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Gold Prices Today: India is the 2nd largest consumer of gold after China. Major portion of the country’s gold requirement is supplemented by imports and some amount of gold bullion is recycled within the country. Factors such as international gold rates which are in dollars, customs duties on imports and local taxes affects the domestic gold prices. Gold is often considered an inflationary hedge; however, it is also priced with regard to bond yields and the dollar value.
Consider the rates for gold in 10 different Indian cities and here is what we found. Remember that the rates will differ on a day to day basis depending on the Indian market gold prices.
Gold Rate In Delhi Today
For Delhi, the gold price is Rs 7,301 for 22karat gold Rs 7,963 for 24karat gold.
Gold Rate In Chennai Today
Moving on to Chennai, the 22karat gold is marked at Rs 7,286 for and Rs 7,948for 24karat gold.
Gold Rate In Bengaluru Today
If we focus our attention on Bangalore, the figures are somewhat lower with Rs 7,286 for 22karat gold and Rs 7,948 for 24karat gold.
Gold Rate In Mumbai Today
The price details for gold in Mumbai do not differ much as it lays around the same price range which is 22karat gold priced at Rs 7,286 and Rs 7,948 for the 24karat.
Gold Rate In Pune Today
The gold rates for Pune tend to remain inline and range around Rs 7,286 for 22karat gold and Rs 7,948 for the 24karat.
Gold Rate In Kolkata Today
Gold Rate Per Gram In Kolkata
For 22 karat gold in Kolkata, the present gold rate is Rs 7,286 per gram, and Rs 7,948 per gram for 24 karat gold, otherwise known as 999 gold.
Gold Rate In Ahmedabad Today
For 22 karat gold in Ahmedabad, the gold price is Rs 7,291 per gram, while for 24 karat gold it is Rs 7,953 per gram.
Gold Rate In Hyderabad Today
The gold price in Hyderabad is as follows: For 22 karat gold it’s Rs 7,286 per gram and 24 karat gold receptively stands at Rs 7,948 per gram.
Gold Rate In Indore Today
With 22 karat gold fetching a gold price of Rs 7,291 per gram and 24 karat gold, Rs 7,953 gold per gram, current rates in Indore are as follows:
Gold Rate In Lucknow Today
Gold price is Rs 7,301 per gram for 22 karat gold in Lucknow whereas Rs 7,963 per gram for 24 karat gold.
India has seen a profitable trend when it comes to the rates of both 22k and 24k gold. For people looking to invest a large amount of money, or looking for best returns, go-for gold as it steady in its rates over the years.
