Gold Rate Today In India: While gold prices in India seem to be on the higher end with regards to the market trends as of today, the 24-carat variant is still the most sought out for because of its high purity. However, the 22-carat gold continues to attract jewelry lovers for its long-lasting and simple style which can be worn as decoration or as an investment.
Gold And Silver Rate Today
The price of gold varied based on its purity; for 24-carat, which had a price tag of 79,950 rupees for 10 grams and for 22-carat, which was sold out for 73,290 rupees. The price of silver was 94,600 rupees for every kilogram.
Today’s Gold Prices: Retail Prices as of January 15 in India’s Key Cities (Rs for 10 grams):
City | 22 Carat Gold Rate Today | 24 Carat Gold Rate Today |
Delhi | 73,440 | 80,010 |
Mumbai | 73,290 | 79,950 |
Ahmedabad | 73,340 | 80,000 |
Chennai | 73,290 | 79,950 |
Kolkata | 73,290 | 79,950 |
Pune | 73,290 | 79,950 |
Lucknow | 73,440 | 80,100 |
Bengaluru | 73,290 | 79,950 |
Jaipur | 73,440 | 80,100 |
Patna | 73,340 | 80,000 |
Bhubaneshwar | 73,290 | 79,950 |
Hyderabad | 73,290 | 79,950 |
What is The Price For One Gram Of Gold In Retail?
The price that comes after gold makes its way into the market after being mass-produced and refined is gold per gram retail price. Every day this price changes based on political happenings outside Pakistan or economic changes, as well as supply and demand.
Which Factors of Indian Economy Effect Gold Pricing?
Largely, Gold prices in Indian economy are dictated by global market prices, customs duties, taxation and changes in the exchange rate. All these factors together influence the gold rates throughout the country on a daily basis.
To the people of India Gold is more than an idol, it is an asset that they can invest upon due to its soaring valuation as well as its significance during festivals and weddings making it a cultural and financial buy.
Due to rapidly shifting conditions in the market, investors and traders closely follow shifts in trends and price laws. This is vital for understanding how to properly react to market trends.
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