Gold Rate Today: (Dec 02, 2024)
Gold Rate Today: Latest Updates on Gold Prices Across India (Dec 02, 2024)
Gold has always been one of the most sought-after assets for investment, with its price being heavily influenced by various factors such as global economic trends, local demand, and currency fluctuations. If you’re looking to invest in gold or simply want to stay updated with the latest gold rate, you’re in the right place. In this blog post, we will provide you with the most recent gold rates in India, along with a detailed analysis of how gold prices fluctuate across different cities.
Gold Rate Today in India
As of December 2, 2024, the gold rate in India is as follows:
| Gold Type | Price for 10 grams | Change in Price |
|---|---|---|
| 24 Carat Gold | ₹78,163 | -₹10.00 |
| 22 Carat Gold | ₹71,663 | -₹10.00 |
These rates represent the national averages for 24 Carat and 22 Carat gold, both of which are commonly traded in the country. 24 Carat gold is the purest form of gold, while 22 Carat gold contains 22 parts of gold and 2 parts of other metals such as copper or zinc, making it more durable and ideal for jewelry.
Gold Price in Major Metro Cities
Gold prices vary across different regions of India due to factors like demand, taxes, and transportation costs. Here’s a breakdown of the gold rate in major metro cities as of December 2, 2024:
24 Carat Gold Price in Metro Cities
| City | Price for 10 grams | Change in Price |
|---|---|---|
| Bangalore | ₹78,005 | -₹10.00 |
| Chennai | ₹78,011 | -₹10.00 |
| Delhi | ₹78,163 | -₹10.00 |
| Kolkata | ₹78,015 | -₹10.00 |
| Mumbai | ₹78,017 | -₹10.00 |
| Pune | ₹78,023 | -₹10.00 |
22 Carat Gold Price in Metro Cities
| City | Price for 10 grams | Change in Price |
|---|---|---|
| Bangalore | ₹71,505 | -₹10.00 |
| Chennai | ₹71,511 | -₹10.00 |
| Delhi | ₹71,663 | -₹10.00 |
| Kolkata | ₹71,515 | -₹10.00 |
| Mumbai | ₹71,517 | -₹10.00 |
| Pune | ₹71,523 | -₹10.00 |
Gold Rate in Other Cities Across India
The gold rate varies significantly from one city to another. Here’s a quick overview of gold prices in different cities:
| City Name | 22 Carat Price (₹ per 10 grams) | 24 Carat Price (₹ per 10 grams) |
|---|---|---|
| Ahmedabad | ₹71,571 | ₹78,071 |
| Amritsar | ₹71,690 | ₹78,190 |
| Bangalore | ₹71,505 | ₹78,005 |
| Bhopal | ₹71,574 | ₹78,074 |
| Bhubaneswar | ₹71,510 | ₹78,010 |
| Chandigarh | ₹71,672 | ₹78,172 |
| Chennai | ₹71,511 | ₹78,011 |
| Coimbatore | ₹71,530 | ₹78,030 |
| Delhi | ₹71,663 | ₹78,163 |
| Faridabad | ₹71,695 | ₹78,195 |
| Gurgaon | ₹71,688 | ₹78,188 |
| Hyderabad | ₹71,519 | ₹78,019 |
| Jaipur | ₹71,656 | ₹78,156 |
| Kanpur | ₹71,683 | ₹78,183 |
| Kerala | ₹71,535 | ₹78,035 |
| Kochi | ₹71,536 | ₹78,036 |
| Kolkata | ₹71,515 | ₹78,015 |
| Lucknow | ₹71,679 | ₹78,179 |
| Madurai | ₹71,507 | ₹78,007 |
| Mangalore | ₹71,518 | ₹78,018 |
| Meerut | ₹71,689 | ₹78,189 |
| Mumbai | ₹71,517 | ₹78,017 |
| Mysore | ₹71,504 | ₹78,004 |
| Nagpur | ₹71,531 | ₹78,031 |
| Nashik | ₹71,567 | ₹78,067 |
| Patna | ₹71,559 | ₹78,059 |
| Pune | ₹71,523 | ₹78,023 |
| Surat | ₹71,578 | ₹78,078 |
| Vadodara | ₹71,584 | ₹78,084 |
| Vijayawada | ₹71,525 | ₹78,025 |
| Visakhapatnam | ₹71,527 | ₹78,027 |
Gold Rate for the Last 15 Days
Tracking gold price trends can help you make informed investment decisions. Here are the gold rates for the last 15 days:
| Date | 22 Carat Price (₹ per 10 grams) | Change (₹) | 24 Carat Price (₹ per 10 grams) | Change (₹) |
|---|---|---|---|---|
| Dec 01, 2024 | ₹71,673 | -120.00 | ₹78,173 | -120.00 |
| Nov 30, 2024 | ₹71,793 | +730.00 | ₹78,293 | +780.00 |
| Nov 29, 2024 | ₹71,063 | -170.00 | ₹77,513 | -180.00 |
| Nov 28, 2024 | ₹71,233 | +270.00 | ₹77,693 | +290.00 |
| Nov 27, 2024 | ₹70,963 | -1,200.00 | ₹77,403 | -1,310.00 |
| Nov 26, 2024 | ₹72,163 | -1,000.00 | ₹78,713 | -1,090.00 |
| Nov 25, 2024 | ₹73,163 | -10.00 | ₹79,803 | -10.00 |
| Nov 24, 2024 | ₹73,173 | +740.00 | ₹79,813 | +810.00 |
| Nov 23, 2024 | ₹72,433 | +800.00 | ₹79,003 | +870.00 |
| Nov 22, 2024 | ₹71,633 | +300.00 | ₹78,133 | +330.00 |
| Nov 21, 2024 | ₹71,333 | +500.00 | ₹77,803 | +550.00 |
| Nov 20, 2024 | ₹70,833 | +700.00 | ₹77,253 | +760.00 |
| Nov 19, 2024 | ₹70,133 | +620.00 | ₹76,493 | +680.00 |
| Nov 18, 2024 | ₹69,513 | -10.00 | ₹75,813 | -10.00 |
Factors Affecting Gold Prices
Gold prices are influenced by a wide array of factors, both domestic and international. These include:
- Global Economic Conditions: Economic instability or inflation often leads to an increase in the gold rate as people flock to gold as a safe haven investment.
- Currency Exchange Rates: The strength of the Indian Rupee against the US Dollar can have a significant impact on the price of gold.
- Government Policies: The import duties on gold in India can influence domestic prices, as higher duties make gold more expensive.
- Demand and Supply: Increased demand for gold in the jewelry industry can drive prices up, especially during festivals or wedding seasons.
- Global Gold Prices: International gold prices, which are traded in US Dollars, also affect gold prices in India.
Is Gold a Good Investment?
Gold has long been regarded as a reliable and safe investment, especially during times of market volatility. It is often used as a hedge against inflation and currency fluctuations. Whether you’re investing in physical gold such as jewelry and coins, or through financial instruments like gold ETFs or sovereign gold bonds, gold offers a level of security that few other investments can match.
Types of Gold: 22K vs 24K
Understanding the difference between 22K and 24K gold is essential when buying gold for investment or jewelry purposes:
- 24K Gold: This is the purest form of gold (99.99% pure) and is too soft for daily use in jewelry. It’s usually bought for investment purposes.
- 22K Gold: This gold is mixed with other metals like copper, making it more durable and ideal for crafting jewelry.
Conclusion
The gold rate in India fluctuates daily due to various domestic and international factors. It’s essential to stay updated with the latest prices before making an investment. Whether you’re buying gold jewelry or investing in gold as an asset, understanding these dynamics can help you make informed decisions.
For more updates on gold prices and to stay ahead in your investments, keep checking our daily updates.
FAQs About Gold
- Why should you invest in gold? Gold acts as a hedge against inflation and economic instability, making it a safe investment option.
- What are the various forms of investing in gold? You can invest in gold through physical gold (coins, bars, jewelry), gold ETFs, and sovereign gold bonds.
- Does India import gold? Yes, India is one of the largest importers of gold globally, mainly to meet demand in the jewelry sector.
- What is the difference between 22K and 24K gold? 24K is pure gold, while 22K contains 22 parts gold and 2 parts other metals, making it more suitable for jewelry.
- What is hallmarking of gold? Hallmarking is the certification of gold purity by the Bureau of Indian Standards, ensuring the gold’s quality.
By staying updated with the latest gold rate trends, you can make informed decisions whether you’re buying gold for investment or as a part of your collection.
Read: Today’s Gold Rate in India – Updated on 02 December 2024
FAQs and Answers:
- Today’s gold rate in Chennai The gold rate in Chennai today (December 2, 2024) for 24 Carat gold is ₹78,011 per 10 grams, and for 22 Carat gold, it is ₹71,511 per 10 grams.
- Today’s gold rate in Mysore The gold rate in Mysore today (December 2, 2024) for 24 Carat gold is ₹78,004 per 10 grams, and for 22 Carat gold, it is ₹71,504 per 10 grams.
- Today’s gold rate in Bangalore The gold rate in Bangalore today (December 2, 2024) for 24 Carat gold is ₹78,005 per 10 grams, and for 22 Carat gold, it is ₹71,505 per 10 grams.
- Today’s gold rate in Pune The gold rate in Pune today (December 2, 2024) for 24 Carat gold is ₹78,023 per 10 grams, and for 22 Carat gold, it is ₹71,523 per 10 grams.
- Today’s gold rate in Kolkata The gold rate in Kolkata today (December 2, 2024) for 24 Carat gold is ₹78,015 per 10 grams, and for 22 Carat gold, it is ₹71,515 per 10 grams.
- Today’s gold rate Pune The gold rate in Pune today (December 2, 2024) is ₹78,023 per 10 grams for 24 Carat gold, and ₹71,523 per 10 grams for 22 Carat gold.
- Today’s gold rate in Kerala The gold rate in Kerala today (December 2, 2024) for 24 Carat gold is ₹78,035 per 10 grams, and for 22 Carat gold, it is ₹71,535 per 10 grams.
- Today’s gold rate 22 carat The today’s gold rate for 22 Carat gold in India varies across cities. For example, in Chennai, it’s ₹71,511, while in Delhi, it’s ₹71,663 per 10 grams.
- Today’s gold rate in Delhi The gold rate in Delhi today (December 2, 2024) for 24 Carat gold is ₹78,163 per 10 grams, and for 22 Carat gold, it is ₹71,663 per 10 grams.
- Today’s gold rate in Mumbai The gold rate in Mumbai today (December 2, 2024) for 24 Carat gold is ₹78,017 per 10 grams, and for 22 Carat gold, it is ₹71,517 per 10 grams.
- Today’s gold rate Hyderabad The gold rate in Hyderabad today (December 2, 2024) for 24 Carat gold is ₹78,019 per 10 grams, and for 22 Carat gold, it is ₹71,519 per 10 grams.
- Today’s gold rate in Hyderabad The gold rate in Hyderabad today (December 2, 2024) for 24 Carat gold is ₹78,019 per 10 grams, and for 22 Carat gold, it is ₹71,519 per 10 grams.
- Today’s gold rate in India The gold rate in India today (December 2, 2024) for 24 Carat gold is ₹78,163 per 10 grams, and for 22 Carat gold, it is ₹71,663 per 10 grams. Prices can vary by city due to regional taxes and demand.
- Today’s gold rate in Mangalore The gold rate in Mangalore today (December 2, 2024) for 24 Carat gold is ₹78,018 per 10 grams, and for 22 Carat gold, it is ₹71,518 per 10 grams.
- Today’s gold rate Chennai The gold rate in Chennai today (December 2, 2024) for 24 Carat gold is ₹78,011 per 10 grams, and for 22 Carat gold, it is ₹71,511 per 10 grams.
- Today’s gold rate in Coimbatore The gold rate in Coimbatore today (December 2, 2024) for 24 Carat gold is ₹78,030 per 10 grams, and for 22 Carat gold, it is ₹71,530 per 10 grams.
- Today’s gold rate Delhi The gold rate in Delhi today (December 2, 2024) for 24 Carat gold is ₹78,163 per 10 grams, and for 22 Carat gold, it is ₹71,663 per 10 grams.
- Today’s gold rate in Vijayawada The gold rate in Vijayawada today (December 2, 2024) for 24 Carat gold is ₹78,025 per 10 grams, and for 22 Carat gold, it is ₹71,525 per 10 grams.
- Today’s gold rate 24 carat The today’s gold rate for 24 Carat gold in India on December 2, 2024, is ₹78,163 per 10 grams. This price can vary slightly by location due to local factors like taxes.
- What is today’s gold rate in Bangalore? The gold rate in Bangalore today (December 2, 2024) is ₹78,005 for 24 Carat gold per 10 grams, and ₹71,505 for 22 Carat gold.
- What is today’s 22k gold rate in GRT Chennai? The 22k gold rate in GRT Chennai today (December 2, 2024) is ₹71,511 per 10 grams for 22 Carat gold.
- What is today’s 24 carat gold rate in Hyderabad? The 24 carat gold rate in Hyderabad today (December 2, 2024) is ₹78,019 per 10 grams for 24 Carat gold.
- What is the today’s gold rate? The today’s gold rate in India for 24 Carat gold is ₹78,163 per 10 grams, and for 22 Carat gold, it is ₹71,663 as of December 2, 2024.
- What is today’s gold rate? The today’s gold rate in India for 24 Carat gold is ₹78,163 per 10 grams, and for 22 Carat gold, it is ₹71,663 as of December 2, 2024.
- What is today’s 22 carat gold rate in Bangalore? The 22 carat gold rate in Bangalore today (December 2, 2024) is ₹71,505 per 10 grams for 22 Carat gold.
- What is today’s 24 carat gold rate? The 24 carat gold rate today (December 2, 2024) is ₹78,163 per 10 grams in India, with some variations depending on location.
- What is today’s gold rate in Hyderabad? The gold rate in Hyderabad today (December 2, 2024) for 24 Carat gold is ₹78,019 per 10 grams, and for 22 Carat gold, it is ₹71,519 per 10 grams.