Gold Rate Today In India: Know Retail Gold Price On November 18
Today’s Gold Price Update: As of November 18th, gold rates in India stood at approximately Rs 75,000 for 10 grams. Specifically, the rate for 24-carat gold, known for its exceptional purity, was Rs 75,640 per 10 grams. On the other hand, 22-carat gold, which is favored for its enhanced durability due to the alloy mix, was priced at Rs 69,340 per 10 grams. This price difference reflects the varied preferences of buyers, with 24-carat gold typically sought for its purity, while 22-carat gold remains a popular choice for those purchasing jewelry.
| City | 22 Carat Gold Rate Today | 24 Carat Gold Rate Today |
| Delhi | 69,490 | 75,790 |
| Mumbai | 69,340 | 75,640 |
| Ahmedabad | 69,390 | 75,690 |
| Chennai | 69,340 | 75,640 |
| Kolkata | 69,340 | 75,640 |
| Pune | 69,340 | 75,640 |
| Lucknow | 69,490 | 75,790 |
| Bengaluru | 69,340 | 75,640 |
| Jaipur | 69,490 | 75,790 |
| Patna | 69,390 | 75,690 |
| Bhubaneshwar | 69,340 | 75,640 |
| Hyderabad | 69,340 | 75,640 |
Retail Cost of Gold in India
The price per gram of gold represents the value of one gram of gold and is typically quoted in currencies like Indian Rupees. It fluctuates daily, influenced by factors such as economic conditions, geopolitical events, and supply and demand dynamics.
Several factors, including import duties, taxes, and currency exchange rates, impact the retail price of gold in India, influencing the final cost that consumers bear.
In India, gold holds immense cultural significance, making it not only a favored investment choice but also a key element in various traditions. For instance, it plays a pivotal role in weddings and festivals, where it symbolizes prosperity and good fortune. Moreover, gold continues to be an enduring symbol of wealth and status, further enhancing its appeal as a preferred asset for both financial security and cultural rituals.
Monitoring market trends is crucial for investors and traders to adapt to changing conditions. Keep an eye out for more updates.
