On August 18th, the price of gold in India dipped slightly. Let's dive into the details, examining the rates for both 24-carat and 22-carat gold across
major cities.
Gold's August Dip
On August 18th, the price of gold in India dipped. The 24-carat gold price fell below Rs 1,02,000 per 10g. In Mumbai, the price was Rs 1,01,170 per 10g. A slight adjustment, but every rupee counts for those planning investments!
Mumbai's Gold Rate
Mumbai's gold price on August 18th was Rs 1,01,170 per 10g. From Bandra to Borivali, this rate directly impacts local buyers. The price change is a crucial factor for everyone in Mumbai eyeing to buy gold.
Factors Affecting Gold
Several factors influence gold prices. Global market trends, currency fluctuations, and local demand play a role. Understanding these influences is key for savvy investors, helping them navigate the golden market.
22kt, 24kt Rates
The article provides the rates for both 22kt and 24kt gold across key Indian cities. These rates allow buyers to compare prices and make informed decisions depending on their needs. Keep an eye on those rates!
