India’s gold price today has jumped significantly, with 24 karat gold reaching about ₹1,14,310 per 10 grams and 22 karat at ₹1,04,710/10g. These sharp rises are drawing attention across markets, households, and jewellery buyers alike.
Several factors are pushing up the gold price today:
- Festive demand: With Navratri and other festivals around the corner, demand for gold in India is rising sharply. Buyers tend to purchase jewellery and gold gifts during this time, lifting local demand.
- Global economic signals: Investors are watching cues from central banks. When interest rates are expected to fall, demand for safe haven assets like gold increases.
- Currency & import costs: A weaker rupee or higher import costs also add to the domestic gold price.
- Premiums & supply constraints: Dealers are reporting increased premiums over official prices, partly due to higher transportation, storage, and supply limitations.
Regional & Purity Variations
- In major cities like Delhi, 24K gold is selling for around ₹1,13,250 per 10 grams, up by nearly ₹940 from the previous day.
- Bangalore and other metros show similar trends: 24K gold ~₹1,14,300, 22K gold ~₹1,04,800+ per 10g.
- Differences by purity are significant: 24 karat (pure gold) always commands a higher price compared to 22 karat, owing to higher gold content. The spread also reflects making charges, taxes, and retailer markup.
What Buyers Should Know
- If you’re planning to buy gold today, remember that prices may still be volatile, influenced by global policy, currency fluctuations, and local demand.
- Compare rates in your city. Even small transport, taxation, or retailer differences can shift the cost noticeably.
- For investment, consider purity (24K vs. 22K), storage costs, and whether you intend jewellery use or bullion holding.
The gold price today in India has hit record highs in many places, driven by festive demand, global economic signals, and rising costs of import & premium. For buyers and investors alike, this is a moment of heightened attention make decisions carefully in light of price trends.
