Gold Rate Today: The upcoming festive season in India is expected to drive demand for gold and silver jewellery, leading to price increases.
Last week, gold prices in India were steadily increasing, resulting in all purities of the yellow metal reaching record-high levels, with a nearly 4% increase, according to GoodReturns.
However, it dropped slightly today, ahead of the US Federal Reserve’s monetary policy decision.
Gold is considered an ideal inflation hedge, with 24-carat gold being the most expensive form of gold, and it is commonly used for investment purposes. In contrast, 22-carat gold and 18-carat gold are primarily utilised for jewellery.
The price of gold has seen a slight decline today — Wednesday, September 17. The rate for 24K gold is ₹11,171 per gram, down by ₹22. Similarly, 22K gold is priced at ₹10,240 per gram, showing a decrease of ₹20, while 18K gold stands at ₹8,378 per gram, down by ₹17.
Source: GoodReturns
| Indian City | 24K Gold Rate Today | 22K Gold Rate Today | 18K Gold Rate Today |
| Chennai | ₹11,204 | ₹10,270 | ₹8,510 |
| Mumbai | ₹11,171 | ₹10,240 | ₹8,378 |
| Delhi | ₹11,186 | ₹10,255 | ₹8,393 |
| Kolkata | ₹11,171 | ₹10,240 | ₹8,378 |
| Bangalore | ₹11,171 | ₹10,240 | ₹8,378 |
| Hyderabad | ₹11,171 | ₹10,240 | ₹8,378 |
| Kerala | ₹11,171 | ₹10,240 | ₹8,378 |
| Ahmedabad | ₹11,176 | ₹10,245 | ₹8,383 |
| Jaipur | ₹11,186 | ₹10,255 | ₹8,393 |
| Lucknow | ₹11,186 | ₹10,255 | ₹8,393 |
| Patna | ₹11,176 | ₹10,245 | ₹8,383 |
| Chandigarh | ₹11,186 | ₹10,255 | ₹8,393 |
| Bhubaneswar | ₹11,171 | ₹10,240 | ₹8,378 |
| Gurgaon | ₹11,186 | ₹10,255 | ₹8,393 |
| Ghaziabad | ₹11,186 | ₹10,255 | ₹8,393 |
| Noida | ₹11,186 | ₹10,255 | ₹8,393 |
Source: GoodReturns
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