Looking for the Gold rate in Delhi? You are at right place! Here we offer the best gold rates available in the Delhi city so that you’re getting the best deal possible. Below we have listed the latest gold rates in Delhi for different carats.
24K, 22K, 18K Gold Rate today in Delhi
24K Gold rate today Delhi per gram
|1 Gram||8 Gram||10 Gram|
|Rs. 6,108||Rs. 48,864||Rs. 61,080|
22K Gold rate today in Delhi
|1 Gram||8 Gram||10 Gram|
|Rs. 5,600||Rs. 44,800||Rs. 56,000|
18K Gold rate today in Delhi
|1 Gram||8 Gram||10 Gram|
|Rs. 4,600||Rs. 36,800||Rs. 46,000|
Historical Gold Price in Delhi
|Months||24 Karat / 10 Grams (Lowest Price)||24 Karat / 10 Grams (Highest Price)|
Where to buy Gold in Delhi?
In Delhi, there are several places where you can buy gold. Here are some popular options:
Karol Bagh: Karol Bagh is a popular shopping destination in Delhi and is known for its numerous jewelry stores. It has a wide range of gold jewelry shops offering a variety of designs and styles.
Chandni Chowk: Chandni Chowk, located in Old Delhi, is another renowned jewelry market. It is known for its traditional and ethnic jewelry shops. You can find a wide range of gold jewelry, including antique pieces and bridal sets.
South Extension: South Extension is a bustling commercial area in South Delhi, known for its upscale shopping. It houses several jewelry stores and showrooms where you can find a variety of gold jewelry, ranging from contemporary to traditional designs.
Connaught Place: Connaught Place, often referred to as CP, is a prominent commercial and shopping hub in Delhi. It has numerous jewelry stores offering a wide range of gold jewelry options. You can explore various designs and styles in different price ranges.
Jewelry Store Chains: Delhi has several renowned jewelry store chains, including Tanishq, Malabar Gold & Diamonds, PC Jeweller, P K Jewellers, Kalyan Jewellers, and Joyalukkas. These chains have multiple branches across the city and offer a wide selection of gold jewelry.
Banks: You can also buy gold from banks, many banks in Delhi also sell gold coins and bars.
How is the Purity of Gold Evaluated in Delhi?
In Delhi, the purity of gold is evaluated using a standardized system known as the “karat/carat” system. The karat system is widely used globally to measure the purity of gold.
In Delhi, common gold purity levels available in the market include:
24 Karat Gold (24K): 24K gold is considered pure gold as it contains 24 parts of pure gold, making it 99.9% pure. However, it is generally not used for making jewelry due to its softness.
22 Karat Gold (22K): This type of gold contains 22 parts of pure gold and 2 parts of other metals, making it 91.6% pure. It is the most popular choice for gold jewelry in India, known for its rich golden color and durability.
18 Karat Gold (18K): 18K gold consists of 18 parts of pure gold and 6 parts of other metals, making it 75% pure. It is commonly used for jewelry pieces that require a balance between durability and purity.
The hallmark consists of a BIS logo, purity in karats, the jeweler’s identification mark, and a unique identification number.
By checking the hallmark, you can ensure that the gold jewelry you’re buying meets the defined standards of purity and authenticity.
Gold price in other cities
What Affects the Gold price in Delhi?
Several factors can influence the price of gold, Including economic conditions, currency values, and geopolitical events and so on.
Seasonal and Cultural Factors: Cultural events, festivals, and wedding seasons increased demand for gold jewelry and potentially impact prices.
Investor Sentiment and Speculation: Market sentiment and speculative trading can impact short-term fluctuations in gold prices.
US Dollar Strength: The US dollar and gold often have an inverse relationship. Since gold is globally traded in US dollars, a stronger US dollar can make gold relatively more expensive.
Global Economic Conditions: Economic factors such as inflation, interest rates, currency fluctuations, geopolitical tensions, stock market performance, and overall market sentiment can impact the demand for gold.
Supply and Demand: Supply and demand dynamics play a significant role in determining the price of gold. Gold mining production, central bank reserves, and recycled gold supply contribute to the overall supply.
FAQs on Delhi Gold Rate
What is the price of Gold in Delhi today?
The 1 gram 24 carat gold price today in Delhi is Rs 61,08.
What is the 916 KDM gold rates today in Delhi?
916 KDM gold is 22k gold and the price of 10 gram is Rs 56,000.
What is 18 carat gold rate today in Delhi?
The 18k gold rate today in Delhi is Rs 46,000/10gram.
What is 24 carat gold rate in Delhi today?
24k gold price today in Delhi is Rs 61,080/10gram.
Disclaimer: The gold rates are sourced from local jewellers in the city. There may be variance in rates and prices. Investandearn.net has made every effort to ensure accuracy of information provided; however, Invest and Earn do not guarantee such accuracy. The rates are for informational purposes only. It is not a solicitation to buy, sell in precious gold. Here we do not accept culpability for losses and/or damages arising based on gold information provided
Nirmal is a NISM Certified Derivative Trader & the Founder of InvestandEarn.net (Financial Blog). He entered the world of Equity research to explore his interests in financial markets having 5+ Years of Experience in Share Market Trading & Investing. Nirmal frequently writes about Share Market Trading & Investment and publishes his personal view on the market. Drop him a mail at email@example.com.