Home News Gold Rate Today: Investors’ first choice is still the first choice of gold rate on all time high of Deepawali

Gold Rate Today: Investors’ first choice is still the first choice of gold rate on all time high of Deepawali

by Live India
Gold Rate Today: Investors' first choice is still the first choice of gold rate on all time high of Deepawali

Gold Rate Today: Gold is increasing day by day. At the time of Diwali, people have come near and people are going to start shopping for gold but their prices are on their all time high.

Gold Rate Today : The auspicious festival of Deepawali has come near. People have started shopping. Gold shopping is also considered very auspicious on this special occasion. But the prize of gold is increasing day by day. It is on its all time high. Globally saw a tremendous jump in gold prices amid uncertainties globally and reduction in possible interest rates from the US Fed.

Gold is the first choice of investor

Prices are almost the same in metros like Delhi and Mumbai. Even today, gold remains the favorite option of investment for people. Gold is not only a source of investment in India, but it also has cultural and auspicious significance. When there is a period of inflation in the market and the risk in the stock market is high, investors often consider gold as safe investment.

Learn the condition of your city here

Today, 24 carat gold in the national capital Delhi is Rs 1,28,740 while the price of 22 carat gold is Rs 1,18,604 and 18 carat gold is priced at Rs 97,040. At the same time, 24 carat gold is being sold in Chennai at the rate of Rs 1,22,877, 22 carat gold at Rs 1,13,202 and 18 carat gold at the rate of Rs 92,621.

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Gold is being sold in these cities at these prices

At the same time, in Kolkata, the prize of 24 carat gold is being sold at Rs 1,26,744, 22 carat gold, Rs 1,16,765, while 18 carat gold is being sold at a price of Rs 95,536. In the financial capital Mumbai, 10 grams 24 carat gold is being sold at Rs 1,28,366, 22 carat gold at Rs 118,259, 18 carat gold at the rate of Rs 96,758.

This is how the gauld rate is

Most of the gold in India is imported from abroad. Customs, GST and other local tax apply on imported gold, which increases their prices. At the same time, in addition, when uncertainty increases globally, investors choose gold as safe investment.

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