Gold prices today 18K 22K 24K rates

Gold prices in India have shown slight fluctuation today as global market trends continue to influence domestic rates. The yellow metal saw a small dip in futures trading, which also reflected in retail prices across major cities. Buyers and investors are closely monitoring daily movements before making purchasing decisions.

In futures market trading, gold reportedly declined by around 589 rupees per 10 grams. This brought the benchmark rate to nearly 1,55,000 rupees per 10 grams. International price movements, currency exchange rates and investor sentiment are key factors that contribute to such changes.

Across major cities like Delhi, Mumbai and Bengaluru, 24K gold remains the most expensive category because of its high purity level of 99.9 percent. On average, 24K gold is trading above 15,000 rupees per gram. Meanwhile 22K gold, which is commonly used for jewellery, is priced slightly lower. 18K gold comes at an even more affordable rate compared to higher purity options.

In Bengaluru for example, 24K gold is hovering around 15,700 to 15,800 rupees per gram. The 22K variety is trading near 14,500 to 14,700 rupees per gram, while 18K gold is around 11,700 to 11,900 rupees per gram. Similar pricing trends are visible in Delhi and other metro cities, though slight variations occur due to local taxes and demand.

It is important to note that final jewellery prices include making charges and GST, which increase overall cost for customers. Gold prices can also differ slightly from one jeweller to another depending on premium rates and stock availability.

Gold continues to be viewed as a safe investment option in India, especially during festivals, weddings and special occasions. Even small price shifts can influence buying decisions significantly. Investors often consider gold as hedge against inflation and economic uncertainty.

Market experts say short term dips may offer buying opportunity, but long term price direction depends on global economic factors including interest rates and geopolitical developments. Since India imports large quantity of gold, international market changes quickly impact local rates.

For buyers planning purchase, checking city wise daily rates is always advisable. Watching trends carefully can help make better financial decision when investing in gold.