October Gold price today: Investing in gold in India is a popular and secure choice for many. However, before you invest your hard-earned money in this precious metal, it’s essential to have all the relevant information. In this post, we’ll provide you with today’s gold price in India, so you can make informed decisions if you’re considering investing in gold.
Accurate information about gold prices is crucial to avoid potential losses when purchasing gold, especially in a market where prices fluctuate daily. Gold prices in India can vary, and understanding these fluctuations is key to making sound investment choices. Let’s explore the current rates and other valuable information about gold.
Gold Price Today in India
In India, you can find gold in different carats, such as 18 carats, 22 carats, and 24 carats. These variations differ in terms of purity, with 24-carat gold being the most pure at 99.9%. However, it’s essential to note that 24-carat gold is generally more expensive compared to other carats.
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18 Carat Gold Price Today
As of October 14, 2023, the price of 18-karat gold in New Delhi, India, is ₹43,365 per 10 grams.
- 1 gram: ₹4,336
- 10 grams: ₹43,365
- 100 grams: ₹4,33,600
22 Carat Gold Price Today
On the same date, 22 karat gold in New Delhi, India, is priced at ₹55,400 for every 10 grams.
- 1 gram: ₹5,540
- 10 grams: ₹55,400
- 100 grams: ₹5,54,000
24 Carat Gold Price Today
As for 24-carat gold, the price in New Delhi, India, stands at ₹60,440 per 10 grams on October 14, 2023.
- 1 gram: ₹6,044
- 10 grams: ₹60,440
- 100 grams: ₹6,04,400
Gold Prices in Major Indian Cities
It’s crucial to know the gold prices in your city to make well-informed investment decisions. Here are the current 22-carat and 24-carat gold prices in some major Indian cities:
| City | 22 Carat Gold Price (10 grams) | 24 Carat Gold Price (10 grams) |
|---|---|---|
| New Delhi | ₹55,550 | ₹60,590 |
| Amritsar | ₹55,550 | ₹60,590 |
| Chandigarh | ₹55,550 | ₹60,590 |
| Mumbai | ₹55,400 | ₹60,440 |
| Chennai | ₹55,100 | ₹60,110 |
| Hyderabad | ₹55,400 | ₹60,440 |
| Bhopal | ₹55,450 | ₹60,490 |
| Jaipur | ₹55,550 | ₹60,590 |
| Kanpur | ₹55,550 | ₹60,590 |
| Kolkata | ₹55,400 | ₹60,440 |
| Meerut | ₹55,550 | ₹60,590 |
| Nagpur | ₹55,400 | ₹60,440 |
| Gurgaon | ₹55,550 | ₹60,590 |
| Ahmedabad | ₹55,450 | ₹60,490 |
Gold Prices in Other Countries
Gold is in demand not only in India but also in various countries worldwide. If you’re curious about gold prices in other nations, here’s a comparison for 22 carat and 24 carat gold prices:
| Country | 22 Carat Gold Price (10 grams) | 24 Carat Gold Price (10 grams) |
|---|---|---|
| Kuwait | ₹49,770 | ₹50,390 |
| Singapore | ₹49,850 | ₹53,201 |
| Dubai | ₹46,568 | ₹50,307 |
| United States | ₹47,017 | ₹50,761 |
| Doha | ₹48,613 | ₹51,466 |
| Qatar | ₹48,613 | ₹51,466 |
| Muscat | ₹48,630 | ₹50,792 |
| Oman | ₹48,613 | ₹53,017 |
Factors Affecting Gold Prices
Gold prices are subject to constant fluctuations due to several factors. In India and globally, gold is a popular investment choice, influenced primarily by its demand. Factors such as inflation, interest rates, and government reserves also play a significant role in shaping gold prices. For instance, when demand surpasses supply, gold prices rise, and during festivals and wedding seasons in India, gold prices tend to increase the most.
How to Purchase Gold
Buying gold today is more accessible than ever. If you prefer physical gold, you can visit a local goldsmith shop to make your purchase. Alternatively, digital gold is available through platforms like Zerodha and Groww. When buying physical gold, be sure to obtain a gold certificate from the shop.
FAQ: Today’s Gold Price
- What is the price of gold in Ludhiana today?
- Today, the price of 24 karat gold in Ludhiana is ₹60,590 per 10 grams.
- What is the price of gold in Madhya Pradesh today?
- Today, the price of 24 carat gold in Madhya Pradesh is ₹60,490 per 10 grams.
- What is the price of gold in Bihar today?
- Today, the price of 24 carat gold in Bihar is ₹60,490 per 10 grams.
- What is the price of gold in Banaras today?
- Today, the price of 24 carat gold in Banaras is ₹60,490 per 10 grams.
- What is the price of gold in Karnal today?
- Today, the 24 karat gold price in Karnal is ₹60,590 per 10 grams.
- What is the price of gold in Haridwar today?
- Today, the price of 24 karat gold in Haridwar is ₹59,280 per 10 grams.
- What is the price of gold in Ambala today?
- Today, the 24 karat gold price in Ambala is ₹60,590 per 10 grams.
- What is the gold price in Sonipat today?
- Today, the 24 karat gold price in Sonipat is ₹60,590 per 10 grams.
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