Gold Rate Today have been steadily rising this week, with no signs of a decline in the immediate future. Last week, gold prices had witnessed a sharp drop due to global Uncertainty. However, media reports indicate that US Iran talks have reached a critical juncture, the resulting easing of geopolitical tensions is driving gold prices up again. Silver Prices in the global market are also a significant factor influencing the changes in gold Prices in India today.
IBJA Gold Rates Today
The India Bullion and Jewellers Association (IBJA) Release official Benchmark rates for gold daily. According to the IBJA today rate for 24 Carat (999 Purity) gold is ₹1,50,090 per 10 grams (₹15,009 per gram) for 22 carat (916 Purity) gold it is ₹1,46,490 per 10 grams ₹14,649 per gram and for 18 carat 750 purity gold it is ₹1,21,580 per 10 grams ₹12,158 per gram.
These IBJA rates serve as a standard reference for jewellers across India.
Here are today gold rates at major jewellery stores in India
Today Tanishq Gold Rate
Tanishq is one of India most Trusted jewellery brands. Today the rate for 22-carat gold at Tanishq is ₹13,920 per gram (₹1,39,200 per 10 grams). The rate for 24 Carat gold at Tanishq is ₹1,51,850 per 10 gram, while the rate for 18 carat gold is ₹1,13,890 per 10 grams. Gold Rate Today at Malabar Gold & Diamonds
At Malabar Gold & Diamonds, the rate for 22-carat gold today is ₹1,38,750 per 10 grams. The rate for 24-carat gold today across Major City like Bengaluru, Chennai, Hyderabad, Mumbai, Kolkata and Delhi is ₹1,51,360 Per 10 gram.
Joyalukkas 24K Gold Rate Today
Joyalukkas has set the gold rate as follows today the Price of 22 carat gold is ₹13,875 per gram 24 Carat gold is ₹15,136 per gram and 18-carat gold is ₹11,352 per gram.
22k Gold Price Today Bhima Jewellers
At Bhima Jewellers the price of 22 carat (916) gold today is ₹13,779 per gram which can be Considered the best rate among major jewellers today. The Price of 24 carat (999) gold is ₹15,140 per gram and the price of 18 carat (750) gold is ₹11,249 per gram.
Kalyan Jewellers 22 Carat Gold Price Today
Kalyan Jewellers has set the price of 22 carat gold at ₹13,875 per gram today in city like Bengaluru, Chennai, Hyderabad, Mumbai and Delhi with the Price for 10 grams of gold standing at ₹1,38,750.
Joyalukkas 22K Gold Rate Today
At Jos Alukkas the Price of 22 Carat gold Today is ₹13,875 per gram and the Price of 24 carat gold is ₹15,142 per gram. At Jos Alukkas, the Price of 18 Carat gold is ₹11,465 per gram.
Why are gold Prices Rising Today in india
The Primary reason Cited for the rise in gold prices in India today is the shifting geopolitical situation surrounding the USA Iran nuclear deal. Mr. Prithviraj Kothari Managing Director of RiddiSiddhi Bullions Limited, President of the India Bullion and Jewellers Association Limited, and Chairman of the Jain International Trade Organisation stated that news regarding the formal signing of a peace agreement between the US and Iran in Switzerland led to a market correction earlier this week, this caused crude oil prices to drop by over 4% and the US dollar to fall to a 10-day low.
Consequently, the probability of the Fed raising interest rates in December has declined from 69% to just 48%. Gold is trading around $4,364.40, with resistance at $4,500–$4,550 and support at $4,242. Silver is hovering around $70.455 and moving towards a target of $72–$75, with support at $65–$66. With the FOMC Meeting scheduled for this week, the Sentiment in the bullion market is shifting from caution to a bullish outlook.
Disclaimer: The gold and Silver rate Published on Moneymintidea are for informational purpose only and may vary based on the City, jeweler, Making charge and Prevailing Bullion Market Condition. While we strive to provide Accurate and up to date Price Moneymintidea does not guarantee the completeness or accuracy of these rate. All user are advised to Verify price with their Local jeweler before Making any decision regarding the Purchase or investment in gold and Silver. Neither the Moneymintidea team nor its Member shall be held liable for any losses incurred as a result of using this Information.
