820 |
| Chennai | ₹1,42,300 | ₹1,55,230 |
| Bengaluru | ₹1,41,800 | ₹1,54,820 |
| Hyderabad | ₹1,41,800 | ₹1,54,820 |
| Pune | ₹1,41,800 | ₹1,54,820 |
| Ahmedabad | ₹1,41,900 | ₹1,54,900 |
| Jaipur | ₹1,41,950 | ₹1,54,970 |
| Lucknow | ₹1,41,950 | ₹1,54,970 |
These rates may change throughout the day as per market conditions.
Why are gold prices changing?
In recent times, gold prices have been affected by many international and domestic factors.
1. Global stress
Due to rising geopolitical tensions in the Middle East, investors are turning to safer investment options. Gold is traditionally considered a safe investment, so its demand may increase.
2. US Interest Rates
Due to the strong data of the US economy, the possibility of cutting interest rates soon has reduced. This is affecting gold prices.
3. Crude oil price
There is a possibility of increase in inflation due to increase in oil prices, the effect of which is seen on many commodity markets including gold.
Should you buy gold now?
Experts believe that gold still remains a strong option for long-term investors. However, people making short-term investments should keep an eye on market fluctuations.
If you want to buy gold for wedding, festival or future investment, then definitely check the BIS hallmark and HUID number. This ensures the purity of gold.
Important advice for investors
- Buy only BIS hallmarked gold.
- Compare the rates of different jewelers before purchasing.
- Don’t forget to take the bill.
- Options like gold ETF or digital gold can also be considered for investment.
conclusion
Gold prices remain volatile at present, but its demand remains strong in the Indian market. If you are planning to buy gold, it is important to keep an eye on the daily rate. According to market experts, further changes may be seen in gold prices in the coming days based on global developments.
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