Gold price in India today
India, the second-largest consumer of gold in the world after China, depends mostly on imports to satisfy its local demand, with recycled gold making up a very minor portion of the total supply. Even little changes in the rupee-dollar exchange rate have a big impact on domestic gold prices since overseas bullion transactions are valued in US dollars. Furthermore, customs charges, the Goods and Services Tax (GST), and other state-level levies impact retail values, making the final price extremely susceptible to changes in policy and exchange rates.
In India, gold has a profound cultural and emotional significance that goes beyond its monetary worth. But the gold market in India is not a standalone entity. International events, such as changes in major central banks’ policies or variations in global bond yields, have a significant impact on domestic prices. The path of bullion prices is also influenced by investor mood globally, which keeps local markets firmly in line with global trends.
Today’s Gold Rate in Bengaluru
Bengaluru’s current gold prices are Rs 9,935 per gramme for 22-karat gold and Rs 10,838 per gramme for 24-karat gold, also referred to as 999 gold.
Today’s Gold Rate in Indore
The current prices for gold in Indore are Rs 10,843 per gramme for 24-karat gold (often referred to as 999 gold) and Rs 9,940 per gramme for 22-karat gold.
Today’s Gold Rate in Lucknow
The current prices for gold in Lucknow are Rs 10,853 per gramme for 24-karat gold (often referred to as 999 gold) and Rs 9,950 per gramme for 22-karat gold.
Mumbai’s current gold rate
The current prices for gold in Mumbai are Rs 10,838 per gramme for 24-karat gold (often referred to as 999 gold) and Rs 9,935 per gramme for 22-karat gold.
Pune’s Current Gold Rate
Currently, 22-karat gold costs Rs 9,935 per gramme in Pune, while 24-karat gold, also referred to as 999 gold, costs Rs 10,838 per gramme.
Chennai’s Current Gold Rate
The current prices for gold in Chennai are Rs 10,877 per gramme for 24-karat gold (often referred to as 999 gold) and Rs 9,970 per gramme for 22-karat gold.
Kolkata’s Current Gold Rate
The current prices for gold in Kolkata are Rs 10,838 per gramme for 24-karat gold (often referred to as 999 gold) and Rs 9,935 per gramme for 22-karat gold.
Today’s Gold Rate in Ahmedabad
The current prices for gold in Ahmedabad are Rs 10,841 per gramme for 24-karat gold (often referred to as 999 gold) and Rs 9,940 per gramme for 22-karat gold.
Hyderabad’s Current Gold Rate
Hyderabad’s current gold prices are Rs 9,935 per gramme for 22-karat gold and Rs 10,838 per gramme for 24-karat gold, also referred to as 999 gold.
Gold is a popular asset for people looking to preserve their wealth over the long term and find financial stability in the face of persistent market volatility and economic uncertainty.
