Gold Prices in India Reach Record-High Levels Amid Economic Uncertainty

Gold prices in India have been experiencing volatility in recent times, largely due to rising economic uncertainty. According to GoodReturns, gold prices in India have steadily increased, resulting in all purities of the yellow metal reaching record-high levels, with a nearly 4% increase. The upcoming festive season in India is expected to drive demand for gold and silver jewellery, leading to price increases. As of September 15, the price of gold in India stands at Rs 11,117 per gram for 24 karat gold, Rs 10,190 per gram for 22 karat gold, and Rs 8,337 per gram for 18 karat gold.

Key Takeaways:

• The price of 24-carat gold in India is Rs 11,117 per gram, while 22-carat gold is priced at Rs 10,190 per gram, and 18-carat gold is priced at Rs 8,337 per gram.
• The upcoming festive season in India is expected to drive demand for gold and silver jewellery, leading to price increases.
• GoodReturns reports a nearly 4% increase in gold prices in India, with all purities of the yellow metal reaching record-high levels.
• The prices of gold in India are as follows: Rs 88,936 for 100 grams of 24-carat gold, Rs 81,520 for 100 grams of 22-carat gold, and Rs 66,696 for 100 grams of 18-carat gold.
• The prices of gold in major Indian cities are as follows: Chennai (Rs 11,138 per gram), Mumbai (Rs 11,117 per gram), Delhi (Rs 11,130 per gram), and so on.

Statistics:

• Rs 11,117: Price of 24-karat gold per gram in India.
• Rs 10,190: Price of 22-karat gold per gram in India.
• Rs 8,337: Price of 18-karat gold per gram in India.
• Rs 88,936: Price of 100 grams of 24-karat gold in India.
• Rs 81,520: Price of 100 grams of 22-karat gold in India.
• Rs 66,696: Price of 100 grams of 18-karat gold in India.
• 4%: Increase in gold prices in India according to GoodReturns.
• September 15: Date of the gold prices as reported by GoodReturns.

Sources:

• GoodReturns
• IE Online Media Services Pvt. Ltd.