Gold opened on Thursday, March 7th, at Rs. 6,010 per gram.
The yellow metal has been proven to be an investor-friendly option in the market. It is a liquid asset that attracts investors as a flame attracts moth. Investors love the yellow metal because it has been considered precious and a perfect asset to have in tough times for centuries. It is a sign of wealth in the country and is also used to show a person’s social and economic standing.
The current gold price in India is Rs. 6,556 per gram for 24 carats of gold, while 22-carat gold stands at Rs. 6,010 per 1 gram as of March 7th, 2024. All rates were revised and updated on March 7th.
Gold Prices For 10 Grams In India as of March 7, 2024
City | Standard Gold Rate (22K) | Pure Gold Rate (24K) |
Ahmedabad | ₹ 60,150 | ₹ 65,610 |
Bangalore | ₹ 60,100 | ₹ 65,560 |
Chennai | ₹ 60,900 | ₹ 66,440 |
Delhi | ₹ 60,250 | ₹ 65,710 |
Hyderabad | ₹ 60,100 | ₹ 65,560 |
Kolkata | ₹ 60,100 | ₹ 65,560 |
Mumbai | ₹ 60,100 | ₹ 65,560 |
Pune | ₹ 60,100 | ₹ 65,560 |
With a diverse portfolio comes diverse responsibilities and as an investor and a financially responsible being you need to know and understand that when you have gold in your portfolio you will be needed to give off certain taxes and fall under certain schemes. The government recognises that gold is a widely appreciated and sought after metal in the country but it has also recognised that it is an imported metal which means it is not mined in India. This means you as a buyer are giving import prices along with a hundred other little charges like the makers charge when you are buying gold. This charge though will not be returned when you go to sell your gold. It is recommended to rather invest in sovereign bonds than physical gold so that you get your full mone’s worth and even some profit if you ever go and sell your precious yellow metal.
22 Carat Gold Price in India Today
Gram | Gold Price |
1 gram | ₹ 6,010 |
8 grams | ₹ 48,080 |
10 grams | ₹ 60,100 |
100 grams | ₹ 6,01,000 |
24 Carat Gold Price in India Today
Gram | 24K Gold Price |
1 gram | ₹ 6,556 |
8 grams | ₹ 52,448 |
10 grams | ₹ 65,560 |
100 grams | ₹ 6,55,600 |