Today Gold Rate: Gold has been considered a safe-haven for investing in India since centuries, hence, Indians very much rely over the yellow metal for security their hard-earned money. But before investing money in anything, one should have a thorough knowledge of it. Therefore, you would know the price of gold (Today Gold Rate). You will also get to know that at which price the gold is being sold in various cities and states. So, if you are thinking of investing in gold than you will get the complete information.
If you are not aware of the right price of gold than you could even face a loss while purchasing gold. Hence, you are suggested to read this article thoroughly because prices of gold keep changing everyday in India. In our country, gold prices keep fluctuating and a slump in its rates always makes people happy.
In this post you will get know the gold prices of each and every day. For the benefit of our readers, today gold rate has also been updated in this post.
A total of three varieties of gold are available in India market for sell — 18 carat, 22 carat and 24 carat. The 22 carat gold comes with up to 91% of purity with jink and copper in the remaining 9%. While the 24 carat gold comes with 99.9% purity, hence, it is costly than other two variants.
18 Carat Today Gold Rate
Today on February 29, 2024, the price of 18 carat gold in New Delhi is ₹47,660 (per 10 grams).
| Gram | 18 Carat Today Gold Rate |
| 1 Gram | ₹4,766 |
| 10 Grams | ₹47,660 |
| 100 Grams | ₹4,76,600 |
22 Carat Today Gold Rate
The price of 22 Carat Gold today on February 29 in New Delhi is ₹5,8250 (per 10 grams).
| Gram | 22 Carat Today Gold Rate |
| 1 Gram | ₹5,825 |
| 8 Grams | ₹46,600 |
| 10 Grams | ₹58,250 |
| 100 Grams | ₹5,82,500 |
24 Carat Today Gold Rate
The price of 24 Carat Gold today on February 29 in New Delhi is ₹63,380 (per 10 grams).
| Gram | 24 Carat Today Gold Rate |
| 1 Gram | ₹6,353 |
| 8 Grams | ₹50,824 |
| 10 Grams | ₹63,530 |
| 100 Grams | ₹6,35,300 |
Know gold rates in your city
Here’s the information about the prices of 24 carat and 22 carat gold in major cities of India on February 29, 2024.
| City | 24 carat gold price (10 Grams) | 22 carat gold price (10 Grams) |
| New Delhi | ₹63,380 | ₹59,410 |
| Amritsar | ₹63,530 | ₹59,660 |
| Chandigarh | ₹63,530 | ₹59,660 |
| Mumbai | ₹63,440 | ₹59,550 |
| Chennai | ₹63,440 | ₹59,470 |
| Hyderabad | ₹63,420 | ₹59,490 |
| Bhopal | ₹63,460 | ₹59,530 |
| Jaipur | ₹63,340 | ₹59,310 |
| Kanpur | ₹63,340 | ₹59,310 |
| Kerala | ₹63,360 | ₹59,330 |
| Kolkata | ₹63,400 | ₹59,380 |
| Tirupati | ₹63,380 | ₹59,400 |
| Nagpur | ₹63,440 | ₹59,450 |
| Gurugram | ₹63,440 | ₹59,450 |
| Ahmedabad | ₹63,420 | ₹59,430 |
Gold Rates In Other Countries
Gold is the most sought-after metal in many other countries besides Indian. Hence, below we have given information about the prices of gold other countries.
| Country | 22 Carat Gold Rate (10 Grams) | 24 Carat Gold Rate (10 Grams) |
| Kuwait | ₹51,918 | ₹54,742 |
| Singapore | ₹51,485 | ₹57,124 |
| Dubai | ₹50,631 | ₹54,652 |
| United States | ₹50,770 | ₹54,932 |
| Qatar | ₹52,258 | ₹55,453 |
| Muscat | ₹52,441 | ₹54,820 |
| Oman | ₹52,441 | ₹54,820 |
How gold rates change in India?
Gold is a financial asset but its prices keep changing. Its prices keep going up and down. We must tell you that gold is considered a gold investment options across the world besides India which makes it an in-demand metal always. Demand is the major factors that affect gold’s prices, but there are other aspects as well that influence gold prices.
Less supply and high demand push gold prices up. Similarly, a low demand causes drop in prices. As we all know that during the festival and wedding season in India gold demand increases and that is the time when its prices remain high.
Besides demand, here are some other factors that influence gold prices.
Inflation: Rising inflation devalues currency in any country. Therefore, people like to convert their money into gold because in this situation gold prices go up.
Interest Rate: Whenever banks increase interest rate people try to grab the opportunity and they use to sell gold and invest that money in banks to get high interest. In this situation gold prices go down. Similarly, when banks decrease interest rates than people prefer to invest in gold.
Gold reserves: The government of every country has a gold reserve. If the government sell gold from it and its demand goes up than prices jump. However, the Indian government has maintained its gold reserve at this time.
These are some big reasons that affect gold prices.
How to buy gold?
Buying gold is very easy in today’s world. If you want to buy physical gold, you can visit any nearby gold merchant and buy it from there.
Apart from this, if you are willing to buy digital gold than many online platforms including — Zerodha, Groww etc. are available in the market.
If you want to keep the gold with yourself than you will have to visit the gold merchant’s shop. The physical is generally available in many forms like gold coins, gold bars, gold ornaments. Also if you are buying gold from a shop than you must ask for the gold certificate.
Frequently Asked Questions: Today Gold Rate
What is the gold rate in Ludhiana today?
Today the price of 24 carat gold in Ludhiana is ₹61,950 per 10 grams.
What is the gold rate in Madhya Pradesh (MP) today?
Today the price of 24 carat gold in Madhya Pradesh is ₹63,110 per 10 grams.
What is the gold rate in Bihar today?
Today the price of 24 carat gold in Bihar is ₹63,230 per 10 grams.
What is the gold rate in Varanasi today?
Today the price of 24 carat gold in Varanasi is ₹63,230 per 10 grams.
What is the gold rate in Karnal today?
Today the price of 24 carat gold in Karnal is ₹63,180 per 10 grams.
What is the gold rate in Haridwar today?
Today the price of 24 carat gold in Haridwar is ₹63,205 per 10 grams.
What is the gold rate in Ambala today?
Today the price of 24 carat gold in Ambala is ₹63,205 per 10 grams.
What is the gold rate in Sonipat today?
Today the price of 24 carat gold in Sonipat is ₹63,180 per 10 grams.
