By Khushbu K

Copyright indiaobservers

Gold is not just known for something to wear, it has always held a special place in Indian culture and in their hearts. Whether it’s weddings to Diwali gifts or even from people who are offering long-term investments, it also plays multiple roles in everyone’s lives. But this emotional value also combined with its status as a safe choice of investment, making gold one of the most loved and important commodities in the country. Every day, gold prices change and keeping an eye on the latest rates is important, just like people keep track of Latest News in India to stay updated.

Delhi — ₹1,12,080

Mumbai — ₹1,11,930

Chennai — ₹1,12,150

Bengaluru — ₹1,11,930

22K gold, the most commonly used in jewellery and its rates are around ₹1,02,600 per 10 grams in most cities.

You can see that gold prices are always fluctuating in all cities. These differences come from different factors like local taxes along with transportation and even security costs, jeweller margins, and even local demand. Let’s take an example of Chennai and other cities that sometimes show very different prices, similar to how India currency rate today keeps changing frequently.

As we all know that Gold rates specially in India the gold rates are closely linked with global markets. If these international gold prices always rise due to global uncertainty. Fall in Indian rupee against the dollar will make gold costlier, as the imports will become more expensive, just like how Gold rate India yesterday compared with today shows noticeable variations.

For Indian families gold is very special and auspicious, not just about investment but also tradition. During festival seasons and weddings, gold demand increases which can also push prices little higher than expected.