Gold Rate Today: Gold, considered an ideal inflation hedge, has been experiencing volatility amid rising economic uncertainty.
Last week, however, gold prices in India have been steadily increasing, resulting in all purities of the yellow metal reaching record-high levels, with a nearly 4% increase, according to GoodReturns.
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.
The upcoming festive season in India is expected to drive demand for gold and silver jewellery, leading to price increases.
Gold rate in India today, on September 15 (INR):
As of today — Monday, September 15, the price of gold in India stands at Rs 11,117 per gram for 24 karat gold, Rs 10,190 per gram for 22 karat gold and Rs 8,337 per gram for 18 karat gold.
