Todays Gold Rate (Date: October 08, 2024)
Gold Rates Today in India (Updated on October 08, 2024)
Gold Prices Overview:
- 24 Carat Gold Rate (10 grams): ₹77,613 -220.00
- 22 Carat Gold Rate (10 grams): ₹71,163 -200.00
India is the second-largest consumer of gold in the world, following China. The majority of the gold demand is fulfilled through imports and domestic recycling. Thus, apart from international prices, which are in dollars, import duties and other taxes significantly influence domestic gold rates. Gold is often viewed as a hedge against inflation, but bond yields and the dollar rate also impact the prices of this precious metal. Below are the latest gold prices across major Indian cities.
Todays gold rate is ₹77,613 for 24 carat and ₹71,163 for 22 carat per 10 grams. Today, we are witnessing changes in gold prices, which have been influenced by market trends and various factors.
Development of Gold Prices
In todays market, the price of gold has been affected by key factors such as the global economy, currency fluctuations, and import duties. Currently, the demand for gold is experiencing a slight decrease due to economic uncertainties.
Why Buy Gold?
- Security: Gold is considered a safe investment, especially in times of economic instability.
- Value Addition: The price of gold tends to increase over time, which can enhance your investment.
- Cultural Significance: Gold holds a special place in Indian culture, often used in weddings and other festivities.
Gold Rates in Different Cities
Here are the current gold rates in various major cities across India:
| City Name | 22 Carat Price | 24 Carat Price |
|---|---|---|
| Ahmedabad | ₹71,071 | ₹77,521 |
| Amritsar | ₹71,190 | ₹77,640 |
| Bangalore | ₹71,005 | ₹77,455 |
| Bhopal | ₹71,074 | ₹77,524 |
| Bhubaneswar | ₹71,010 | ₹77,460 |
| Chandigarh | ₹71,172 | ₹77,622 |
| Chennai | ₹71,011 | ₹77,461 |
| Coimbatore | ₹71,030 | ₹77,480 |
| Delhi | ₹71,163 | ₹77,613 |
| Faridabad | ₹71,195 | ₹77,645 |
| Gurgaon | ₹71,188 | ₹77,638 |
| Hyderabad | ₹71,019 | ₹77,469 |
| Jaipur | ₹71,156 | ₹77,606 |
| Kanpur | ₹71,183 | ₹77,633 |
| Kerala | ₹71,035 | ₹77,485 |
| Kochi | ₹71,036 | ₹77,486 |
| Kolkata | ₹71,015 | ₹77,465 |
| Lucknow | ₹71,179 | ₹77,629 |
| Madurai | ₹71,007 | ₹77,457 |
| Mangalore | ₹71,018 | ₹77,468 |
| Meerut | ₹71,189 | ₹77,639 |
| Mumbai | ₹71,017 | ₹77,467 |
| Mysore | ₹71,004 | ₹77,454 |
| Nagpur | ₹71,031 | ₹77,481 |
| Nashik | ₹71,067 | ₹77,517 |
| Patna | ₹71,059 | ₹77,509 |
| Pune | ₹71,023 | ₹77,473 |
| Surat | ₹71,078 | ₹77,528 |
| Vadodara | ₹71,084 | ₹77,534 |
| Vijayawada | ₹71,025 | ₹77,475 |
| Visakhapatnam | ₹71,027 | ₹77,477 |
Conclusion
Today’s gold price is ₹77,613 for 24 carat and ₹71,163 for 22 carat. You should consider buying or selling based on the ongoing market changes, as they can significantly affect gold prices.
Gold Rates for Last 15 Days
Here are the last 15 days gold rates in India:
| Date | 22 Carat Price | 24 Carat Price |
|---|---|---|
| Oct 07, 2024 | ₹71,363 -10.00 | ₹77,833 -10.00 |
| Oct 06, 2024 | ₹71,373 -10.00 | ₹77,843 -10.00 |
| Oct 05, 2024 | ₹71,383 110.00 | ₹77,853 120.00 |
| Oct 04, 2024 | ₹71,273 90.00 | ₹77,733 100.00 |
| Oct 03, 2024 | ₹71,183 520.00 | ₹77,633 560.00 |
| Oct 02, 2024 | ₹70,663 -300.00 | ₹77,073 -330.00 |
| Oct 01, 2024 | ₹70,963 -150.00 | ₹77,403 -160.00 |
| Sep 30, 2024 | ₹71,113 -10.00 | ₹77,563 -10.00 |
| Sep 29, 2024 | ₹71,123 -60.00 | ₹77,573 -60.00 |
| Sep 28, 2024 | ₹71,183 420.00 | ₹77,633 450.00 |
| Sep 27, 2024 | ₹70,763 -20.00 | ₹77,183 -20.00 |
| Sep 26, 2024 | ₹70,783 600.00 | ₹77,203 660.00 |
| Sep 25, 2024 | ₹70,183 200.00 | ₹76,543 210.00 |
| Sep 24, 2024 | ₹69,983 220.00 | ₹76,333 240.00 |