Gold Rate Today: Yellow Metal Prices Climb Higher Across India, Adding to Yesterday's Gains

Gold Rate Today: Gold prices in India continued their upward trend on Friday, marking another day of gains for the precious metal. The price of 24-karat gold climbed by Rs 44 per gram from yesterday, while 22-karat gold rose by Rs 40 per gram and 18-karat gold increased by Rs 33 per gram, reflecting strong positive momentum in the market.

According to the latest figures, the new rate for 24-karat gold in the capital is approximately Rs 11,503 per gram. Following the increase, 22-karat gold is trading at around Rs 10,545 per gram, and 18-karat gold is now priced at about Rs 8,631 per gram.

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This moderate but firm increase is being observed across the country's major metropolitan areas. Here's a quick look at how the per-gram prices are stacking up in other key cities for 24-karat gold:

Chennai continues to see some of the highest rates, with the price at Rs 11,509 per gram. Mumbai, Kolkata, Bangalore, and Hyderabad are all reporting similar prices at Rs 11,488 per gram.

In Ahmedabad and Vadodara, gold is trading slightly higher at Rs 11,493 per gram.

Market analysts attribute the steady rise to a combination of firm international market movements and consistent domestic demand.

With the wedding and festival season on the horizon, jewelers are preparing for an uptick in sales, which could further support the current price levels.

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For consumers, this means the cost of purchasing gold has increased compared to earlier in the week. Investors continue to watch the market closely, as gold solidifies its position as a preferred safe-haven asset.