Gold Rate Today: Yellow Metal Prices Rise; Check City-wise Prices

Gold Rate Today: Gold prices in India continued their upward trend today, with all major purities showing a significant increase from yesterday's rates. The price of 24-carat gold increased by Rs 21.90 per gram, while 22-carat gold saw a rise of Rs 20 per gram. The price of 18-carat gold also went up by Rs 16 per gram, marking a notable jump for all categories.

This increase is partly driven by global economic uncertainties, with US tariffs contributing to a "safe-haven" rally for gold. While recent GST reforms in India have kept the tax rate on gold stable, they are expected to increase consumer disposable income, indirectly boosting long-term demand.

The sustained rally is also being driven by strong international market cues, including expectations of a U.S. Federal Reserve rate cut and a weak dollar. The surge in gold prices comes amid a global climate of economic uncertainty and geopolitical tensions, which has bolstered the appeal of the yellow metal as a safe-haven asset. Local demand, especially during the festive season, is also contributing to the bullish market sentiment.

Here is a city-wise breakdown of today's and yesterday's gold prices for different purities:

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The sustained rally is also being driven by strong international market cues, including expectations of a U.S. Federal Reserve rate cut and a weak dollar. The surge in gold prices comes amid a global climate of economic uncertainty and geopolitical tensions, which has bolstered the appeal of the yellow metal as a safe-haven asset. Local demand, especially during the festive season, is also contributing to the bullish market sentiment.

Here is a city-wise breakdown of today's and yesterday's gold prices for different purities:

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