Gold Rate Today: Gold has proven to be an ideal inflation hedge and has grown into an increasingly important investment in the minds of investors. Amid rising economic volatility and trade-tariff tensions, the gold prices in India are witnessing an all-time high.
The gold price for today, on August 7, stands at ₹10,255 per gram for 24-karat gold, ₹9,400 per gram for 22-karat gold and ₹7,691 per gram for 18-karat gold.
Gold Prices in India (INR) on August 7
When you look at the 1-gram gold prices for 24-carat, 22-carat, and 18-carat gold in India today, it’s clear that the price and the purity of the gold are directly linked.
The most expensive gold is 24-carat gold, which costs ₹10,255 per gram, is often used for investment purposes. 22-carat gold, which costs ₹9,400 per gram, and 18-carat gold, at ₹7,691 per gram, are often used in jewellery.
24-carat gold rate per gram in India (INR) on August 7:
22-carat gold rate per gram in India (INR) on August 7:
18-carat gold rate per gram in India (INR) today on August 7:
Source: GoodReturns – Gold Rates
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