Gold Today Rate, October 9: 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 ₹12,415 per gram for 24 karat gold, ₹11,380 per gram for 22 karat gold and ₹9,311 per gram for 18 karat gold.
Gold Today Rate, October 9: Check 18, 22 and 24 carat gold prices Chennai, Mumbai, Delhi, Kolkata and other cities
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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.
On October 9, Thursday, gold prices have seen an upward trend across all purity levels, with the consistent price rise reflecting growing demand and market fluctuations influencing gold valuations.
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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 9 (INR):
The rate of 24K gold stands at ₹12,415 per gram, marking an increase of ₹22. Similarly, 22K gold is priced at ₹11,380 per gram, up by ₹20, while 18K gold has risen to ₹9,311 per gram, showing a gain of ₹16.