Gold Prices in India Today: Historic Highs on October 8

Strategic Insights -

Gold prices in India saw historic highs at the start of October due to increased demand for safe-haven assets and festive seasonal demand. The prices of gold in major Indian cities have seen a consistent upward trend. 24 karat gold is the most expensive and is commonly used for investment purposes, while 22 karat and 18 karat gold are primarily used for jewelry.

Key Takeaways:

  • Gold rates in India have reached historic highs, with 24K gold priced at Rs 12,415 per gram, 22K gold at Rs 11,380 per gram, and 18K gold at Rs 9,311 per gram.
  • The prices of 24K, 22K, and 18K gold have seen a consistent upward trend, with increases of Rs 22, Rs 20, and Rs 16 per gram respectively.
  • The gold rate has increased due to increased demand for safe-haven assets and festive seasonal demand in India.
  • The prices of gold in major Indian cities are: Chennai (Rs 12,437), Mumbai (Rs 12,415), Delhi (Rs 12,430), Kolkata (Rs 12,415), Bangalore (Rs 12,415), Hyderabad (Rs 12,415), Kerala (Rs 12,415), Pune (Rs 12,415), Ahmedabad (Rs 12,420), Jaipur (Rs 12,430), Lucknow (Rs 12,430), Patna (Rs 12,420), Nagpur (Rs 12,415), Chandigarh (Rs 12,430), Surat (Rs 12,420), Gurgaon (Rs 12,430), Ghaziabad (Rs 12,430), and Noida (Rs 12,430).
  • 24K gold rate per 100 grams is Rs 12,41,500, 22K gold rate per 100 grams is Rs 11,38,000, and 18K gold rate per 100 grams is Rs 9,31,100.
  • The rates of gold in major Indian cities have seen a consistent upward trend due to increased demand and market fluctuations.

Statistics:

  • 24K gold rate in India today: Rs 12,415 per gram
  • 22K gold rate in India today: Rs 11,380 per gram
  • 18K gold rate in India today: Rs 9,311 per gram
  • 24K gold rate increase: Rs 22
  • 22K gold rate increase: Rs 20
  • 18K gold rate increase: Rs 16
  • 24K gold rate per 100 grams: Rs 12,41,500
  • 22K gold rate per 100 grams: Rs 11,38,000
  • 18K gold rate per 100 grams: Rs 9,31,100

Sources:

  • Gold Rate Today in India (24K, 22K, 18K) per gram
  • Gold Price Today in Major Indian Cities (Per Gram)
  • Gold Rate in India Today:

- 24K Gold Rate Per Gram in India (INR):

- Source: GoodReturns

- 22 Carat Gold Rate Per Gram in India (INR):

- Source: GoodReturns

- 18 Carat Gold Rate Per Gram in India (INR):

- Source: GoodReturns