Gold Rate Today: After falling slightly over the last month, the gold market in India showed a modest improvement following a significant correction, with the prices of the yellow metal having rebounded, amid the US-Venezuela conflict, GoodReturns reported.
Furthermore, about 70 per cent of global institutional investors have predicted gold prices to rise this new year, according to Goldman Sachs’ forecast.
After yesterday’s decline, gold prices in India showed a marginal uptick across purity categories today, Friday, January 9.
The 24-carat gold, the purest and most expensive form, is commonly used for investment. 22-carat and 18-carat gold are mostly used for making jewellery.
Gold rate in India today, on January 9 (INR):
Gold prices in India recorded a modest increase across all major purity categories today.
The price of 24K gold rose by ₹71 to ₹13,871 per gram, while 22K gold advanced ₹65 to trade at ₹12,715 per gram.
Meanwhile, 18K gold also edged higher, gaining ₹53 to settle at ₹10,403 per gram.
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