Gold Rate in India
On Gold-Rate.Today get the latest and current Gold Rate in India. Gold price in India is available in weights of 10 gram, 100 grams, 500 grams and 1 KG. The gold quality is mainly comes in 22 Karat gold rate in India & 24 Karat gold rate in India with the prices difference based on quality. The India Gold prices are very volatile and linked with Market behaviour, Economic scenario and very much driven by International affects. The store of gold in India may also defining the strength of the currency.
On gold Rate get the Latest and current Silver Rate in India. Silver price in India is available in weight of 1 KG only. The Gold price at India and silver price at India are linked with Market trend and vary day to day.
Gold Rate today in major India states / cities
Must Read Gold Articles
This is the Gold Rate chart for the India. You can down load the chart in any available format. The chart format is in PDF, PNG, JPG and SVG. Move your curser to point and get the price data.
Gold Rate today in major Indian Banks
In India, Everyday Gold price and Silver Price Fluctuate as per the National and international market. In India Every state has its own Tax ratio for the commodities and because of this variable tax structure in India state wise create different price range of Precious metals. Gold price also differs by its purity and Silver price by its weight in India.
User can compare gold price in India through Gold Price compare module by varying dates. By comparing the gold price user may buy gold at best rate. On gold-rate.today website, user can also follow the gold news and silver news in India. The Gold prices are very volatile and linked with Market behavior, Economic scenario and very much driven by International affects. The store of gold in any country is also defining the strength of the currency.
Along with gold, user can also get the Latest and current Silver Price for India. Silver price in India is available in weight of 1 KG only. This is standard weigh for the measurement of Silver. The prices are linked with Market trend and vary day to day.
On Gold Rate today website, people from India and abroad can check the ever changing price of gold and silver in India. India is in Asian continent neighboring with many countries like Pakistan, China, Sri Lanka, Bhutan etc etc. India is second most populous county in the world. Population of India is around 1 Bn and belongs to diverse religion but live together. They celebrate their festivals in grand scale and in every festival or in special occasion people in India wear news dress, ornaments made from Gold and Silver. People in India use Gold and silver in auspicious days and process like worship or making ornaments for the god.
The consumption of gold and silver in India is very healthy and therefore, gold and silver market in India is very promising. In India, consumption pattern of gold and Silver can be seen in the states like 50% of gold and silver is consumed in jewelry making, 40% consumed in Investment and other financial assets and remaining 10% for other purposes. Therefore, as per World gold council India falls at second place for the consumption of gold and silver after China with increased percentage of 13% and thus it also effects the consumption of gold and silver at world level. Due to India’s current consumption stats, world consumption of gold and silver also rose to 21%.
India gold and silver price also vary states to states because of difference in Tax rate and available in various weights. In India, gold is mainly available in Carat as 22 Kt and 24 Kt. Gold and Silver coins plays an important role of an international trading currency for nearly four hundred years The Indian economy is the world’s tenth-largest and third-largest by purchasing power parity. Thus making it a country where people have enough disposable income to spend on Gold and silver. Also silver is second option as an investment in Commodity after Gold. Besides ornaments gold is also used as B2B and B2C where Silver Trading in India as Commodity is traded both in the spot and futures segment.
Gold silver rates in India allows to conduct the business. Gold and Silver coins plays the role of an international trading currency for nearly four hundred years and that is the reason gold and silver rate in India is one of the evergreen hot topic. Mainly Gold and silver rate in India depends among the major states of India which are Chennai, Mumbai, Delhi, Kolkata and Bangalore. These rates always have minor variations which depends on fluctuations on respective market strategies.
Gold Price in Metro Cities
Compare Gold / Silver Price
Gold Price in Main Cities
Latest Gold Price News
|To convert from||To||Multiply By|
|Troy ounces||Avoirdupois ounces||1.09714|
|Troy ounces||Penny weights||20|
|Avoirdupois ounces||Troy ounces||0.911458|
|Short tonne||Metric tonne||0.9072|