Gold prices in India have seen an upward trend recently, reflecting a mix of global factors and domestic demand. Here's a look at the current rates for 24K and 22K gold in major cities.
Current Gold Rates (October 7, 2025)
- 24K Gold: Approximately ₹12,077 per gram.
- 22K Gold: Approximately ₹11,070 per gram.
These rates are indicative and may vary slightly depending on the jeweler, location, and any making charges. Also, these rates do not include GST, TCS, and other levies.
City-Specific Gold Rates (per gram)
| City | 24K Gold | 22K Gold | | ----------- | -------- | -------- | | Chennai | ₹12,137 | ₹11,125 | | Delhi | ₹12,092 | ₹11,085 | | Kolkata | ₹12,077 | ₹11,070 | | Mumbai | ₹12,077 | ₹11,070 |
Factors Influencing Gold Prices
Several factors influence the price of gold in India:
- Global Market Trends: Gold prices are affected by international market trends, including supply chain disruptions, demand, currency fluctuations, and geopolitical tensions.
- Inflation: Rising inflation often leads to increased gold prices, as investors see gold as a hedge against inflation.
- Demand: Demand for gold in India is influenced by seasonal factors (like the wedding season) and festivals, which can drive prices higher.
- Supply: Changes in the supply of gold can also affect prices. If gold mining companies increase their production costs, the rate of gold also increases.
- International Relations: Global economic instability and international relations also dictate gold prices.
Gold as an Investment
Gold has long been considered a safe and valuable investment in India, playing a significant role in Indian culture and the economy. It is often seen as a symbol of prosperity and security and is an integral part of weddings, festivals, and other important life events.
Many investors are also increasingly trading gold as a commodity and investing in gold-based derivatives through stock exchanges. Gold can also be used to avail low-interest loans.
Understanding Gold Purity
Gold purity is measured in karats. 24-karat gold is the purest form, containing 99.9% gold. Lower karat gold contains a mix of gold and other metals. For example, 22-karat gold is 91.6% pure.
