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Gold Prices in India Today: 24K, 22K, and 18K Gold Rates Increase Amidst Festive Season

Strategic Insights

— 1 min read

Gold prices in India have seen an increase today, with 24-karat gold pricing at Rs11,488 per gram, 22-karat gold pricing at Rs10,530 per gram, and 18-karat gold pricing at Rs8,616 per gram. The 24-karat gold rate has increased by Rs44 per gram, the 22-karat gold rate has increased by Rs40 per gram, and the 18-karat gold rate has increased by Rs33 per gram compared to the previous rates. The upcoming festive season in India is expected to drive demand for gold and silver jewelry, leading to price increases.

Key Takeaways:

  • The price of 24-karat gold in India today is Rs11,488 per gram, a Rs44 per gram increase from the previous rate.
  • The price of 22-karat gold in India today is Rs10,530 per gram, a Rs40 per gram increase from the previous rate.
  • The price of 18-karat gold in India today is Rs8,616 per gram, a Rs33 per gram increase from the previous rate.
  • The increase in gold prices is expected to drive demand for gold and silver jewelry during the upcoming festive season in India.
  • The prices of gold in major Indian cities include Chennai (Rs11,509 per gram for 24-karat gold), Mumbai (Rs11,488 per gram for 24-karat gold), Delhi (Rs11,503 per gram for 24-karat gold), and others.

Statistics:

  • 24-karat gold rate in India today: Rs11,488 per gram
  • 22-karat gold rate in India today: Rs10,530 per gram
  • 18-karat gold rate in India today: Rs8,616 per gram
  • Change in 24-karat gold rate: Rs44 per gram
  • Change in 22-karat gold rate: Rs40 per gram
  • Change in 18-karat gold rate: Rs33 per gram
  • Increase in gold demand during festive season: expected

Sources:

  • GoodReturns
  • IE Online Media Services Pvt. Ltd. (distributed by Contify.com)

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