Gold Today Rate, October 14: 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 ₹12,868 per gram for 24 karat gold, ₹11,795 per gram for 22 karat gold and ₹9,651 per gram for 18 karat gold.
Gold Price Today in India: Check the gold rate in India today, October 14; 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 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 14 (INR):
Gold prices continued their upward trend today, with all major purities recording significant gains. Experts suggest that the surge is driven by strong global demand, inflation concerns, and increased domestic buying ahead of the festive and wedding seasons in India.
The price of 24K gold rose by ₹328, reaching ₹12,868 per gram, while 22K gold increased by ₹300 to trade at ₹11,795 per gram. Similarly, 18K gold saw a rise of ₹246, now priced at ₹9,651 per gram.