Gold is one of the most sought-after assets in times of uncertainty and volatility. The yellow metal has been shining bright in the past few months, as investors sought a safe haven amid the Covid-19 pandemic, geopolitical tensions, and inflation fears. Gold prices in India have surged by over 25% in the past year, reaching a record high of ₹ 6,338 per gram for 24 karat gold (also called 999 gold) on February 6, 2024.
Table of Content
Gold Rates Today As Per Carat
| Today 22 Carat Gold Price Per Gram in India (INR) | |||
| Gram | Today | Yesterday | Change |
| 1 | ₹5,775 | ₹5,795 | – 20 |
| 8 | ₹46,200 | ₹46,360 | -160 |
| 10 | ₹57,750 | ₹57,950 | -200 |
| 100 | ₹5,77,500 | ₹5,79,500 | -2,000 |
Additional Read: Sovereign Gold Bonds
| Today 18 Carat Gold Price Per Gram in India (INR) | |||
| Gram | Today | Yesterday | Change |
| 1 | ₹4,725 | ₹4,741 | -16 |
| 8 | ₹37,800 | ₹37,928 | -128 |
| 10 | ₹47,250 | ₹47,410 | -160 |
| 100 | ₹4,72,500 | ₹4,74,100 | -1,600 |
| Today 24 Carat Gold Price Per Gram in India (INR) | |||
| Gram | Today | Yesterday | Change |
| 1 | ₹6,300 | ₹6,322 | -22 |
| 8 | ₹50,400 | ₹50,576 | -176 |
| 10 | ₹63,000 | ₹63,220 | -220 |
| 100 | ₹6,30,000 | ₹6,32,200 | -2,200 |
Gold Rates Today As Per Cities
| Indian Major Cities Gold Rates Today (10 g) | ||
| City | 22K | 24K |
| Chennai | ₹ 58,300 | ₹ 63,600 |
| Mumbai | ₹ 57,750 | ₹ 63,000 |
| Delhi | ₹ 57,900 | ₹ 63,150 |
| Kolkata | ₹ 57,750 | ₹ 63,000 |
| Bangalore | ₹ 57,750 | ₹ 63,000 |
| Hyderabad | ₹ 57,750 | ₹ 63,000 |
| Kerala | ₹ 57,750 | ₹ 63,000 |
| Pune | ₹ 57,750 | ₹ 63,000 |
| Vadodara | ₹ 57,800 | ₹ 63,050 |
| Ahmedabad | ₹ 57,800 | ₹ 63,050 |
Today Stock Market All Indices (Bank Nifty, Nifty 50)
Today, the stock market witnessed a mixed trend, as the Nifty 50 index gained 0.72% to close at 21,853.80, while the Nifty Bank index lost 0.47% to close at 45,970.95. Some of the top gainers in the market today were Navneet Education, Linde India, Puravankara, Electrosteel Castings, and Vijaya Diagnostic Centre. Some of the top losers in the market today were Trent, Siemens, Adani Enterprises, Adani Power, and Banco Products India.
- Titan Company, a leading jewellery retailer, fell by 3.04% to close at ₹ 3,749 per share.
- Muthoot Finance, a leading gold loan provider, rose by 0.67% to close at ₹ 1,794.85 per share.
- Manappuram Finance, another leading gold loan provider, rose by 0.76% to close at ₹ 237.55 per share.
- HDFC AMC, a leading asset management company that offers gold ETFs and gold mutual funds, rose by 0.23% to close at ₹ 3,518 per share.
To conclude, gold is a valuable asset that can help you diversify your portfolio, hedge against inflation, and protect your wealth in times of crisis. However, you need to be aware of the different ways to invest in gold and their pros and cons, and also keep track of the market movements and news that influence the gold prices.
