Gold
You people don’t know about the Gold, but I want to tell you that Gold is one of the valuable assets and never its price will come done. Always the price of Gold is increasing. From the few months the price is gold continuously increasing and on Wednesday its reached at lifetime high.
India is the world’s second-largest gold consumer, after China. Most of the gold demand is met through imports and local recycling of domestic bullion. Domestic gold prices are influenced not only by international gold prices (denominated in dollars) but also by import duties and other taxes. Gold is often considered a hedge against inflation, but its prices are also affected by bond yields and the dollar’s value. Below are the latest gold prices in major Indian cities.
Gold has long been a reliable asset for protecting against inflation, making it a popular choice among investors. With its increasing importance, staying informed about current gold prices is essential for making smart investment or purchasing decisions. Good returns (OneIndia Money) provide up-to-date information on gold prices sourced from trusted jewelers across India.
Gold rates Today in India
24 carat Gold Rate (10 Grams)
₹ 82273
22 carat Gold Rate (10 Grams)
₹ 75433
Gold Price Metro Cities Wise (24 Caret)
Delhi ₹82273/10 Grams
Mumbai ₹ 82127/10 Grams
Pune ₹82133/10 Grams
Bangalore ₹82115/10 Grams
Chennai ₹82121/10 Grams
Kolkata ₹82125/10 Grams
Gold Price Metro Cities Wise (22 Caret)
Delhi ₹75433/10 Grams
Mumbai ₹ 75287/10 Grams
Pune ₹75293/10 Grams
Bangalore ₹75275/10 Grams
Chennai ₹75281/10 Grams
Kolkata ₹75285/10 Grams
India is the world’s second-largest gold consumer, after China. Most of the gold demand is met through imports and local recycling of domestic bullion. Domestic gold prices are influenced not only by international gold prices (denominated in dollars) but also by import duties and other taxes. Gold is often considered a hedge against inflation, but its prices are also affected by bond yields and the dollar’s value. Below are the latest gold prices in major Indian cities.
Gold has long been a reliable asset for protecting against inflation, making it a popular choice among investors. With its increasing importance, staying informed about current gold prices is essential for making smart investment or purchasing decisions. Good returns (OneIndia Money) provides up-to-date information on gold prices sourced from trusted jewelers across India.
Gold is a precious metal and a popular investment option. Its prices in India change according to market conditions and are closely watched during trading.
There are two types of gold available in India: 24K and 22K. 24K gold is the purest form, with 99.99% purity, but it is too soft for making jewellery. 22K gold contains 22 parts gold and 2 parts other metals like copper or zinc, making it suitable for jewellery.
India is the largest gold importer, bringing in 800-900 tonnes annually to meet jewellery industry demand. Gold prices are influenced by factors like currency exchange rates, global events, and interest rates. For example, if the Indian rupee weakens against the US dollar, gold prices rise. International factors, such as economic growth, unstable policies, and interest rate changes, also play a role.
Within India, gold prices vary based on demand, state taxes, octroi, and other charges. Gold can be purchased as bars, coins, or jewellery. Investment options include physical gold, exchange-traded funds (ETFs), and sovereign gold bonds.
Currently, India has a 10% import duty on gold, which the central government adjusts as needed to manage imports. Gold is considered a safe investment and a good hedge against inflation. During geopolitical uncertainties, many turn to gold as a secure option.
In India, gold is certified by the Bureau of Indian Standards (BIS) through hallmarking. This guarantees purity and protects buyers from adulterated gold.
Excellent prices !!!!!