Gold Price Today: Gold prices in India have shown a sharp decline today after several days of continuous gains. This change is crucial for both investors and buyers, as gold is not just a precious metal used for jewelry but also a trusted and safe investment option.
Gold Prices Fall Sharply Today
After consistent gains, gold rates in India dropped significantly today. As of now, 24-carat gold is priced at ₹12,508 per gram, while 22-carat gold stands at ₹11,465 per gram, and 18-carat gold at ₹9,381 per gram.
Let’s take a look at the detailed price chart:
24 Carat Gold Price (Today)
- 1 gram: ₹12,508 (↓ ₹81)
- 10 grams: ₹1,25,080 (↓ ₹810)
- 100 grams: ₹12,50,800 (↓ ₹8,100)
22 Carat Gold Price (Today)
- 1 gram: ₹11,465 (↓ ₹75)
- 10 grams: ₹1,14,650 (↓ ₹750)
- 100 grams: ₹11,46,500 (↓ ₹7,500)
18 Carat Gold Price (Today)
- 1 gram: ₹9,381 (↓ ₹61)
- 10 grams: ₹93,810 (↓ ₹610)
- 100 grams: ₹9,38,100 (↓ ₹6,100)
Gold Prices Across Major Indian Cities
Gold prices vary slightly across Indian cities due to differences in taxes and transportation costs.
- Chennai, Mumbai, Kolkata, Bengaluru, Hyderabad, Kerala, Pune:
- 24K Gold – ₹12,546 per gram
- 22K Gold – ₹11,500 per gram
- Delhi:
- 24K Gold – ₹12,603 per gram
- 22K Gold – ₹11,480 per gram
- Vadodara & Ahmedabad:
- 24K Gold – ₹12,513 per gram
- 22K Gold – ₹11,470 per gram
Why Are Gold Prices Falling?
Experts believe that the recent drop in gold prices is mainly due to:
- Stronger U.S. Dollar in global markets
- Stability in crude oil prices
- Profit booking by investors after the recent rally
- Reduced festive demand in domestic markets
These factors combined have caused a mild correction in gold prices today.
Is Gold Still a Good Investment?
Yes, gold remains one of the safest and most reliable investment options. It rarely loses value completely and often rises when the stock market or the Indian rupee weakens.
- Short-term investors can consider Digital Gold or Gold ETFs.
- Long-term investors should look at Sovereign Gold Bonds (SGBs) or physical gold.
Gold offers high liquidity — you can easily sell it for cash when needed — making it a smart choice for both safety and returns.
Bottom Line
Today’s fall in gold prices comes as an important signal for investors. While gold has been hitting new highs recently, market analysts believe that demand will likely increase in the coming months, potentially driving prices up again.
