The Yellow Metal opened on Monday at the rate of Rs. 6,295 per gram. Gold has always been a source of investment in the Indian market and population. The yellow metal is quite popular in Indian society and is used not just for investing purposes but as gift purposes as well. The yellow metal is deemed precious by all and is especially used during weddings as to gift to the bride and groom as a symbol of good wishes. All forms of gold are popular in the market be it jewelry, coin, or bonds. If you are looking to gift someone gold be sure to analyse its market trends before buying it. The current gold price in India is ₹ 6,295 for 24-carat gold and ₹ 5,770 for 22-carat gold per 1 gram as updated today.
Gold Prices For 10 Grams In India as of 12th of February 2024
| City | Standard Gold Rate (22K) | Pure Gold Rate (24K) |
| Ahmedabad | ₹ 57,750 | ₹ 63,000 |
| Bangalore | ₹ 57,700 | ₹ 62,950 |
| Chennai | ₹ 58,300 | ₹ 63,600 |
| Delhi | ₹ 57,850 | ₹ 63,100 |
| Hyderabad | ₹ 57,700 | ₹ 62,950 |
| Kolkata | ₹ 57,700 | ₹ 62,950 |
| Mumbai | ₹ 57,700 | ₹ 62,950 |
Gold is based on a purity system and is available in the market following the same system. The most popular of the gold purities are 22 carats and 24 carats where carat is the measuring unit of the purity of gold. The 24-carat is the purest form of gold and is not available without a mixture of any other metal to make it more manageable. It is important to keep in mind the Hallmark as given by the Bureau of Indian Standards which ensure the purity and legality of all the metals along with gold.
Understanding Gold Purity
- 24 Carat Gold:
The purest form of the yellow metal is in 24 carats. It is a liquid and malleable form of he metal which makes it necessary to be mixed with some other metal to use and make coins, bars, and the like. This form has 99.9 percent of pure gold and is used to measure all the other purities of gold.
- 22-Carat Gold:
22k of gold is used in the making of jewelry because it can be easily designed and given the wanted shape. The pure gold is 91.67 percent in it which makes the 22k of gold the required proportion for ornament making.
22 Carat Gold Price in India Today
| Gram | Gold Price |
| 1 gram | ₹ 5,770 |
| 8 grams | ₹ 46,160 |
| 10 grams | ₹ 57,700 |
| 100 grams | ₹ 5,77,00 |
24 Carat Gold Price in India Today
| Gram | 24K Gold Price |
| 1 gram | ₹ 6,295 |
| 8 grams | ₹ 50, 360 |
| 10 grams | ₹ 62,950 |
| 100 grams | ₹ 6,29,500 |
