Gold Rate Today

Today's Gold Rate in India Price updated 20th January 2019 discern Gold Rate in India for 24 karat and 22 karat gold. Identify Gold rate across India in rupees per gram as well as per 8 grams. Discover accurate Gold rate which are verified and updated up to this minute. Perceive all essential details and latest updates on Gold rate across India in a jiffy.
Last Modified :19-01-2019

Gold Rate 1Gram - 22 & 24 Carat Price India INR 19th January 2019

Location22k (Standard Gold)Change24k (Pure Gold)Change
Bangalore ₹ 3,054 NIL ₹ 3,203 NIL
Chennai ₹ 3,108 NIL ₹ 3,258 NIL
Delhi ₹ 3,178 NIL ₹ 3,340 NIL
Hyderabad ₹ 3,106 NIL ₹ 3,259 NIL
Kerala ₹ 3,026 NIL ₹ 3,178 NIL
Kolkata ₹ 3,201 NIL ₹ 3,362 NIL
Mumbai ₹ 3,167 NIL ₹ 3,329 NIL
Agra ₹ 3,178 NIL ₹ 3,338 NIL
Ahmedabad ₹ 3,187 NIL ₹ 3,340 NIL
Allahabad ₹ 3,183 NIL ₹ 3,338 NIL
Aurangabad ₹ 3,170 NIL ₹ 3,328 NIL
Bareilly ₹ 3,177 NIL ₹ 3,336 NIL
Belgaum ₹ 3,056 NIL ₹ 3,207 NIL
Bhubaneshwar ₹ 3,205 NIL ₹ 3,365 NIL
Chandigarh ₹ 3,183 NIL ₹ 3,336 NIL
Coimbatore ₹ 3,105 NIL ₹ 3,262 NIL
Cuttack ₹ 3,203 NIL ₹ 3,367 NIL
Dehradun ₹ 3,176 NIL ₹ 3,336 NIL
Faridabad ₹ 3,179 NIL ₹ 3,335 NIL
Ghaziabad ₹ 3,178 NIL ₹ 3,341 NIL
Gurgaon ₹ 3,179 NIL ₹ 3,336 NIL
Guwahati ₹ 3,200 NIL ₹ 3,360 NIL
Indore ₹ 3,172 NIL ₹ 3,326 NIL
Jabalpur ₹ 3,170 NIL ₹ 3,329 NIL
Jaipur ₹ 3,184 NIL ₹ 3,346 NIL
Jalgaon ₹ 3,171 NIL ₹ 3,332 NIL
Jammu ₹ 3,176 NIL ₹ 3,340 NIL
Jamnagar ₹ 3,186 NIL ₹ 3,344 NIL
Jamshedpur ₹ 3,206 NIL ₹ 3,366 NIL
Jodhpur ₹ 3,184 NIL ₹ 3,342 NIL
Kanpur ₹ 3,178 NIL ₹ 3,342 NIL
Kochi ₹ 3,031 NIL ₹ 3,183 NIL
Kolhapur ₹ 3,172 NIL ₹ 3,328 NIL
Kota ₹ 3,184 NIL ₹ 3,345 NIL
Lucknow ₹ 3,181 NIL ₹ 3,338 NIL
Ludhiana ₹ 3,179 NIL ₹ 3,338 NIL
Madurai ₹ 3,101 NIL ₹ 3,258 NIL
Malappuram ₹ 3,028 NIL ₹ 3,180 NIL
Mangalore ₹ 3,053 NIL ₹ 3,204 NIL
Meerut ₹ 3,179 NIL ₹ 3,337 NIL
Mysore ₹ 3,051 NIL ₹ 3,208 NIL
Nagpur ₹ 3,171 NIL ₹ 3,326 NIL
Nanded ₹ 3,172 NIL ₹ 3,327 NIL
Nasik ₹ 3,171 NIL ₹ 3,325 NIL
Noida ₹ 3,182 NIL ₹ 3,340 NIL
Panaji ₹ 3,049 NIL ₹ 3,202 NIL
Patna ₹ 3,201 NIL ₹ 3,366 NIL
Pondicherry ₹ 3,106 NIL ₹ 3,258 NIL
Pune ₹ 3,171 NIL ₹ 3,328 NIL
Raipur ₹ 3,171 NIL ₹ 3,328 NIL
Rajkot ₹ 3,185 NIL ₹ 3,340 NIL
Ranchi ₹ 3,205 NIL ₹ 3,367 NIL
Ratlam ₹ 3,168 NIL ₹ 3,328 NIL
Sangli ₹ 3,171 NIL ₹ 3,330 NIL
Shimla ₹ 3,176 NIL ₹ 3,337 NIL
Siliguri ₹ 3,204 NIL ₹ 3,364 NIL
Solapur ₹ 3,169 NIL ₹ 3,328 NIL
Srinagar ₹ 3,181 NIL ₹ 3,337 NIL
Surat ₹ 3,183 NIL ₹ 3,344 NIL
Thane ₹ 3,173 NIL ₹ 3,330 NIL
Tiruchirapalli ₹ 3,102 NIL ₹ 3,259 NIL
Udaipur ₹ 3,182 NIL ₹ 3,344 NIL
Udupi ₹ 3,050 NIL ₹ 3,206 NIL
Vadodara ₹ 3,183 NIL ₹ 3,342 NIL
Varanasi ₹ 3,182 NIL ₹ 3,335 NIL
Vijayawada ₹ 3,106 NIL ₹ 3,258 NIL
Visakhapatnam ₹ 3,107 NIL ₹ 3,258 NIL
Warangal ₹ 3,106 NIL ₹ 3,258 NIL
Aligarh ₹ 3,179 NIL ₹ 3,337 NIL
Ambala ₹ 3,182 NIL ₹ 3,337 NIL
Amravati ₹ 3,173 NIL ₹ 3,330 NIL
Bellary ₹ 3,050 NIL ₹ 3,204 NIL
Bhilai ₹ 3,171 NIL ₹ 3,329 NIL
Bhopal ₹ 3,170 NIL ₹ 3,328 NIL
Dindigul ₹ 3,105 NIL ₹ 3,258 NIL
Erode ₹ 3,103 NIL ₹ 3,261 NIL
Gulbarga ₹ 3,051 NIL ₹ 3,202 NIL
Guntur ₹ 3,106 NIL ₹ 3,260 NIL
Haldwani ₹ 3,181 NIL ₹ 3,341 NIL
Hisar ₹ 3,183 NIL ₹ 3,340 NIL
Hosur ₹ 3,108 NIL ₹ 3,262 NIL
Kakinada ₹ 3,102 NIL ₹ 3,262 NIL
Kannur ₹ 3,031 NIL ₹ 3,181 NIL
Karnal ₹ 3,181 NIL ₹ 3,341 NIL
Karur ₹ 3,106 NIL ₹ 3,261 NIL
Kozhikode ₹ 3,033 NIL ₹ 3,184 NIL
Kurnool ₹ 3,104 NIL ₹ 3,259 NIL
Nagercoil ₹ 3,105 NIL ₹ 3,256 NIL
Nellore ₹ 3,105 NIL ₹ 3,257 NIL
Proddatur ₹ 3,103 NIL ₹ 3,263 NIL
Rajahmundry ₹ 3,101 NIL ₹ 3,262 NIL
Salem ₹ 3,102 NIL ₹ 3,262 NIL
Shimoga ₹ 3,055 NIL ₹ 3,206 NIL
Thanjavur ₹ 3,106 NIL ₹ 3,260 NIL
Thiruvananthapuram ₹ 3,026 NIL ₹ 3,178 NIL
Thrissur ₹ 3,031 NIL ₹ 3,177 NIL
Tirunelveli ₹ 3,103 NIL ₹ 3,261 NIL
Tuticorin ₹ 3,103 NIL ₹ 3,258 NIL
Vellore ₹ 3,107 NIL ₹ 3,258 NIL

Latest Gold News and Gold Updates for the Week

Trend of Gold Rate in India

In India, demand for Gold, a precious metal has been increasing day by day. Gold is not only considered as highly auspicious, but also a matter of pride and prestige. Gold Rate play a vital role in influencing the demand for gold in India. Gold rate fluctuates according to market conditions and availability. In 1965, the average price of 10 grams of gold was Rs. 71.75, now it has been increased up to 400 times. Grasp Gold Rate accurately from this page.

22 Karat Gold Rate VS 24 Karats

Karat refers to the purity of gold. 24 Karat (24K) gold is considered as pure gold, i.e. 100% gold. 22 Karat (22 K) consists of some portion alloy mixed with gold, which means, 91.7% of the composition is pure gold and the remaining is alloy in 22K Gold. In order to make ornaments, it is very difficult to use 24K pure gold because it is very soft in nature. Thus gold is mixed with other metals like copper and silver (which is 22 K gold) for making ornaments. Pure Gold (24 K) is always slightly higher in price when compared to Standard Gold (22 K). Grab exact Gold Rate for both 24 K and 22 K gold from this page.

Determining factors of Gold Rate

Gold rate is determined by the following factors:
1) Value of Indian Rupee - If the Indian Rupee slides against the US Dollar, Gold rate in India per gram becomes expensive.
2) Central Bank Reserves - Reserve Bank of India hold paper currencies and gold in reserves. Recently, RBI has started buying more gold than selling, to diversify its monetary reserves. This increases the prices of gold.
3) Global price changes - India is one of the largest importers of gold. When the import prices change due to global movement in price, the same is subsequently reflected in the Gold Price
4) High Demand for Gold - Also demand plays an important role in determining the Gold rate. If the demand for gold increases, gold rate also rises and vice versa.
5) Interest rates: Usually gold prices increases with decrease in the interest rates as it helps people investing a large amount at lower prices.

In India, Gold as a safe investment

This is the golden era for excellent investment in gold. Gold is always a safe source of investment. Gold investment is more liquid than investments in other forms (easily transformed into cash when needed). Few tips on how to invest in gold correctly is presented below:
1) Jewellery buying: Traditional way of gold investment is Jewellery buying where one can buy gold ornaments, bars or coins. This method accounts for a major portion of gold investments in Location. The main advantage of this method of investment is that Jewellery can be sold or exchanged easily if the need arises.
2) Investment in Gold coins: Investment in gold bullion coins is also a better option for people in Location over jewel buying, because there is no wastage or making charges involved to purchase them. These coins are available in different weights, ranging from 1 g to 10 g or more.
3) Investment in Gold Bullion Bars: A gold bullion bar is generally 99.5% pure and weighs around 1 kg. Bars generally carry lower price premiums than gold bullion coins.
4) Gold Accumulation Plan: This allows people in Location to invest in gold through regular monthly Installments. Through this plan, physical gold can be accumulated over the tenure of the scheme ranging from 1 year to 15 years, with the minimum monthly subscription being as low as Rs. 1,000 per month.

BIS Hallmark Gold Jewellery in India

In India, national standards organization named Bureau of Indian Standards (BIS) certifies the purity of the Gold. The BIS hallmarking Scheme of gold jewellery began in April 2000. Gold jewellery is hallmarked only by BIS recognized "Assaying and Hallmarking Centre". Only BIS certified jewellers can get their jewellery hallmarked from any of these centres.

Buy only BIS hallmarked gold jewellery from a registered jewellery store. KDM is not Hallmarked jewellery. So KDM can not assure the purity of Gold. Before purchasing gold jewellery, One must check hallmark which comprises of five components viz,
1. BIS Logo,
2. The purity grade (Fineness) number (corresponding to given caratage as mentioned below),
3. Assaying and Hallmarking Centre's Logo,
4. Jeweller's identification Mark (Logo/ code),
5. Year of Hallmarking denoted by a code letter and decided by BIS (e.g. code letter `A' was approved by BIS for year 2000, `B' being used for the year 2001 and `C' for 2002 and 'J' for 2008).

In India, the Hallmarked Gold jewellery is available in various Karatage which denotes the purity of the gold as:
  • 999 - 24 carat Pure Gold
  • 958 - Corresponding to 23 Carat Gold
  • 916 - Corresponding to 22 Carat Gold
  • 875 - Corresponding to 21 Carat Gold
  • 750 - Corresponding to 18 Carat Gold
  • 708 - Corresponding to 17 carat Gold
  • 585 - Corresponding to 14 Carat Gold
  • 417 - Corresponding to 10 carat Gold
  • 375 - Corresponding to 9 Carat Gold
  • 333 - Corresponding to 8 carat Gold

Gold ETF and E-Gold - A Better Investment to Make

Across centuries, gold is considered as a universal indicator of wealth and as the better investment option. This precious metal has never lost its importance in the global market till this very date. Any political tension or economic imbalances around any part of the world has a direct effect on gold rate and its demand, especially countries where gold is imported and exported in larger scale. Gold in other words is a Global Currency.

From 1975, the rate of gold has been constantly surging up with its peak reaching 2011. Any unsafe and tensed atmosphere around the world/global economy has direct influence toward gold rate fluctuations. The fluctuations in the global market in turn have major effect on countries importing gold at larger rate.

Among other investment options, gold is considered to be safer though it yields lesser investment returns. There are contradictory opinions for investing in gold, but it depends on return rate an individual/investor expects. Also with its constant rise and demand in global market, gold has never let down its investors. In the past few decades, gold always has a steady rise in value with its peak in 2011, recorded the highest in last nine years.

Gold ETF and E-Gold

It is always good to have a part of investment in gold whether it is going to rise or fall. Looking for ways to invest in gold rather than purchasing physical form of gold? Apart from the older and traditional way of purchasing gold ornaments, gold biscuits and gold coins, investment in gold has taken up new levels. Gold ETF and E-gold are the trending alternates for investing in gold with good investment returns when compared to physical form of gold.

Gold ETFs are open-ended mutual fund schemes where the money is invested in Standard Gold Bullion and are like the shares of a Company as investor can buy and sell units of Gold ETF. E-gold is held in demat form electronically and can be converted to physical form of gold easily. E-gold has taken up Gold ETF as it gives more investment returns compared to the latter.
  • Physical delivery can be done anytime investing in E-gold, while in few ETFs it is not possible.
  • Gold ETfs can be converted to physical gold only after it has reached a certain size (500gms or 1 kg), which will not be the case of E-gold.
  • One year is considered as long term for Gold ETF and is exempt from wealth tax, while it is taxable for E-gold and it has a long term of three years.
  • Both E-gold and Gold ETF has brokerage fee.
  • E-gold has higher rate of returns when compared to Gold ETF.
During economic instability, investors take up safer investing options like gold, Gold ETF, and E-gold. But once the market standardizes or gains strength, they take up on riskier investment forms like stocks and shares as they yield very higher returns. But any time of the year, it is good to have few investments in the Gold basket too.












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