Today Gold Rate

Today's Gold Rate in India: Gold Price updated on 15 November 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 :2019-11-15 13 hours ago

Gold Rate 1Gram - 22 & 24 Carat Price India INR 15th November 2019

Location22k (Standard Gold)Change24k (Pure Gold)Change
Bangalore ₹ 3,579 NIL ₹ 3,754 NIL
Chennai ₹ 3,669 NIL ₹ 3,849 NIL
Delhi ₹ 3,713 NIL ₹ 3,899 NIL
Hyderabad ₹ 3,669 NIL ₹ 3,850 NIL
Kerala ₹ 3,538 NIL ₹ 3,716 NIL
Kolkata ₹ 3,757 NIL ₹ 3,940 NIL
Mumbai ₹ 3,728 NIL ₹ 3,916 NIL
Agra ₹ 3,715 NIL ₹ 3,903 NIL
Ahmedabad ₹ 3,743 NIL ₹ 3,931 NIL
Allahabad ₹ 3,712 NIL ₹ 3,903 NIL
Aurangabad ₹ 3,733 NIL ₹ 3,915 NIL
Bareilly ₹ 3,717 NIL ₹ 3,897 NIL
Belgaum ₹ 3,577 NIL ₹ 3,754 NIL
Bhubaneshwar ₹ 3,755 NIL ₹ 3,939 NIL
Chandigarh ₹ 3,717 NIL ₹ 3,900 NIL
Coimbatore ₹ 3,663 NIL ₹ 3,847 NIL
Cuttack ₹ 3,756 NIL ₹ 3,940 NIL
Dehradun ₹ 3,717 NIL ₹ 3,898 NIL
Faridabad ₹ 3,716 NIL ₹ 3,900 NIL
Ghaziabad ₹ 3,712 NIL ₹ 3,901 NIL
Gurgaon ₹ 3,717 NIL ₹ 3,903 NIL
Guwahati ₹ 3,752 NIL ₹ 3,938 NIL
Indore ₹ 3,728 NIL ₹ 3,917 NIL
Jabalpur ₹ 3,732 NIL ₹ 3,913 NIL
Jaipur ₹ 3,746 NIL ₹ 3,929 NIL
Jalgaon ₹ 3,731 NIL ₹ 3,919 NIL
Jammu ₹ 3,716 NIL ₹ 3,898 NIL
Jamnagar ₹ 3,746 NIL ₹ 3,930 NIL
Jamshedpur ₹ 3,754 NIL ₹ 3,943 NIL
Jodhpur ₹ 3,747 NIL ₹ 3,933 NIL
Kanpur ₹ 3,714 NIL ₹ 3,898 NIL
Kochi ₹ 3,540 NIL ₹ 3,716 NIL
Kolhapur ₹ 3,732 NIL ₹ 3,916 NIL
Kota ₹ 3,741 NIL ₹ 3,933 NIL
Lucknow ₹ 3,713 NIL ₹ 3,898 NIL
Ludhiana ₹ 3,713 NIL ₹ 3,903 NIL
Madurai ₹ 3,665 NIL ₹ 3,851 NIL
Malappuram ₹ 3,541 NIL ₹ 3,715 NIL
Mangalore ₹ 3,576 NIL ₹ 3,758 NIL
Meerut ₹ 3,717 NIL ₹ 3,899 NIL
Mysore ₹ 3,576 NIL ₹ 3,755 NIL
Nagpur ₹ 3,728 NIL ₹ 3,914 NIL
Nanded ₹ 3,727 NIL ₹ 3,913 NIL
Nasik ₹ 3,730 NIL ₹ 3,913 NIL
Noida ₹ 3,712 NIL ₹ 3,898 NIL
Panaji ₹ 3,574 NIL ₹ 3,754 NIL
Patna ₹ 3,752 NIL ₹ 3,940 NIL
Pondicherry ₹ 3,666 NIL ₹ 3,850 NIL
Pune ₹ 3,728 NIL ₹ 3,919 NIL
Raipur ₹ 3,733 NIL ₹ 3,918 NIL
Rajkot ₹ 3,741 NIL ₹ 3,928 NIL
Ranchi ₹ 3,753 NIL ₹ 3,942 NIL
Ratlam ₹ 3,730 NIL ₹ 3,919 NIL
Sangli ₹ 3,726 NIL ₹ 3,915 NIL
Shimla ₹ 3,717 NIL ₹ 3,902 NIL
Siliguri ₹ 3,754 NIL ₹ 3,942 NIL
Solapur ₹ 3,730 NIL ₹ 3,918 NIL
Srinagar ₹ 3,713 NIL ₹ 3,903 NIL
Surat ₹ 3,740 NIL ₹ 3,931 NIL
Thane ₹ 3,728 NIL ₹ 3,915 NIL
Tiruchirapalli ₹ 3,664 NIL ₹ 3,848 NIL
Udaipur ₹ 3,742 NIL ₹ 3,928 NIL
Udupi ₹ 3,574 NIL ₹ 3,755 NIL
Vadodara ₹ 3,746 NIL ₹ 3,928 NIL
Varanasi ₹ 3,712 NIL ₹ 3,900 NIL
Vijayawada ₹ 3,664 NIL ₹ 3,848 NIL
Visakhapatnam ₹ 3,668 NIL ₹ 3,849 NIL
Warangal ₹ 3,669 NIL ₹ 3,850 NIL
Aligarh ₹ 3,713 NIL ₹ 3,901 NIL
Ambala ₹ 3,715 NIL ₹ 3,903 NIL
Amravati ₹ 3,732 NIL ₹ 3,913 NIL
Bellary ₹ 3,579 NIL ₹ 3,754 NIL
Bhilai ₹ 3,726 NIL ₹ 3,912 NIL
Bhopal ₹ 3,726 NIL ₹ 3,916 NIL
Dindigul ₹ 3,669 NIL ₹ 3,848 NIL
Erode ₹ 3,666 NIL ₹ 3,851 NIL
Gulbarga ₹ 3,575 NIL ₹ 3,755 NIL
Guntur ₹ 3,669 NIL ₹ 3,848 NIL
Haldwani ₹ 3,715 NIL ₹ 3,897 NIL
Hisar ₹ 3,714 NIL ₹ 3,900 NIL
Hosur ₹ 3,665 NIL ₹ 3,847 NIL
Kakinada ₹ 3,666 NIL ₹ 3,851 NIL
Kannur ₹ 3,542 NIL ₹ 3,714 NIL
Karnal ₹ 3,714 NIL ₹ 3,899 NIL
Karur ₹ 3,664 NIL ₹ 3,851 NIL
Kozhikode ₹ 3,540 NIL ₹ 3,715 NIL
Kurnool ₹ 3,666 NIL ₹ 3,848 NIL
Nagercoil ₹ 3,667 NIL ₹ 3,850 NIL
Nellore ₹ 3,666 NIL ₹ 3,852 NIL
Proddatur ₹ 3,664 NIL ₹ 3,851 NIL
Rajahmundry ₹ 3,669 NIL ₹ 3,852 NIL
Salem ₹ 3,665 NIL ₹ 3,851 NIL
Shimoga ₹ 3,578 NIL ₹ 3,756 NIL
Thanjavur ₹ 3,665 NIL ₹ 3,849 NIL
Thiruvananthapuram ₹ 3,538 NIL ₹ 3,716 NIL
Thrissur ₹ 3,537 NIL ₹ 3,713 NIL
Tirunelveli ₹ 3,663 NIL ₹ 3,849 NIL
Tuticorin ₹ 3,669 NIL ₹ 3,849 NIL
Vellore ₹ 3,667 NIL ₹ 3,851 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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