22-24 Carat Gold
Gold has always been a popular investment option in India. Whether it’s for weddings, festivals, or simply as a store of value, gold holds a special place in the hearts of Indians. If you’re looking to invest in gold or simply want to stay updated with the latest gold rates, this article will provide you with the current 22-24 Carat Gold rates in India.
What is 22 Carat Gold?
22-carat gold is an alloy made up of 91.67% pure gold and 8.33% other metals such as copper or silver. This type of gold is commonly used for making jewelry due to its durability and affordability. The 22-carat gold rate in India is determined by various factors such as international gold prices, import duties, and taxes.
What is 24 Carat Gold?
24-carat gold is considered the purest form of gold, with a purity level of 99.9%. It does not contain any other metals or alloys. Due to its high purity, 24-carat gold is often used for making coins, bars, and high-end jewelry. The 24-carat gold rate in India is usually higher than the rate for 22-carat gold due to its purity.
Current Gold Rates in India
The gold rates in India are subject to change daily due to various factors such as international market trends, currency exchange rates, and government policies. It’s important to stay updated with the latest gold rates before making any investment decisions.
As of today, the Current Gold Rate in India for 22-carat gold is Rs. 6038 per gram, while the rate for 24-carat gold is Rs. 6587 per gram. Please note that these rates are indicative and may vary slightly depending on the city and the jeweler.
Today 22 Carat Gold Price Per Gram in India (INR)
| Gram | 22K Today | 22K Yesterday |
| 1 gram | ₹ 6,038 | ₹ 6,059 |
| 8 gram | ₹ 48,304 | ₹ 48,472 |
| 10 gram | ₹ 60,380 | ₹ 60,590 |
| 100 gram | ₹ 6,03,800 | ₹ 6,05,900 |
Today 24 Carat Gold Price Per Gram in India (INR)
| Gram | 24K Today | 24K Yesterday |
| 1 gram | ₹ 6,587 | ₹ 6,610 |
| 8 gram | ₹ 52,696 | ₹ 52,880 |
| 10 gram | ₹ 65,870 | ₹ 66,100 |
| 100 gram | ₹ 6,58,700 | ₹ 6,61,000 |
Today 18 Carat Gold Price Per Gram in India (INR)
| Gram | 18K Today | 18K Yesterday |
| 1 gram | ₹ 4,940 | ₹ 4,957 |
| 8 gram | ₹ 39,520 | ₹ 39,656 |
| 10 gram | ₹ 49,400 | ₹ 49,570 |
| 100 gram | ₹ 4,94,000 | ₹ 4,95,700 |
Factors Affecting Gold Rates in India
Several factors influence the gold rates in India:
- International Market Trends: The global demand and supply of gold play a significant role in determining its price. Any fluctuations in the international gold market can impact the gold rates in India.
- Exchange Rates: Since gold is traded in US dollars globally, any changes in the exchange rates between the US dollar and the Indian rupee can affect the gold rates in India.
- Government Policies: Government policies such as import duties, taxes, and regulations on gold can influence its prices in the domestic market.
- Inflation and Economic Conditions: Inflation and economic conditions also play a role in determining the gold rates. During times of economic uncertainty, investors tend to flock towards gold as a safe-haven asset, which can drive up its prices.
Where to Check Gold Rates in India?
There are several reliable sources where you can check the gold rates in India:
- Online Gold Rate Portals: Many websites and mobile applications provide real-time gold rates in India. These portals source their data from trusted sources and provide accurate information.
- Newspapers: Leading newspapers in India publish daily gold rates in their financial sections. This can be a convenient way to stay updated with the latest gold rates.
- Jewelers: Local jewelers often display the current gold rates in their stores. You can visit a nearby jeweler to inquire about the prevailing rates.
Remember, it’s essential to cross-check the gold rates from multiple sources to ensure you’re getting accurate information.
Conclusion
Gold rates in India fluctuate regularly and are influenced by various factors. Whether you’re planning to buy gold jewelry or invest in gold, it’s crucial to stay updated with the latest gold rates. By understanding the difference between 22-24 Carat Gold and keeping an eye on the factors affecting gold rates, you can make informed decisions and get the best value for your investment.
