Gold Rate in India Today Check Gold Price Today 02 December 2022: In our country, gold is considered the most extensive ornament of adornment. In India, without gold, decoration seems incomplete because gold is used to make jewellery, and with time, the price of gold increases. Due to the value of gold, there is always demand in India, so you should know the price of gold and the rate of gold every day.
Gold is a commodity that has been traditionally used in India for centuries to make jewellery for girls in marriages, so the familiar person usually buys gold for this purpose. Still, according to experts, gold is a valuable asset. Being a commodity, it is also a good investment option. Because its rate always increases with time.
Therefore, if you also want to buy gold or want to invest in gold, you should keep watching the rate of gold and the price of gold every day, so let’s know today’s price of gold.
Gold Price Today Delhi, India Chart
What is the rate of gold today? This question depends on the purity of gold, and according to the purity of gold, it will be priced accordingly. How pure gold is or the quality of gold is measured in carats, and gold is considered 100% pure when it is 24 carats. With 99.9% pure gold, it is the most expensive gold.
|Weight||22 Carat Gold Price Today||24 Carat Gold Price Today|
Now let’s talk about 22-carat gold, in which 91.7% of pure gold and metals like copper and zinc are used; 22-carat gold is best suited for gold jewellery in India as 22-carat gold is refined. The gold content is 91.7%, due to which it is cheaper than 24-carat gold.
Gold Rates Across Major Indian Cities
The gold rates that we told you above will change from city to city, and the price of gold is different in all cities. Let’s know the 22 Karat and 24 Karat gold rates in your town.
|City||22 Carat Gold
|24 Carat Gold
22ct and 24ct Gold rates in India for the last six months
There are always ups and downs in the price of gold. Only then it is expensive, sometimes it is cheap, so now we will talk about the rates of 22 Karat and 24 Karat in India in the last six months:
|Month||Date||22 Carat Gold Rate||24 Carat Gold Rate|
|March 2022||Mar 1, 2022||₹46,700||₹50,950|
|Mar 31, 2022||₹47,650||₹51,980|
|February 2022||Feb 1, 2022||₹44,900||₹48,980|
|Feb 28, 2022||₹47,000||₹51,280|
|January 2022||Jan 1, 2022||₹47,150||₹49,150|
|Jan 31, 2022||₹44,900||₹48,990|
|December 2021||Dec 1, 2021||₹47,120||₹48,120|
|Dec 31, 2021||₹47,010||₹49,010|
|November 2021||Nov 1, 2021||₹46,740||₹47,740|
|Nov 30, 2021||₹47,120||₹48,120|
|October 2021||Oct 1, 2021||₹45,470||₹46,470|
|Oct 31, 2021||₹46,740||₹47,740|
Why is the 22K Gold Rate Lower Than 24K?
24-carat gold is pure gold in which no adulteration of any metals is done, unlike 22-Karat gold is not hygienic because a little bit of metal is mixed in it. That is why 24 Karat gold is costlier than 22-carat gold.
One tola gold contains 10 grams of gold, and the price of 24 carats and 22 carats of one tola gold is different because the net amount of gold in both is different. Wherever you live in India, you can buy gold from a gold shop or buy it online.
Why are Gold Prices Rising? A surge in Gold Rates
There is not only one reason behind gold being expensive, and it can be costly due to many things, some of which are also –
The war between Russia and Ukraine has been over for more than one month, and due to this war between them, there has been a massive jump in the prices of gold. Within a month, gold has increased from Rs 47 thousand to above 53 thousand. Is.
And as this war is rising, in the same way, the prices of gold are also increasing, due to which people have started fearing an economic crisis. That is why due to the ever-increasing war between Ukraine and Russia, gold prices are rising. There is a continuous increase in the price.
Stimulus Plan Announced by the European Union
The recovery package of 750 billion euros announced by the European Union in the last few days has also strengthened the gold rate. But now, all eyes are on America, whose work makers also want to prepare a plan for economic recovery.
Weakening Rupee Against the Dollar
Inflation in the market is not taking the name of decreasing, but due to the increase in inflation, it is increasing. The government claims to make efforts to reduce inflation, and another new reason for rising inflation comes to the fore and exposes the government’s claims.
The rupee is depreciating against the dollar in the international market. If this situation continues, then due to the fall in the value of the rupee, there will be an increase in the value of gold, which was expected to decrease slightly, and it will increase again.
Will Gold be in Demand as Gold Prices are Rising?
There has always been a demand for gold in India because here, items made of gold are bought for gifts and weddings. Even if their prices increase in the future, people will buy them.
24 Karat gold is considered the purest gold, which contains 99.9% pure gold, and its value varies from city to city.
22 karat gold is 91.7% pure and is used for making jewellery. In which 91.7% pure gold and the rest metals like copper and zinc are used, its price is also according to different cities which you can see above.