Gold Prices Down in Early Hours of Spot Trading Today in India

Gold prices in India fell by as much as INR 820 per 10 grams of 24 Karat and INR 750 per 10 grams of 22 Karat in the early hours of spot trading. This is much in line with the estimations expressed by market experts. They expected a price correction in the first two months, leading up to a year. Yearly, gold prices in India are expected to fall by as much as 30%. They reasoned that gold had achieved a peak and a correction was on the cards. Today‘s fall in gold prices across several Indian cities is consistent with the estimates. Let’s quickly run through the gold price today in India

So, What is the Gold Price Today?

Gold prices have fallen across different weights. The per gram gold price stands at INR 9,987, falling from INR 10,069, registering a decline of INR 82. Lets check out the table below to know the gold price per gram today, along with that of other weights across both 24 Karat and 22 Karat categories.

24 Karat Gold Prices in India Today

Gold Rate Today in India for 22 Karat

Gold Price Today in India Across Different Cities

Yes, you heard it right! Gold prices in India may vary across different cities based on the local trading market, its dynamics, overall volume, etc. Although the change percentage might not be significant, as an investor, you should know the different prices to make the right investment call. But has the rate changed today across different cities? Dont be in doubt, as we bring to you the gold price today in India across different cities.

Conclusion

Gold price today in India has fallen in the early hours of trading across local spot markets. The demand for the yellow metal is still buoyant, however, price ups or corrections will happen. As the global political and economic environment remains uncertain amid the Israel-Iran conflict, gold will still be the preferred asset class for most investors.