Gold Today Rate, October 10: Check 18, 22 and 24 carat gold prices Chennai, Mumbai, Delhi, Kolkata and other cities
Today's 18, 22 and 24 Carat Gold Prices in Chennai, Bangalore, Hyderabad, Mumbai, Delhi: The price of gold in India today is ₹12,229 per gram for 24 karat gold, ₹11,210 per gram for 22 karat gold and ₹9,172 per gram for 18 karat gold.
Gold Price Today in India: Check the gold rate in India today, October 10; Carat wise and city wise price list below. (File Image)
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Gold Rate Today: While gold rates in India reached historic highs at the start of October, driven by concerns over a potential US government shutdown, which led to increased demand for safe-haven assets, in addition to the festive seasonal demand in India.
The yellow metal is considered an ideal inflation hedge, with 24-carat gold being the most expensive form of gold and is commonly used for investment purposes, while 22-carat gold and 18-carat gold are primarily utilised for jewellery.
Gold rate in India today, on October 10 (INR):
Gold prices witnessed a decline today, with 24K gold trading at ₹12,229 per gram, down ₹186 from the previous rate. Similarly, 22K gold fell by ₹170 to ₹11,210 per gram, while 18K gold dropped ₹139, settling at ₹9,172 per gram. The downward movement reflects a broader softening in the precious metals market.