TODAY GOLD PRICE: The majority of Indians put their money in gold since it is seen as a highly good and secure investment. But we need to learn everything there is to know about anything before we invest our money in it. Therefore, in today's post, you will learn the current gold price (Today Gold Price) and how much gold costs in India's major cities. So that you can learn everything there is to know about investing in gold if you are considering doing so as well.
If you do not have the correct information about the price of gold, then you may suffer a loss while buying gold, so read this post till the end because the price of gold keeps increasing and decreasing day by day in India, hence, you will get the correct information about the price of gold. It must be th7iere. Sometimes gold is cheap in the country and sometimes it is expensive, people rejoice when gold becomes cheap.
In this post you will get updates about the price of gold every day. What is the price of gold in India today (Today Gold Price) has also been updated.
In India, 18 carat, 22 carat and 24 carat gold is available, 22 carat gold is 91% pure and the remaining 9% has copper and zinc mixed together. Whereas 24 carat gold has purity of 99.9%, 24 carat gold is also more expensive in price.
18 Carat Gold Price Today
Today, on October 22, 2023, the price of 18 carat gold in New Delhi, India is ₹ 43,350 (per 10 grams).
| PRICE | 18 CARAT GOLD IN GRAMS TODAY |
|---|---|
| 1 gram | ₹4,335 |
| 10 grams | ₹43,350 |
| 100 grams | ₹4,33,500 |
22 Carat Gold Price Today
Today, on October 22, the price of 22 carat gold in New Delhi, India is ₹ 53,650 (per 10 grams).
| PRICE | 22 CARAT GOLD PRICE TODAY |
|---|---|
| 1 gram | ₹5,365 |
| 8 grams | ₹42,920 |
| 10 grams | ₹53,650 |
| 100 Grams | ₹5,36,500 |
24 Carat Gold Price Today
Today, on 22 October 2023, the price of 24 carat gold in New Delhi, India is ₹ 58,530 (per 10 grams).
| PRICE | 24 CARAT GOLD PRICE TODAY |
|---|---|
| 1 gram | ₹5,853 |
| 8 grams | ₹46,824 |
| 10 grams | ₹61,070 |
| 100 Grams | ₹5,85,300 |
What is the price of gold in your city
According to GoodReturns.in, Below is the information about what is the price of 24 carat and 22 carat gold in the main cities of India today on 22th October.
| City | 22 Carat Gold (per 10 grams) | 24 Carat Gold (per 10 grams) |
|---|---|---|
| Mumbai | ₹ 54,000 | ₹ 58,910 |
| Delhi | ₹ 54,150 | ₹ 59,060 |
| Kolkata | ₹ 54,000 | ₹ 58,910 |
| Bangalore | ₹ 54,000 | ₹ 58,910 |
| Chennai | ₹ 54,150 | ₹ 59,060 |
| Hyderabad | ₹ 54,000 | ₹ 58,910 |
| Pune | ₹ 54,000 | ₹ 58,910 |
| Ahmedabad | ₹ 54,000 | ₹ 58,910 |
| Jaipur | ₹ 54,150 | ₹ 59,060 |
| Lucknow | ₹ 54,000 | ₹ 58,910 |
| Surat | ₹ 54,000 | ₹ 58,910 |
| Nagpur | ₹ 54,000 | ₹ 58,910 |
| Gurgaon | ₹53,800 | ₹58,68011 |
Gold price in other countries
Apart from India, there is demand for gold in many other countries too, hence below we have discussed what is the price of gold in other countries? Have written about it.
| Country | 22 Carat Gold (per 10 grams) | 24 Carat Gold (per 10 grams) |
|---|---|---|
| Kuwait | ₹49,770 | ₹50,390 |
| Singapore | ₹49,850 | ₹53,201 |
| Dubai | ₹46,568 | ₹50,307 |
| United States | ₹47,017 | ₹50,761 |
| Doha | ₹48,613 | ₹51,466 |
| Qatar | ₹48,613 | ₹51,466 |
| Muscat | ₹48,630 | ₹50,792 |
| Oman | ₹48,613 | ₹53,017 |
How does the price of gold change in India?
Gold is a financial asset whose price keeps changing, sometimes the price of gold decreases and sometimes its price increases. Let us also tell you that gold is considered a very good investment option in India as well as in the whole world, due to which it is in demand all over the world. The biggest contribution in determining the price of gold is its demand, but apart from demand, there are many other things due to which the price of gold is decided.
When there is less supply and more demand for gold, its prices increase, similarly if demand decreases and supply increases then its prices fall. Like – We all know that the demand for gold increases during festival and wedding season in India and at that time the price of gold is increased the most.
Apart from demand, other reasons for increase in gold prices are written below.
- Inflation: Whenever inflation increases in any country, the value of the currency of that country decreases due to which people prefer to keep their money in gold. In such a situation the price of gold increases.
- Interest Rate: Whenever banks increase the interest rates on any investment, people sell their gold and invest their money in the bank to get more interest. In such a situation, the price of gold falls and when the bank reduces the interest then people invest more in gold.
- Reserve Account: Governments of every country have a reserve, in which a large share of gold is held. If any government sells gold from that reserve and its demand increases, then gold prices increase. However, at present the Indian government has maintained its gold reserves at the right limit.
So these are some of the main reasons due to which gold prices rise and fall.
How to buy gold?
In today's modern times, it is very easy to buy gold, if you want to buy physical gold then you can easily buy it by going to any goldsmith shop near you.
Apart from this, if you want to buy digital gold, then there are many platforms for this like – Zerodha and Groww. If you want to keep gold with you then you should go to the goldsmith's shop and buy it.
You will get physical gold in the form of gold coins, gold bars, gold jewellery, and if you are buying gold from a shop, then definitely take its gold certificate along with you.
FAQ's on Today Gold Price
What is the price of gold in Ludhiana today?
Today the price of 24 karat gold in Ludhiana is ₹58,350 per 10 grams.
What is the price of gold in Madhya Pradesh today?
Today the price of 24 carat gold in Madhya Pradesh is ₹ 58,250 per 10 grams.
What is the price of gold in Srinagar today?
Today the price of 24 karat gold in Srinagar is ₹56,910 per 10 grams.
What is the price of gold in Bihar today?
Today the price of 24 carat gold in Bihar is ₹ 59,480 per 10 grams.
What is the price of gold in Banaras today?
Today the price of 24 carat gold in Banaras is ₹ 58,350 per 10 grams.
What is the price of gold in Karnal today?
Today 24 karat gold price in Karnal is ₹58,270 per 10 grams.
What is the price of gold in Haridwar today?
Today the price of 24 carat gold in Haridwar is ₹58,280 per 10 grams.
What is the price of gold in Bhilai today?
Today 24 karat gold price in Bhilai is ₹58,240 per 10 grams.
What is the price of gold in Ambala today?
Today 24 karat gold price in Ambala is ₹58,270 per 10 grams.
What is the price of gold in Sonipat today?
Today 24 karat gold price in Sonipat is ₹58,270 per 10 grams.