Gold Prices Stable on October 30: City-Wise Rate Update for Buyers

Gold continues to attract buyers in India, especially during the festive season. On October 30, gold prices saw slight changes across major cities. The 24K gold rate and 22K gold rate varied depending on the region and demand. Before making any purchase, it’s essential to know the latest gold price in your city to make the best decision.

Gold Rate in Major Cities

In Delhi, the 24K gold rate today is ₹6,240 per gram, while the 22K gold rate is ₹5,720 per gram. In Mumbai, the 24K gold is priced at ₹6,230 per gram, and the 22K gold stands at ₹5,710 per gram. Chennai witnessed a slight rise where 24K gold is ₹6,260 per gram, and 22K is ₹5,730 per gram. Meanwhile, in Kolkata, the rates remain steady at ₹6,240 per gram for 24K and ₹5,720 per gram for 22K.

24K Gold Price Today

The 24K gold, known as pure gold, is the most preferred option for investment. The rate today across India averages between ₹6,230 to ₹6,270 per gram. This variation depends on city taxes and local market factors. Buyers often choose 24K gold in the form of coins or bars for long-term savings.

22K Gold Price Today

The 22K gold, slightly mixed with other metals for durability, remains the top choice for making jewelry. On October 30, 22K gold prices ranged between ₹5,700 to ₹5,750 per gram in most cities. Since it’s more affordable than 24K, it continues to drive high demand among buyers.

Gold Price Movement

In recent days, gold prices have shown minor fluctuations due to changes in the global market and currency rates. The international gold rate and dollar value directly affect the Indian market. Many investors prefer to buy when rates are steady, anticipating future increases.

Other Specifications

Today’s rates are based on the latest updates from the bullion market. The prices may differ slightly across jeweler stores and online platforms. Buyers should also consider making charges and GST while calculating the final purchase amount. The 24K gold purity remains 99.9%, while 22K gold purity stands around 91.6%.

Offers and Discounts

Some jewelers are providing festive discounts and zero-making-charge offers on select jewelry items. These deals vary from store to store. Online jewelry platforms are also providing price lock-in options, allowing customers to book at today’s rates for future purchases.

Investment and Demand

With Diwali and wedding season approaching, the demand for gold is increasing rapidly. Many investors are also eyeing gold as a safe asset against inflation. The steady rise in prices has made buyers more cautious, preferring to invest in smaller quantities.

Market Outlook

Experts suggest monitoring gold prices closely in the coming weeks as market trends and international cues may impact the rates. For now, the gold market remains stable, giving both investors and jewelry buyers a balanced opportunity.

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