Gold price today: How much 24K, 22K and 18K gold costs today? Check rates for your city - The Times of India
Gold prices in India showed mixed movement today as rates for 24K, 22K, and 18K gold varied across major cities. The precious metal continues to attract attention from investors and jewellery buyers amid global economic uncertainty and fluctuating currency trends. Prices are influenced by international gold rates, the strength of the US dollar, inflation expectations, and domestic demand. In metro cities such as Delhi, Mumbai, Chennai, Kolkata, and Bengaluru, gold rates remain slightly different due to local taxes, transportation costs, and jeweller margins. While 24K gold is preferred for investment because of its high purity, 22K gold remains the top choice for jewellery purchases. Meanwhile, 18K gold is commonly used in lightweight and designer ornaments. Market experts advise buyers to track daily gold price movements before making purchases, especially during wedding and festive seasons, when demand usually rises. Long-term investors continue to see gold as a reliable hedge against inflation.
The Key points
- Gold prices changed slightly across Indian cities today
- Rates differ for 24K, 22K, and 18K gold purity
- 24K gold is mainly used for investment purposes
- 22K gold remains popular for jewellery buying
- 18K gold suits modern and designer ornaments
- City-wise prices vary due to local charges and taxes
- Global market trends impact domestic gold rates
- US dollar movement influences gold pricing
- Wedding season demand supports gold purchases
- Gold remains a trusted long-term investment option
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