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| The latest gold prices in India on December 11, 2024, showcasing the rates for 22K, 24K, and 18K gold in various cities |
Gold has always been a safe haven for investors, especially in times of inflation. On December 11, 2024, the gold prices in India saw an upward movement, making it a significant day for gold enthusiasts and investors alike.
Today’s Gold Price Update (11th
December 2024)
|
Gold Type |
Price per Gram
(INR) |
Change from
Yesterday |
|
22K
Gold |
₹7,285 |
+ ₹80 |
|
24K
Gold |
₹7,947 |
+ ₹87 |
|
18K
Gold |
₹5,961 |
+ ₹66 |
Gold
Price Trends in India
The price of gold in India
fluctuates every day based on various factors, including international market
trends, demand, and currency exchange rates. Let’s take a look at the gold
prices across different karat grades and compare them with yesterday's rates.
Gold
Price in Major Indian Cities on December 11, 2024
Gold prices vary from city to city
due to local taxes and demand. Here are the prices for 22K and 24K gold in
major Indian cities today:
|
City |
22K Gold (INR) |
24K Gold (INR) |
18K Gold (INR) |
|
Chennai |
₹7,285 |
₹7,947 |
₹6,015 |
|
Mumbai |
₹7,285 |
₹7,947 |
₹5,961 |
|
Delhi |
₹7,300 |
₹7,962 |
₹5,973 |
|
Kolkata |
₹7,285 |
₹7,947 |
₹5,961 |
|
Bangalore |
₹7,285 |
₹7,947 |
₹5,961 |
|
Hyderabad |
₹7,285 |
₹7,947 |
₹5,961 |
|
Kerala |
₹7,285 |
₹7,947 |
₹5,961 |
|
Pune |
₹7,285 |
₹7,947 |
₹5,961 |
|
Vadodara |
₹7,290 |
₹7,952 |
₹5,965 |
|
Ahmedabad |
₹7,290 |
₹7,952 |
₹5,965 |
Global
Gold Prices on 11th December 2024
Here’s a comparison of the current
gold prices in various countries across the world. This can help you understand
how gold prices in India stand in comparison to global markets.
|
Country |
22K Gold Price
(INR) |
24K Gold Price
(INR) |
18K Gold Price
(INR) |
|
Bahrain |
₹6,747 |
₹7,174 |
₹5,510 |
|
Kuwait |
₹6,781 |
₹7,432 |
₹5,545 |
|
Malaysia |
₹6,960 |
₹7,247 |
₹5,694 |
|
Oman |
₹7,107 |
₹7,569 |
₹5,818 |
|
Qatar |
₹7,121 |
₹7,621 |
₹5,827 |
|
Saudi
Arabia |
₹6,976 |
₹7,518 |
₹5,707 |
|
Singapore |
₹6,869 |
₹7,622 |
₹5,623 |
|
UAE
(Dubai) |
₹6,999 |
₹7,559 |
₹5,809 |
|
United
States |
₹6,618 |
₹7,042 |
₹5,413 |
|
England |
₹6,742 |
₹7,356 |
₹5,514 |
22K,
24K, and 18K Gold Price in India Over the Last 10 Days
Let’s look at the trend of gold
prices over the last 10 days to help you track how gold is performing in the
market.
|
Date |
22K Gold (INR) |
24K Gold (INR) |
|
Dec
11, 2024 |
₹7,285 (+80) |
₹7,947 (+87) |
|
Dec
10, 2024 |
₹7,205 (+75) |
₹7,860 (+82) |
|
Dec
9, 2024 |
₹7,130 (+15) |
₹7,778 (+16) |
|
Dec
8, 2024 |
₹7,115 (0) |
₹7,762 (0) |
|
Dec
7, 2024 |
₹7,115 (0) |
₹7,762 (0) |
|
Dec
6, 2024 |
₹7,115 (-25) |
₹7,762 (-27) |
|
Dec
5, 2024 |
₹7,140 (+10) |
₹7,789 (+11) |
|
Dec
4, 2024 |
₹7,130 (0) |
₹7,778 (0) |
|
Dec
3, 2024 |
₹7,130 (+40) |
₹7,778 (+43) |
|
Dec
2, 2024 |
₹7,090 (-60) |
₹7,735 (-65) |
Why
Are Gold Prices Rising?
The recent rise in gold prices can
be attributed to several factors, including:
- Global Economic Uncertainty: Investors tend to flock towards gold in times of
economic instability, driving up demand.
- Inflation Hedge:
Gold is traditionally seen as a hedge against inflation, which is a major
factor in today’s rising prices.
- Currency Depreciation:
Fluctuations in the value of the Indian Rupee can also contribute to
changes in gold prices.
Conclusion
As of today, gold prices in India
have seen a positive shift. If you're looking to buy gold in India, it’s a good
time to invest in 22K, 24K, or 18K gold, given the ongoing upward trend. Always
remember to check the latest prices and consult with local jewellers, as these
prices can vary slightly based on location and taxes.
For more updates and detailed trends
on gold prices in India, stay tuned with us. Keep an eye on the market
for the best investment opportunities in the gold sector.