Gold Prices Today
On October 31st, the price of gold in India saw specific values based on its purity. For 24-karat gold, the rate was ₹12,268 per gram. Those looking at 22-karat
gold found it priced at ₹11,245 per gram, while 18-karat gold was available at ₹9,201 per gram. These rates are crucial for anyone considering buying or selling gold, ensuring they have the latest market information to make informed decisions. Knowing the per-gram prices allows buyers and sellers to gauge the value of their gold holdings accurately and compare it with the prevailing market conditions across various cities.
City-Specific Rates
Gold prices are subject to change, and vary across different Indian cities. The provided data highlights rates in major cities such as Chennai, Mumbai, Delhi, Kolkata, and others. The per-gram values give a specific view of the market at the time, helping consumers in these areas understand how the prices are affecting the market in their respective region. Checking the current values in these cities is important since they provide a better understanding of the dynamics of the local gold markets.
Carat-Wise Gold Values
Gold is available in several purity levels, where the carat indicates the proportion of gold in an item. The market typically deals with three main carat levels: 18, 22, and 24 carats. 24-karat gold is considered the purest form, and thus, it generally commands the highest price per gram. The rates for each carat level on October 31st offer immediate references for gold buyers and sellers to understand the current price per gram of each gold variety. These values will help anyone to make informed investment or purchase decisions.
Gold Rate Comparisons
Understanding the price differences between 18, 22, and 24-karat gold is essential for making informed decisions. The data from October 31st shows the distinct price points for each purity level, aiding buyers in determining the best value for their money. For example, 24-karat gold is the purest, usually priced higher per gram than 22 or 18-karat gold. The rate differences reflect the gold content in each product, which informs both purchasing and selling decisions, allowing for the best possible deal based on purity and budget.
