Gold Price Today: Gold prices in India are stable today with a small rise in some cities. Many people are watching the rates closely because the festival season is near. Gold is not only used for jewellery but also trusted as a safe investment.
Gold Rates Today (per gram)
- 24 Carat Gold: ₹11,106
- 22 Carat Gold: ₹10,180
- 18 Carat Gold: ₹8,329
City-Wise Gold Prices
City | 24K Gold | 22K Gold |
---|---|---|
Delhi | ₹11,110 | ₹10,185 |
Mumbai | ₹11,105 | ₹10,180 |
Chennai | ₹11,138 | ₹10,210 |
Bengaluru | ₹11,116 | ₹10,189 |
Kolkata | ₹11,108 | ₹10,182 |
Why Gold Prices Are High
- Demand is rising before festivals and weddings.
- Weak US dollar makes gold more valuable.
- Global investors are buying gold as a safe option.
Gold as an Investment
In India, many families buy gold not only for jewellery but also as a form of savings. Gold is considered a safe asset because its value does not fall quickly, even when markets are unstable. Investors often prefer 24K gold coins and bars for long-term security.
Future Outlook
Experts believe that gold prices may remain strong in the coming weeks. With upcoming festivals like Navratri and Diwali, the demand for jewellery is expected to rise further. Global factors like interest rate decisions and currency movement will also play a big role in deciding the price trend.
Conclusion
Gold prices in India today are steady but at high levels. Buyers should check city-wise rates and compare before making a purchase. With festivals coming soon, prices may stay strong.