Gold Price Today: October 02 Update on 22 Carat Gold Rates Across Indian Cities
Gold Rate Overview
The gold price today in India fluctuates significantly, impacting investors nationwide. On October 02, 2024, the 22 carat gold price is reported at Rs 7066.3 per gram, a drop of Rs 300. The 24 carat gold price stands at Rs 7707.3 per gram, down Rs 330.
Current Gold Prices in Major Cities
- Delhi: 22 Carat - Rs 70,640; 24 Carat - Rs 77,050
- Mumbai: 22 Carat - Rs 70,200; 24 Carat - Rs 76,580
- Kolkata: 22 Carat - Rs 70,200; 24 Carat - Rs 75,880
- Bangalore: 22 Carat - Rs 70,200; 24 Carat - Rs 76,880
- Hyderabad: 22 Carat - Rs 70,200; 24 Carat - Rs 76,910
Gold Price Drivers
The variations in gold price today stem from numerous factors, including economic changes, geopolitical tensions, and fluctuations in global markets. Investors should remain aware of these dynamics while making decisions.
Significance of Gold in India
Gold plays a pivotal role in Indian culture, especially as a vital investment in weddings and festivities. With the gold rate impacting retail costs daily, observing these trends is essential for informed investments.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.