The Yellow Metal opened on Tuesday at the rate of Rs. 5,735 per gram.
If you are looking to buy gold for whatever purpose, that is as an investment or not it is necessary to analyze the market trend to know if the buying price is beneficial to you or not here is an overview of the January 2024 trend of gold, the highest rate went upto Rs 5875 in January on the second day of the new year while the lowest rate went to Rs 5740 on the 18th of January. The overall performance of the yellow metal was declining for both 22 carats and 24 carats. With a change of 0.94 percent for both the carats the yellow metal closed at the rate of Rs 5800 on the 31st of January 2024 for 22k.
The current gold price in India is Rs. 6,256 per gram for 24 carats of gold while the 22-carat gold stands at the rate of Rs. 5,735 per 1 gram as of 20th February 2024. All the rates are revised as well as updated daily.
Gold Prices For 10 Grams In India as of 20th of February 2024
City | Standard Gold Rate (22K) | Pure Gold Rate (24K) |
Ahmedabad | ₹ 57,400 | ₹ 62,6100 |
Bangalore | ₹ 57,350 | ₹ 62,560 |
Chennai | ₹ 57,850 | ₹ 63,110 |
Delhi | ₹ 57,500 | ₹ 62,710 |
Hyderabad | ₹ 57,350 | ₹ 62,560 |
Kolkata | ₹ 57,350 | ₹ 62,560 |
Mumbai | ₹ 57,350 | ₹ 62,560 |
It is important to know a few things before buying gold, one is to look at the past trend rates of the yellow metal and the other two important ones are to know the measuring value of it and the hallmark system as approved by the Bureau of Indian Standards.
The yellow metal is measured in terms of Carats and the two of the most precious and popular carats are 22 and 24. The letter k denotes this carat measurement and while the 24k is the purest form of the yellow metal, the 22k form of gold is much preferred in the Indian markets as it is the one of which jewelry is made of. As the years go by we do see a changing trend in this preference though. Next, the hallmark system is the mark that ensures your gold is legal and pure without having a difference in the prices of normal gold.
22 Carat Gold Price in India Today
Gram | Gold Price |
1 gram | ₹ 5,735 |
8 grams | ₹ 45,880 |
10 grams | ₹ 57,350 |
100 grams | ₹ 5,73,500 |
24 Carat Gold Price in India Today
Gram | 24K Gold Price |
1 gram | ₹ 6,256 |
8 grams | ₹ 50,048 |
10 grams | ₹ 62,560 |
100 grams | ₹ 6,25,600 |