Gold Rate Today: Gold prices in India are almost at the same levels as the previous session.
The upcoming festive season in India is expected to drive demand for gold and silver jewellery, leading to price increases.
With both 24K and 22K gold prices in India currently exceeding 1 lakh, customers are finding it tough to make purchases.
The yellow metal, considered an ideal inflation hedge, has volatile prices amid rising economic uncertainty.
24-carat gold is the most expensive form of gold and is commonly used for investment purposes. In contrast, 22-carat gold and 18-carat gold are primarily utilised for jewellery.
Gold rate in India today, on September 12 (INR):
The price of gold in India today is ₹11,128 per gram for 24-karat gold, with an additional making charge of ₹77.10 per gram. For 22-karat gold, the rate stands at ₹10,200 per gram plus ₹70 as making charges, while 18-karat gold (also known as 999 gold) is priced at ₹8,346 per gram with an additional ₹58 per gram.
