Gold Price Today
The current gold rates in India, as of October 15, are presented. The rate for 24-carat gold is ₹12,889 per gram, while 22-carat gold is priced at ₹11,815
per gram. Furthermore, 18-carat gold is valued at ₹9,697 per gram. These figures represent the prevailing market prices for gold of different purities across the country. The price per gram varies based on the carat, with higher carat gold being more expensive due to its greater purity. This data is crucial for anyone looking to buy or sell gold in India.
City-Wise Rates
Gold prices in major Indian cities are also provided. These include Chennai, Bangalore, Hyderabad, Mumbai, and Delhi. While the exact price per gram might vary slightly depending on the city, the data presented gives a good indicator of the overall gold market scenario. Understanding the price variations across these metropolitan areas helps in making more informed decisions about gold transactions. The specific rates for each city were not provided, but the overall national rates serve as a valuable point of reference for anyone interested in the gold market in India.
Carat Breakdown
The article breaks down the gold prices according to the carat. The most common carats include 24, 22, and 18. Twenty-four-carat gold is the purest form, making it the most expensive. Twenty-two-carat gold contains a small amount of alloy, usually for added durability, making it slightly less expensive than the 24-carat variant. Eighteen-carat gold contains more alloy, lowering the price compared to the other two varieties. This detailed breakdown provides a clear understanding of the cost difference influenced by gold's purity and composition. The rates clearly show how the percentage of gold affects its market value.
