look news india
News India Live, Digital Desk: Nowadays, if you are thinking of buying gold or investing in it, then this news is very important for you! The price of gold is once again on the rise in the market and it Has touched its high level. Due to global uncertainties and other economic reasons, gold prices are continuously rising, which has increased the curiosity of both buyers and investors.
Let us know what is the price of 24 carat, 22 carat and 18 carat gold today (approximately) per 10 grams:
Today’s Gold Price (Per 10 grams – Indicative price, these market rates may vary slightly):
- 24 karat gold:
- Price of pure gold i.e. 24 carat gold per 10 grams nowadays Around Rs 70,000 to Rs 73,000 going on between. This is the purest gold for investment.
- 22 carat gold:
- Price per 10 grams of 22 carat gold, which is most commonly used in making jewellery. Around Rs 65,000 to Rs 68,000 Is around. Other metals worth 2 carats are mixed in it, which makes it stronger.
- 18 karat gold:
- Price per 10 grams of 18 carat gold, which has the lowest carat but looks good in jewellery. Around Rs 53,000 to Rs 56,000 Is being seen between.
Main reasons for increase in gold price:
- Safe Haven: During global geopolitical tensions or economic instability, investors move money out of risky instruments like equities and into safe investments like gold.
- Inflation: Even in times of rising inflation, gold is considered a good means of maintaining its purchasing power, due to which its demand increases.
- Central Banks Purchase: Central banks around the world are also increasing gold reserves, which is boosting its demand and prices.
So if you are thinking of buying or selling gold, then pay attention to all these things and definitely check the local rates in your city.
