Gold Prices Rise Amid Escalating India-Pakistan Tensions: Check Rates In Major Cities On May 9
Gold Rate Today: India ranks as the world's second-largest consumer of gold, just behind China. To satisfy this strong demand, the country largely relies on imports, as domestically recycled gold accounts for only a small share of the total supply. Gold prices in India are influenced by a combination of global and local factors. Internationally, gold is traded in US dollars, so fluctuations in currency exchange rates and global economic trends have a direct impact on its price. A stronger dollar or major global financial events can cause noticeable shifts in gold rates. Domestically, import duties and taxes play a major role in determining the final cost of gold for Indian buyers. These levies can significantly inflate prices, especially due to India's dependence on imported gold. Despite price variations, gold remains a trusted store of value and a traditional safeguard 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 9,046 per gram for 22-karat gold and Rs 9,976 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 9,131 per gram for 22-karat gold and Rs 9,961 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 9,131 per gram for 22-karat gold and Rs 9,961 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 9,131 per gram for 22-karat gold and Rs 9,961 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 9,131 per gram for 22-karat gold and Rs 9,961 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 9,131 per gram for 22-karat gold and Rs 9,961 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 9,136 per gram for 22-karat gold and Rs 9,851 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 9,131 per gram for 22-karat gold and Rs 9,961 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 9,136 per gram for 22-karat gold and Rs 9,966 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 9,146 per gram for 22-karat gold and Rs 9,976 per gram for 24-karat gold (commonly known as 999 gold).
Prices of 22K and 24K gold in India have been steadily rising, reinforcing gold’s reputation as a reliable and enduring investment. Valued for its stability, gold remains a popular choice for investors seeking to protect their wealth and secure consistent long-term returns, especially during times of economic volatility and market instability.
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