Gold Price in India Today October 2022 in Delhi, Chennai, Hyderabad, Mumbai

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

gold price today india

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
1 Gram 4,690 ₹5,116
10 Grams ₹46,900 ₹51,160

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
Chennai ₹47,850 ₹51,880
Mumbai ₹47,850 ₹51,710
Delhi ₹47,850 ₹51,710
Kolkata ₹47,850 ₹51,710
Bangalore ₹47,900 ₹51,710
Hyderabad ₹47,850 ₹51,710
Kerala ₹47,850 ₹50,790
Pune ₹47,900 ₹50,830
Vadodara ₹47,900 ₹50,830
Ahmedabad 47,480 ₹51,780
Jaipur 47,580 ₹51,900
Lucknow 47,580 ₹51,900
Coimbatore ₹47,550 ₹51,880
Madurai ₹47,550 ₹51,880
Vijayawada ₹47,400 ₹51,880
Patna ₹47,450 ₹51,780
Nagpur ₹47,450 ₹51,780
Chandigarh ₹47,580 ₹51,900
Surat ₹47,480 ₹51,790
Bhubaneswar ₹47,400 ₹51,710
Mangalore ₹47,400 ₹51,710
Visakhapatnam ₹47,400 ₹51,710
Nashik ₹47,450 ₹51,780
Mysore ₹47,400 ₹51,710

22ct and 24ct Gold rates in India for the last six months

gold rate today

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 –

Russia-Ukraine War

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.

What is the price of 24 Carat Gold Today?

24 Karat gold is considered the purest gold, which contains 99.9% pure gold, and its value varies from city to city.

What is the rate of 22-Karat gold? in India today?

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.

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