Mumbai, October 31: Gold prices have been fluctuating daily, with the yellow metal breaching past the INR 82,000 per 10 grams mark in Delhi for the first time on Wednesday, October 30, after witnessing a surge of INR 1,000. The All India Sarafa Association said that the yellow metal of 99.9 percent purity soared by INR 1,000 and hit a fresh peak of INR 82,400 per 10 grams in Delhi. Having said that, it must be noted gold prices have recorded a 35 per cent surge since October 29 last year when it was at INR 61,200 per 10 grams.
The festivals of Dhanteras and Diwali have also contributed to the surge in gold prices. According to Good Returns, the yellow metal is priced at INR 7,441 per gram for 22-karat gold and INR 8,117 per gram for 24-karat gold. On the other hand, the price of 18-karat gold is INR 6,088 per gram. Besides gold, silver prices have also surged, with per-gram silver priced at INR 100.10 and INR 1,00,100 per kilogram. Scroll down below to know the prices of gold in Mumbai, Delhi, Kolkata, Ahmedabad, Lucknow, Jaipur, Hyderabad, etc. What Is Digital Gold? How To Buy It Online in India? All About Investing in Digital Gold Ahead of Diwali and Dhanteras 2024.
Check Prices of Gold (Per Gram) in Metro Cities Today
City | 22 Carat Gold Rate on October 31 | 24 Carat Gold Rate on October 31 |
Delhi | INR 7,456 | INR 8,132 |
Mumbai | INR 7,441 | INR 8,117 |
Ahmedabad | INR 7,446 | INR 8,122 |
Chennai | INR 7,441 | INR 8,117 |
Kolkata | INR 7,441 | INR 8,117 |
Gurugram | INR 7,456 | INR 8,132 |
Lucknow | INR 7,456 | INR 8,132 |
Bengaluru | INR 7,441 | INR 8,117 |
Jaipur | INR 7,456 | INR 8,132 |
Patna | INR 7,446 | INR 8,122 |
Bhubaneshwar | INR 7,441 | INR 8,117 |
Hyderabad | INR 7,441 | INR 8,117 |
Although gold prices have surged past INR 82,000 per 10 grams, the demand to buy yellow metal, especially during festivals such as Dhanteras, Diwali, and the wedding season, has remained strong. Despite higher gold prices, consumers across the country still consider gold an important investment. While traditional and conservative buyers prefer buying physical gold, others have switched to digital gold as the yellow metal continues to hold symbolic significance.
(The above story first appeared on LatestLY on Oct 31, 2024 09:30 AM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).