Gold Price Today : The discussion on gold prices in India is a proof of the importance of gold. People keep gold as an investment, coins, jewelry. It is also considered a symbol of auspiciousness in India. Gold has a special significance in every home, every family, weddings, festivals. If you also want to know about today’s gold prices, then this article is especially for you.
Types of gold according to carats:
The purity of gold is measured in carats. 24-carat gold is considered completely pure, and is usually used for coins or investments only. 22-carat gold is considered suitable for making jewelry as it is strong and durable. 18-carat gold is mostly preferred for makingkkanavasamachar designer jewelry as it is affordable and durable.
Gold prices in India today:
As we told you, the price of gold has fallen today. This fall is something like this
24 Carat Gold:
1 gm – ₹9,894 (-₹1)
10 gm – ₹98,940 (-₹10)
100 gm – ₹9,89,400 (-₹100)
22 carat gold:
1 gm – ₹9,069 (-₹1)
10 gm – ₹90,690 (-₹10)
100 gm – ₹9,06,900 (-₹100)
18 carat gold:
1 gm – ₹7,420 (-₹1)
10 gm – ₹74,200 (-₹10)
100 gm – ₹7,42,000 (-₹100)
What determines the price of gold:
The price of gold is affected by many factors. The main reasons for this are the demand and supply of gold in the global markets, the value of the US dollar, import duty and international political conditions. Apart from this, the price of gold rises when the demand for gold increases during weddings and festivals.
Disclaimer:
Gold Price Today Gold has been an important part of Indian culture and economy for centuries. The current price changes are a signal for investors and buyers to proceed with caution. Investing in gold with the right information and at the right time can always prove to be beneficial.