Gold prices in India show marginal movement on Sunday, December 28, compared to the previous session. The current rates stand at Rs 14,122 per gram for
24 karat gold, Rs 12,945 per gram for 22 karat gold, and Rs 10,592 per gram for 18 karat gold, as per the data from Goodretuns. Recent sessions have reflected mild volatility, with only minimal changes observed across purity levels. Overall, prices have remained largely steady, offering some stability for both investors and jewellery buyers. Gold continues to stand out as a trusted financial refuge, especially during periods marked by inflationary pressure and unpredictable market swings. For generations, this precious metal has been valued not just for its beauty, but for its ability to protect wealth when other assets falter. Even today, gold remains a cornerstone of long-term investment strategies, particularly in India, where demand is deeply rooted in culture, tradition, and financial planning. Why Gold Remains A Preferred Safe Haven Over centuries, gold has earned its reputation as a dependable store of value. Unlike paper assets, it does not erode easily during economic downturns. Investors often turn to gold to balance portfolios when equities become volatile or when inflation threatens purchasing power. Its universal acceptance and limited supply further strengthen its appeal during uncertain economic phases. City-Wise Gold Prices At A Glance Gold prices across major Indian cities show a slight regional variation today. Chennai records the highest rates, with 24K gold priced at Rs 14,182 per gram, 22K at Rs 13,000, and 18K at Rs 10,850. Mumbai, Kolkata, Bangalore, Hyderabad, Kerala, and Pune are largely aligned, each quoting 24K gold at Rs 14,122 per gram, 22K at Rs 12,945, and 18K at Rs 10,592. In the national capital, Delhi, gold is marginally higher at Rs 14,137 for 24K, Rs 12,960 for 22K, and Rs 10,607 for 18K gold per gram. Vadodara also reflects a slight premium, with 24K gold at Rs 14,127, 22K at Rs 12,950, and 18K at Rs 10,597 per gram, underscoring minor price differences driven by local market factors. What Drives Gold Prices In India? Multiple global and domestic factors influence gold pricing. International gold trends, fluctuations in the US Dollar, and interest rate movements all play a role. Locally, seasonal demand, especially during festivals and wedding seasons, can push prices higher. Together, these factors create daily shifts that buyers must monitor closely. Silver Prices Alongside Gold Silver also remains on investors’ radar. Currently priced at Rs 251 per gram and Rs 2,51,000 per kilogram, silver is often chosen for its affordability and industrial demand. Beyond jewellery, silver’s extensive use in manufacturing and technology significantly impacts its price movements, making it sensitive to global economic activity.
