Gold Rate Today: Slight Dip In Prices Across India for 18K, 22K, and 24K Yellow Metal | Check State-wise Price List

Gold Rate Today: Gold prices across India experienced a notable rise today, marking a shift from the slight volatility observed in the past week.

The increase comes after the precious metal saw a significant jump from yesterday, hinting at a period of renewed market momentum.

The price of 24K gold saw a notable increase of Rs 87 per gram, while 22K gold increased by Rs 80 per gram, and 18K gold rose by Rs 66 per gram compared to yesterday's rates.

Gold Rates by Purity (Per Gram)
Today, the average price for 24K gold stands at approximately Rs 11,193 per gram. For 22K gold, which is a popular choice for jewelry, the price is about Rs 10,260 per gram. Meanwhile, 18K gold, which is often used for durable goods and intricate designs, is priced at around Rs 8,395 per gram.

There are many factors that affect gold prices in India, which are determined by a mixture of many domestic and international affairs. The Indian Bullion Jewellers Association (IBJA) plays a very important role in setting the daily rates.

There are also some key influences that affect gold's value across the globe, such as when global economies face uncertainty or inflation rises, investors often turn to gold as a safe haven deposit, driving up its prices.

Gold's demand and price also depend on dollar strength, which can make gold much more expensive for buyers using other currencies.

Interest rate changes by central banks, such as the US Federal Reserve, affect the attractiveness of gold—a higher rate can make interest-bearing assets much more appealing than non-yield-bearing gold.

Domestic demand in India, particularly during festive seasons like Diwali and Akshaya Tritiya, significantly affects local prices—a rise in demand with limited supply can lead to a price increase.

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Gold Rates by Purity (Per Gram)
Today, the average price for 24K gold stands at approximately Rs 11,114 per gram. For 22K gold, which is a popular choice for jewelry, the price is about Rs 10,180 per gram. Meanwhile, 18K gold, which is often used for durable goods and intricate designs, is priced at around Rs 8,336 per gram.

City-wise Gold Rates

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Gold rates slightly differ between cities because of local taxes, transportation costs, and demand. Here is a look at rates for 10 grams of gold in some of India's major metropolitan cities:

There are many factors that affect gold prices in India, which are determined by a mixture of many domestic and international affairs. The Indian Bullion Jewellers Association (IBJA) plays a very important role in setting the daily rates.

There are also some key influences that affect gold's value across the globe, such as when global economies face uncertainty or inflation rises, investors often turn to gold as a safe haven deposit, driving up its prices.

Gold's demand and price also depend on dollar strength, which can make gold much more expensive for buyers using other currencies. Interest rate changes by central banks, such as the US Federal Reserve, affect the attractiveness of gold—a higher rate can make interest-bearing assets much more appealing than non-yield-bearing gold. Domestic demand in India, particularly during festive seasons like Diwali and Akshaya Tritiya, significantly affects local prices—a rise in demand with limited supply can lead to a price increase.