Gold prices have once again moved upward in India, bringing a fresh wave of attention from investors and wedding-season shoppers. Both 22-carat and 24-carat gold rates have increased compared to yesterday, driven by strong global demand, fluctuations in the dollar index and changes in international market sentiment. With higher domestic demand in cities across India, today’s gold rate is showing a clear upward trend.
Today’s 22 Carat Gold Rate Sees a Noticeable Jump
22-carat gold, commonly purchased for jewellery, recorded a significant price rise today. The average national rate is now around ₹11,500 per gram, depending on the city. Major metro cities and states like Gujarat, Maharashtra, Delhi and Karnataka have seen steady upward movement. With the wedding season approaching, demand for 22K jewellery has increased sharply, contributing to today’s price hike.
24 Carat Gold Prices Move Higher Across India
The price of 24-carat gold, popularly used for investment in the form of coins and bars, has also increased today. The national average for 24K gold is now around ₹12,500 per gram. As global uncertainty pushes more investors toward safe-haven assets like gold, the premium on 24-carat purity continues to rise. This increase signals a strong investment trend ahead of the festive period.
City-Wise Gold Price Update
Major cities across India witnessed similar movements in today’s gold rate. In Ahmedabad, Surat, Delhi, Mumbai, Bengaluru and Chennai, the price of 22-carat gold hovered between ₹11,450 and ₹11,550 per gram. Meanwhile, 24-carat gold touched the range of ₹12,450 to ₹12,550 per gram. Local taxes, transportation costs and market demand contribute to slight variations in pricing between cities.
Why Gold Prices Increased Today
Global economic uncertainty, falling dollar strength and rising international gold demand have boosted today’s gold prices. International investors are shifting their portfolios toward safer assets due to recession fears in developed countries. As a result, Indian gold prices have also climbed in response to higher global market rates. Domestic demand, especially ahead of wedding and festival seasons, adds further pressure on daily gold prices.
Is It the Right Time to Buy Gold?
With gold becoming costlier every few days, buyers are closely tracking market movement. Those planning jewellery purchases for weddings or festivals may benefit from early buying before further price hikes. Investors looking for long-term gains often consider 24-carat gold a stable option, especially during periods of economic instability. Price fluctuations in the coming days will depend on global inflation, central bank policies and international gold futures.
Conclusion: Today’s rise in gold prices highlights the ongoing volatility in both domestic and international markets. With 22-carat and 24-carat gold becoming more expensive, buyers must monitor daily updates to make informed decisions. Whether for jewellery or investment, checking the latest city-wise rates is essential before making a purchase.
Disclaimer: This article provides general market information. Gold prices change frequently based on local market conditions. Always verify the latest rates with your city’s jewellery shops or official gold price boards before buying.
