Gold Today Rate, December 29: Check 18, 22 and 24 carat gold prices Chennai, Mumbai, Delhi, Kolkata and other cities

Gold Rate Today: Gold is regarded as an effective hedge against inflation, Goldman Sachs report states that 70 per cent of global institutional investors expect gold prices to increase further next year.

While gold prices in India have risen steadily last week, highlighting gold’s role as a trusted safe-haven asset during ongoing market uncertainties, the price of yellow metal declined across all purity levels today morning.

Silver Today Rate, December 29: Silver price today in India, Delhi, Hyderabad, Bangalore, Chennai, Mumbai and other silver rate list

The 24-carat gold, the purest and most expensive form, is commonly used for investment. 22-carat and 18-carat gold are mostly used for making jewellery.

Gold rate in India today, on December 29 (INR):

Gold prices in India showcased a downward trend today, on Monday, December 29, amid global economic uncertainties.