Gold opened on Friday, 26th February at Rs. 5,760 per gram.
As you may know, India does not mine its own gold but imports for all its demand. This import leads to a price with the import rate settled into it. While there are a few wholesalers like SBI Bank that set the pricing of the yellow metal in the country, it is always good to know the factors that influence their decisions.
The current gold price in India is the same as yesterday at Rs. 6,295 per gram for 24 carats of gold while the 22-carat gold stands at the rate of Rs. 5,700 per 1 gram as of 26th February 2024. All rates are revised and updated every day.
Gold Prices For 10 Grams In India as of 26th of February 2024
| City | Standard Gold Rate (22K) | Pure Gold Rate (24K) |
| Ahmedabad | ₹ 57,650 | ₹ 62,890 |
| Bangalore | ₹ 57,600 | ₹ 62,840 |
| Chennai | ₹ 58,100 | ₹ 63,380 |
| Delhi | ₹ 57,750 | ₹ 63,940 |
| Hyderabad | ₹ 57,600 | ₹ 62,840 |
| Kolkata | ₹ 57,600 | ₹ 62,840 |
| Mumbai | ₹ 57,600 | ₹ 62,840 |
The factors that determine the gold prices in India as per gram are the currency, interest rates applied in other countries, and other international factors like economic growth, dollar strength, and the like. Government policies are also a major influencing factor for the prices of the yellow metal, if the government would discourage the buying of the yellow metal its prices would increase. even though this is what the govt aims for they still prepare for a situation where a deficit could arise. While all these factors have been seen to increase the gold prices in the past to new heights it has not dissuaded the countrymen to stop buying the yellow metal as they think of it as an investment rather than an expense.
22 Carat Gold Price in India Today
| Gram | Gold Price |
| 1 gram | ₹ 5,760 |
| 8 grams | ₹ 46,080 |
| 10 grams | ₹ 57,600 |
| 100 grams | ₹ 5,76,000 |
24 Carat Gold Price in India Today
| Gram | 24K Gold Price |
| 1 gram | ₹ 6,284 |
| 8 grams | ₹ 50,272 |
| 10 grams | ₹ 62,840 |
| 100 grams | ₹ 6,28,400 |
