Today’s Gold Rate
Gold Rate: The price of gold in India continues to rise on a weekly basis. In one week, 24-carat gold has gained ₹330. The price of 22-carat gold has risen ₹300. On December 7th, the price of 24-carat gold in the capital, Delhi, was ₹1,30,300 per 10 grams. The spot price of gold in the international market is $4,223.76 per ounce. Let’s find out the gold rates in some of the country’s major cities…
Gold Price in Bhubaneswar: According to National Website Goodreturns, the price of 24-carat gold in Bhubaneswar is ₹130,150 per 10 grams. The price of 22-carat gold is ₹1,19,300 per 10 grams.
Gold Price in Delhi: The price of 24-carat gold in Delhi is ₹130,300 per 10 grams. The price of 22-carat gold is ₹119,450 per 10 grams.
Mumbai, Chennai, and Kolkata: Currently, the price of 22-carat gold in Mumbai, Chennai, and Kolkata is ₹119,300 per 10 grams, while the price of 24-carat gold is ₹130,150 per 10 grams.
Price in Pune and Bengaluru: In these two cities, the price of 24-carat gold is ₹130,150 per 10 grams, and the price of 22-carat gold is ₹119,300 per 10 grams.
Gold prices have risen more than 60% this year. The Federal Open Market Committee (FMC) of the US central bank, the Federal Reserve, is meeting on December 9-10. Expectations of an interest rate cut remain high. If this happens, gold prices could rise further. Lower interest rates make bonds less attractive. Consequently, investors increase their investments in safe-haven assets like gold.
