Gold Prices Today 24K, 22K, 18K Rates in Indian Cities

Gone are the days when buying gold was a simple affair. Today, gold prices are constantly fluctuating and hence need to be kept informed before heading out to the jeweler. The article breaks down today’s gold prices across different carats and major cities of India.

Carat Purity

Before diving into the numbers, let’s understand what carat (kt) signifies in the world of gold. Carat indicates the purity of gold, with 24 carats (24kt) being the purest form. Here’s a quick explanation of the most common carat varieties: 24 Karat (24kt): Pure gold, rarely used in jewelry due to its softness. 22 Karat (22kt): Considered high-purity gold, ideal for traditional Indian jewelry. 18 Karat (18kt): A great alloy of purity and durability, used for daily wear jewelry. 14 Karat (14kt) and below: Gold of a little less purity, also used in cheaper jewelry preparations.

Gold Price Today in Major Indian Cities

Check out the latest gold prices in every 10 grams in prominent Indian cities below: City\t24 Karat (₹)\t22 Karat (₹)\t18 Karat (₹) Chennai\t₹78,700\t₹72,140\t₹59,590 Mumbai\t₹78,700\t₹72,140\t₹59,590 Delhi\t₹78,850\t₹72,290\t₹59,150 Kolkata\t₹78,700\t₹72,140\t₹59,020 Ahmedabad\t₹78,750\t₹72,190\t₹59,060 Jaipur\t₹78,850\t₹72,290\t₹59,150 Export to Sheets

Important Points

The prices above are merely indicative and vary in small measures depending on the jeweler, making, and other factors. Taxes such as GST are added to the final price. It is sensible to compare prices from various jewelers before deciding to make a purchase. Beyond the Big Cities: Gold Rates in Other Locations While the table includes major cities, gold prices can vary between smaller locations. Here are some resources to help you find gold rates in your specific area: Online portals: Several websites and apps provide up-to-date gold prices for various cities in India. Local jewelers: Local jewelry stores usually display the day’s gold rates.

A Look Back: How Have Gold Prices Changed

Gold prices are highly volatile, and tracking the history can be quite informative. Here are some resources to look at past gold price movements: Financial news websites: Most financial news websites provide historical gold price charts for India. Gold associations: Websites of gold industry associations usually maintain historical price data.

Staying Informed: Tips for Savvy Gold Buyers

Track gold price trends: Track gold prices over a period to understand the general direction. Buy during dips: If you’re flexible with the timeline of your purchase, buy when the prices are low.Negotiate with the jeweler: If you’re making a huge purchase, never be afraid to negotiate. Make charges: Making charges vary from one jeweler to another. Inquire about this beforehand so you won’t be surprised.

Conclusion

This is to understand carat purity, being aware of the current prices in your city, and knowing the trends of the past. You can then make smarter decisions when buying gold. Remember, a little research can go a long way in ensuring you get the best value for your precious gold purchase.

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