Gold prices across India have experienced a slight dip today. For 22-karat gold, the current rate is Rs 6,469 per gram, a minor decrease from Rs 6,470 yesterday. Similarly, 24-karat gold is priced at Rs 7,057 per gram, down from Rs 7,058.
Gold Prices in major Indian cities
Chennai: In Chennai, 22-karat gold is priced at Rs 6,471 per gram, while 24-karat gold is slightly higher at Rs 7,059. The city’s rates reflect a minor drop in line with the national trend.
Mumbai: In Mumbai, gold prices are slightly lower compared to other cities. The price for 22-karat gold is Rs 6,469 per gram, and 24-karat gold is available at Rs 7,057 per gram.
Delhi: Delhi reports a marginally higher rate for gold. Here, 22-karat gold costs Rs 6,484 per gram, and 24-karat gold is priced at Rs 7,072 per gram. The higher prices in Delhi are reflective of regional market trends and local demand.
Jaipur and Lucknow: Both Jaipur and Lucknow show identical gold prices. For 22-karat gold, the rate is Rs 6,484 per gram, and for 24-karat gold, it is Rs 7,072 per gram. These cities follow the trend of slightly elevated gold rates compared to Mumbai and Chennai.
Vadodara and Ahmedabad: In Vadodara and Ahmedabad, 22-karat gold is priced at Rs 6,474 per gram. The 24-karat gold is available at Rs 7,062 per gram. The rates in these cities are consistent with the minor national decline in gold prices.
Patna: In Patna, the price of 22-karat gold stands at Rs 6,474 per gram, while 24-karat gold is priced at Rs 7,062 per gram. The rates here align with those in Vadodara and Ahmedabad, reflecting regional market stability.
Chandigarh: Chandigarh has reported a slight increase in gold prices today. The cost for 22-karat gold is Rs 6,484 per gram, and 24-karat gold is available at Rs 7,072 per gram. These rates are consistent with those in Delhi, Jaipur, and Lucknow.
Factors influencing gold prices
Gold prices are influenced by various factors including global economic conditions, currency fluctuations, and market demand. Today’s slight decrease in gold rates can be attributed to minor market adjustments and fluctuations in international gold prices. As investors and consumers react to these changes, gold prices may continue to experience small fluctuations in the short term.
Current market insights
Gold remains a popular investment choice due to its stability and historical value. Despite today’s slight decline in prices, gold continues to be a preferred asset for safeguarding wealth and as a hedge against economic uncertainties.
In summary, gold prices today have seen a slight reduction across major Indian cities. Whether you are looking to buy gold for investment or personal use, it’s advisable to check the latest rates and trends regularly. For accurate and updated prices, always refer to reliable local dealers and market sources.