Gold Rate Today: While gold rates in India reached historic highs at the start of October, driven by concerns over a potential US government shutdown, which led to increased demand for safe-haven assets, in addition to the festive seasonal demand in India.
However, on October 13, Monday, gold prices have seen an upward trend across all purity levels, with the consistent price rise reflecting growing demand and market fluctuations influencing gold valuations.
The yellow metal is considered an ideal inflation hedge, with 24-carat gold being the most expensive form of gold and commonly used for investment purposes, while 22-carat gold and 18-carat gold are primarily utilised for jewellery.
Gold rate in India today, on October 13 (INR):
The price of gold continues its upward trend in the domestic market. As of today, 24K gold is priced at ₹12,540 per gram, marking an increase of ₹32. Similarly, 22K gold stands at ₹11,495 per gram, up by ₹30, while 18K gold is priced at ₹9,405 per gram, showing a rise of ₹24.
24 Carat Gold Rate Per Gram in India (INR)
Source: GoodReturns
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Gold Price Today in Major Indian Cities (Per Gram)
These are the current 1-gram gold rates across major Indian cities:
