In today’s time, gold is not only the pride of jewelry, but it has also become the most favorite means of investment. Buying gold on every festival, marriage or special occasion in India has become a tradition. People Your property And Future security Let’s see
This is the reason why everyone wants to know that Today’s gold price (Gold Rate Today). Gold prices vary daily, so it is very important to have the right information. In today, people check the latest gold price on the Internet itself.
Gold prices are up and down for many reasons-like International market changes, Dollar-Rupaya Rate, Demand And SupplyAnd Government policiesIn this article today, we will know what the rate of gold is going on today, why the price of gold fluctuates, and how beneficial gold is for investment. Also, we will give you information about today’s fresh gold rates through an easy table.
Gold rate today
| Category | Today’s rate (per gram) |
| 24 carat gold | ₹ 9,791 |
| 22 carat gold | ₹ 8,975 |
| 18 carat gold | ₹ 7,344 |
| 10 grams (24k) | ₹ 97,910 |
| 10 grams (22k) | ₹ 89,750 |
| 10 grams (18k) | ₹ 73,440 |
| 100 grams (24k) | ₹ 9,79,100 |
| 100 grams (22k) | ₹ 8,97,500 |
Due to change in gold prices
- International market changes: Gold prices are fixed according to the global market. If gold is expensive in the international market, then the rate in India also increases.
- Dollar-Rupaya Exchange Rate: When the rupee is weak, gold becomes expensive, because gold imports in dollars.
- Demand and Supply: The demand for gold increases during festivals, weddings or any economic uncertainty, which leads to the rate.
- Government policies and taxes: Gold becomes expensive if the government increases import duty or tax.
- Inflation: When inflation increases, people invest in gold, which increases its price.
Importance of gold in India
- Marriage is the main part of dowry and jewelery.
- Buying gold on festivals like Akshaya Tritiya, Dhanteras is considered auspicious.
- People buy gold coins, biscuits, and gold bonds as investment.
- During the economic crisis, people meet the needs by selling gold or by mortgaging.
Ways to invest in gold
- Physical Gold: Jewelry, coins, biscuits
- Gold ETF: Buying digital gold through stock market
- Soveren Gold Bond: Bonde
- Digital Gold: Buying gold in small parts on the online platform
Today’s gold rates according to different carats
| Carat | 1 gram rate | Rate of 10 grams | Rate of 100 grams |
| 24K | ₹ 9,791 | ₹ 97,910 | ₹ 9,79,100 |
| 22k | ₹ 8,975 | ₹ 89,750 | ₹ 8,97,500 |
| 18 k | ₹ 7,344 | ₹ 73,440 | ₹ 7,34,400 |
Trend of last few days
| date | 24K per gram | 22k per gram | 18k per gram |
| 30 April | ₹ 9,791 | ₹ 8,975 | ₹ 7,344 |
| 29 April | ₹ 9,797 | ₹ 8,980 | ₹ 7,348 |
| 28 April | ₹ 9,804 | ₹ 8,985 | ₹ 7,352 |
| 27 April | ₹ 9,812 | ₹ 8,990 | ₹ 7,356 |
| 26 April | ₹ 9,820 | ₹ 8,995 | ₹ 7,360 |
How are the gold rates fixed?
- International Gold Price: Gold prices are fixed in international markets such as London Bullion Market, New York Commodity Exchange.
- Import duty: Gold is imported from outside in India, so import duty affects the rate directly.
- Making Charge: The designing and making charge of jewelry is added separately.
- GST: The GST fixed by the government also connects at the final rate.
Benefits of investment in gold
- Protection from inflation: Gold saves the value of your property at the time of inflation.
- Liquidity: Gold can be sold or mortgaged at any time.
- Diversification: Adding gold to the portfolio reduces the risk.
- Long period returns: Gold has always given good returns in the long term.
Loss of investment in gold
- No interest: There is no interest or dividend on gold.
- Storage expenses: It costs to keep physical gold safe.
- Price fluctuations: Gold prices in short term vary a lot.
- Making Charge and Tax: Making charge and tax have to be paid on jewelry.
Today’s gold rate in major cities of India
| City | 24k per 10 grams | 22k per 10 grams |
| Delhi | ₹ 97,910 | ₹ 89,750 |
| Mumbai | ₹ 97,900 | ₹ 89,740 |
| Kolkata | ₹ 97,880 | ₹ 89,730 |
| Chennai | ₹ 98,000 | ₹ 89,850 |
| Bengaluru | ₹ 97,920 | ₹ 89,760 |
Noted things when buying gold
- Always buy only BIS hallmark jewelry.
- Take complete information about making charge and tax.
- Do take a bill.
- Compare the rate to different jewelers.
Future and guess of gold
According to experts, the demand for gold will remain in the coming time. Gold prices may be strengthened due to economic uncertainty, rising inflation and investors’ interest. However, it may cause fluctuations in the short term, but in the long period it is a good investment option.
conclusion
It is necessary for every person who wants to buy or sell gold. Gold prices depend on many factors, and it changes daily. Gold has always been a safe and reliable option in terms of investment. If you are thinking of buying gold, then take complete information about the latest rate, purity, and tax.
Disclaimer: This article is written only for the purpose of information. Gold prices vary daily and it is normal to come up and down. Before investing, consult your financial advisor. The rates given here do not include tax, making charge etc., and they can be different in different cities.
Gold rates are completely real, but may change daily. Always check for fresh rate and purity before shopping.
