Gold Rate Today: The price of gold has been in the news over the last few days. On the auspicious occasion of Ganesh Chaturthi, India’s gold rate rose for the second time in a row today, bringing the yellow metal closer to its all-time highs. Following a modest decline last week, the gold rate in India has risen steadily this week.
The yellow metal, considered an ideal inflation hedge, has volatile prices amid rising economic uncertainty and Trump’s tariff tensions. 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 August 28 (INR):
24-karat gold increased by ₹16 per gram, 22-karat gold by ₹15 per gram, and 18-karat gold by ₹12 per gram.
The 24-carat gold increased by ₹16 per gram, 22-carat gold by ₹15 per gram, and 18-carat gold by ₹12 per gram.
