Gold has long been considered a safe investment, especially during times of economic uncertainty. In India, gold is not just a valuable commodity but also a symbol of wealth and prosperity. As of November 17, 2024, the price of gold in India stands at ₹6,935 per gram for 22K gold and ₹7,565 per gram for 24K gold (also known as 999 gold). In this article, we provide the latest updates on gold prices in India, including rates for 22K, 24K, and 18K gold.
 |
| 22K gold jewelry continues to be a popular choice for investment and personal use in India, with today's price at ₹6,935 per gram |
Today's
Gold Prices in India (Per Gram)
|
22K
Gold |
₹6,935 |
|
24K
Gold |
₹7,565 |
|
18K
Gold |
₹5,674 |
These rates are sourced from reputed
jewellers across India and are indicative of the current market conditions. Note
that these prices do not include GST, TCS, and other levies. For the most
accurate prices, we recommend checking with your local jeweller.
Gold
Price Breakdown - 22K, 24K, and 18K
22K
Gold Rate Per Gram
|
1
Gram |
₹6,935 |
|
8
Grams |
₹55,480 |
|
10
Grams |
₹69,350 |
24K
Gold Rate Per Gram
|
1
Gram |
₹7,565 |
|
8
Grams |
₹60,520 |
|
10
Grams |
₹75,650 |
18K
Gold Rate Per Gram
|
1
Gram |
₹5,674 |
|
8
Grams |
₹45,392 |
|
10
Grams |
₹56,740 |
Gold
Price in Major Indian Cities (1 gram)
The price of gold can vary slightly
depending on the city due to local demand, supply, and additional charges.
Below are the gold rates in major cities for 22K, 24K, and 18K
gold:
|
City |
22K
Today (₹) |
24K
Today (₹) |
18K
Today (₹) |
|
Chennai |
₹6,935 |
₹7,565 |
₹5,720 |
|
Mumbai |
₹6,935 |
₹7,565 |
₹5,674 |
|
Delhi |
₹6,950 |
₹7,580 |
₹5,687 |
|
Kolkata |
₹6,935 |
₹7,565 |
₹5,674 |
|
Bangalore |
₹6,935 |
₹7,565 |
₹5,674 |
|
Hyderabad |
₹6,935 |
₹7,565 |
₹5,674 |
|
Kerala |
₹6,935 |
₹7,565 |
₹5,674 |
|
Pune |
₹6,935 |
₹7,565 |
₹5,674 |
|
Vadodara |
₹6,940 |
₹7,570 |
₹5,678 |
|
Ahmedabad |
₹6,940 |
₹7,570 |
₹5,678 |
Gold
Price in Major Global Cities (1 gram)
Gold prices in other countries can
also provide insight into global market trends. Below are the 22K gold
rates for major cities worldwide:
|
Country |
Price
(₹) |
|
Bahrain |
₹6,900 |
|
Kuwait |
₹6,818 |
|
Malaysia |
₹6,945 |
|
Oman |
₹7,116 |
|
Qatar |
₹7,132 |
|
Saudi Arabia |
₹6,834 |
|
Singapore |
₹6,976 |
|
UAE |
₹7,057 |
|
United States |
₹6,923 |
Similarly, 24K and 18K
gold rates are also available for global cities, but they tend to fluctuate
based on international demand and economic conditions.
Gold
Price in India Over the Last 10 Days (Per Gram)
Gold prices tend to fluctuate based
on global and domestic economic conditions. Below is a brief summary of the
gold price movement over the last 10 days:
|
Date |
22K
Price (₹) |
24K
Price (₹) |
|
Nov 16, 2024 |
₹6,935 |
₹7,565 |
|
Nov 15, 2024 |
₹6,945 |
₹7,576 |
|
Nov 14, 2024 |
₹6,935 |
₹7,565 |
|
Nov 13, 2024 |
₹7,045 |
₹7,685 |
|
Nov 12, 2024 |
₹7,085 |
₹7,729 |
|
Nov 11, 2024 |
₹7,220 |
₹7,876 |
|
Nov 10, 2024 |
₹7,275 |
₹7,936 |
|
Nov 9, 2024 |
₹7,275 |
₹7,936 |
|
Nov 8, 2024 |
₹7,285 |
₹7,947 |
|
Nov 7, 2024 |
₹7,200 |
₹7,856 |
Why
Gold Prices Matter in India
Gold has historically been a
safe-haven investment, particularly during periods of economic uncertainty and
inflation. As inflation increases, the value of fiat currency tends to erode,
making gold an attractive alternative investment. Many Indians purchase gold
not only for personal use—such as jewelry—but also as a way to safeguard their
wealth.
Additionally, the gold market in
India is highly sensitive to global events, including changes in US Federal
Reserve interest rates, global inflation trends, and geopolitical tensions.
Conclusion
As of November 17, 2024, the
price of 22K gold in India is ₹6,935 per gram, while 24K gold
is priced at ₹7,565 per gram. These rates reflect a stable market,
though fluctuations can occur based on global and domestic factors. Whether you
are looking to buy gold for investment purposes or as a precious gift, it’s
essential to keep track of the current rates.
For the most accurate and up-to-date
prices, contact your local jeweller or refer to trusted sources like Goodreturns
for daily updates on gold prices in India.