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.
Today, on October 7, Tuesday, gold prices have shown an upward trend across all purities, with the yellow metal considered an ideal inflation hedge.
The 24-carat gold is 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.
Story continues below this ad
Gold rate in India today, on October 7 (INR):
The price of 24K gold stands at ₹12,202 per gram, reflecting an increase of ₹125 from the previous rate. Similarly, 22K gold is priced at ₹11,185 per gram, up by ₹115, while 18K gold has risen to ₹9,152 per gram, marking a gain of ₹94.
Source: GoodReturns
Story continues below this ad
Gold Price Today in Major Indian Cities (Per Gram)
These are the current 1-gram gold rates across major Indian cities:
© IE Online Media Services Pvt Ltd
.