Gold Price Today – 14k, 18k and 24k gold in India
In India, gold has always been at the top of the investment list. Not just because its value continues to hold, but also because it is widely used as a cultural and ceremonial object. Keeping up with the gold price today in India is important for buyers, sellers, and investors alike. Just like following India news updates, tracking gold movements helps people stay informed. If you are planning to purchase jewellery, coins, or bars, you’ll want to stay considered with the gold rates.
Present Gold Prices in India
In India, gold prices change every day based on international gold prices, currency fluctuations, and local demand. Here is a brief summary as of now with the most common/purchased purities:
| Purity | Rate per Gram (INR) |
| 14k | 3,200 |
| 18k | 4,100 |
| 24k | 5,500 |
Note: The rates can vary slightly from city and jeweller.
Golden Price Influencers
Today’s gold price in India has several factors influencing its future price:
- Worldwide prices of gold: The global prices of gold in the international market influence Indian gold prices directly.
- Currency exchange rates: Gold is traded in INR, so any fluctuations from USD to INR will affect the total costs, including exchange fees.
- Demand and Supply: Demand from special occasions (festivals, weddings) and investment (gold/silver, mutual funds, etc.) may temporarily raise prices.
- Government policies: Taxes (e.g. GST) and import duties may also change the price paid at purchase.
Understanding these aspects of gold and factors will help common investors plan price movements and time their purchases better.
Gold rate trends and historical data
For additional details, please check out the Gold Rate Table located in our website, which highlights trends for Daily gold rates India, weekly, and monthly rates. It is also important for buyers to keep historical data, considering India’s long-term gold investment purposes. In addition, buyers can understand 14k rates compared to 18k and 24k rates for their more personal buying, whether for investment purposes or for a gifting occasion.
FAQs Regarding Gold Prices in India
Q1: What is the difference between 14k, 18k, and 24k gold?
The distinction is based on purity. 24k is pure gold, while 18k is made up of 75% gold and 14k is made of 58.5% gold and other metals.
Q2: Do gold prices fluctuate in different cities?
Yes, while gold prices are fairly consistent in India, there may be some discrepancies between cities due to local handling costs and taxes.
Q3: What month or day is the best time to buy gold in India?
Traditionally, the festival seasons of Diwali and Akshaya Tritiya have the most demand, but watching daily rates is the best way to assess the best time to purchase.
Q4: Is it worth investing in 14k or 18k gold?
While 24k is on the higher end of a resale value basis, both 14k and 18k are very durable and, therefore, make a great option for everyday wear or gifting.
