Gold market trends

Gold prices in India have recently experienced considerable fluctuations. The current rate for 10 grams of gold on 26 August for 24 Karat is ₹73,369. Investors are increasingly turning to gold and silver as reliable hedges against inflation.
They have become safe haven assets during economic uncertainties. The cultural significance of gold in Indian households further fuels its demand. In India, families often invest over 18% of their assets in these metals.
Gold prices vary across cities, and this article gives you the current gold price in major cities of India.

Get the current gold prices on 25 Aug 2024. Investing in gold or silver has been an old practice for several reasons which make such precious metals attractive to buyers. Additionally, the high liquidity of gold and silver makes them attractive investment options. This article will equip our users with insightful analysis and up-to-date information on gold prices, helping them make better & well-informed investment decisions. Read this article to get information about the current prevailing gold rates in the country across major cities.

In a country like India, where gold has had a deep cultural as well as economic significance for centuries. A lot of Indian families turn to gold as their most preferred option for investment.

Find the latest gold prices in major cities across India as of August 24, 2024.
The gold prices as of August 24, 2024, in India varied across major cities. In Delhi, the rate for 22-karat gold was ₹66,740 per 10 grams, while 24-karat gold was priced at ₹72,790. Mumbai reported slightly lower prices, with 22-karat gold at ₹66,590 and 24-karat at ₹72,640.

India is one of the largest consumers of gold across world. This is the reason driving global demand of gold across the world.

In India, the significance of gold extends beyond its economic value.
Gold, in our country embodies our rich heritage. Gold has been associated with India’s identity for more than 5,000 years. In earlier times, gold was the undisputed symbol power and status in the society. The king & queens in ancient times used to wear ornaments made up of Gold.

Find the latest gold prices in major cities across Indian as on August 22, 2024.

In India, Gold has a very important role in our culture. The metal plays an extermly crucial part in a lot of religious ceremonies and rituals, particularly in Hinduism. Gold jewelry is an integral part of Indian weddings as well as festivals. In most of the Indian wedding, it is a tradition to offer gold made ornaments to the bride, the groom & the relatives. In Indian household, we also give presents of gold-made things especially coins during festivals, most importantly during Diwali.

Gold’s lustrous appearance and its world-known durability have placed it on the most wanted material list in various religions, including Hinduism. In India, gold is used extensively to create idols of many gods. To name a few, we have Brahma (the god of creation), Vishnu (the god of preservation), Shiva (the god of destruction) & also Ganesha (the elephant-headed god).

These gold-made god idols are believed to possess spiritual and divine qualities, enhancing the sanctity of religious places they are kept in and ceremonies

Get the latest gold prices in the major cities across the country on 19 Aug 2024.