Gold Rate Today (May 5): Check Out Gold Prices In Delhi, Mumbai, Bengaluru, Ahmedabad, More Cities
Gold Rate Today: India is the world’s second-largest gold consumer, surpassed only by China. To meet its high demand, the country depends mainly on imports, as recycled gold from within India contributes only a small portion to overall supply. The price of gold in India is shaped by a mix of international and local factors. Globally, gold is traded in US dollars, which means its price is directly influenced by changes in currency exchange rates and shifts in the global economy. Any movement in the strength of the dollar or major global economic events can lead to fluctuations in gold prices. On the domestic front, import duties and taxes significantly affect how much Indian consumers pay for gold. These charges can raise the price considerably, given India’s heavy reliance on imported gold. Gold continues to be seen as a reliable store of value and a traditional hedge against inflation.
Here Are The Latest Gold Rates Across 10 Major Cities In India:
Gold Rate In Delhi Today
The current gold rates in Delhi stand at Rs 8,790 per gram for 22-karat gold and Rs 9,588 per gram for 24-karat gold (commonly known as 999 gold).
Gold Rate In Chennai Today
The current gold rates in Chennai stand at Rs 8,775 per gram for 22-karat gold and Rs 9,573 per gram for 24-karat gold (commonly known as 999 gold).
Gold Rate In Bengaluru Today
The current gold rates in Bengaluru stand at Rs 8,775 per gram for 22-karat gold and Rs 9,573 per gram for 24-karat gold (commonly known as 999 gold).
Gold Rate In Mumbai Today
The current gold rates in Mumbai stand at Rs 8,775 per gram for 22-karat gold and Rs 9,573 per gram for 24-karat gold (commonly known as 999 gold).
Gold Rate In Pune Today
The current gold rates in Pune stand at Rs 8,775 per gram for 22-karat gold and Rs 9,573 per gram for 24-karat gold (commonly known as 999 gold).
Gold Rate In Kolkata Today
The current gold rates in Kolkata stand at Rs 8,775 per gram for 22-karat gold and Rs 9,573 per gram for 24-karat gold (commonly known as 999 gold).
Gold Rate In Ahmedabad Today
The current gold rates in Ahmedabad stand at Rs 8,780 per gram for 22-karat gold and Rs 9,578 per gram for 24-karat gold (commonly known as 999 gold).
Gold Rate In Hyderabad Today
The current gold rates in Hyderabad stand at Rs 8,775 per gram for 22-karat gold and Rs 9,573 per gram for 24-karat gold (commonly known as 999 gold).
Gold Rate In Indore Today
The current gold rates in Indore stand at Rs 8,780 per gram for 22-karat gold and Rs 9,578 per gram for 24-karat gold (commonly known as 999 gold).
Gold Rate In Lucknow Today
The current gold rates in Lucknow stand at Rs 8,790 per gram for 22-karat gold and Rs 9,588 per gram for 24-karat gold (commonly known as 999 gold).
Prices of 22K and 24K gold have been on a steady upward trend in India, further cementing gold’s status as a trusted and resilient investment. Known for its stability, gold continues to attract investors looking to preserve wealth and achieve steady long-term returns, particularly in periods of economic uncertainty and market fluctuations.
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