Gold Rate in Delhi

Today 24 Carat Gold Price per gram in Delhi (INR)

Gram 24 Carat Gold Yesterday24 Carat Gold Today Daily Price Change
1 Gram Rs 2983.96Rs 2989.31
8 Gram Rs 23871.68Rs 23914.48
10 Gram Rs 29839.6Rs 29893.1
100 Gram Rs 298396Rs 298931

Last Update on 23 Aug 2017, 12:09:39 PM

 

Today 22 Carat Gold Price per gram in Delhi (INR)

Gram 22 Carat Gold Yesterday22 Carat Gold Today Daily Price Change
1 Gram Rs 2790.00Rs 2795.00
8 Gram Rs 22320Rs 22360
10 Gram Rs 27900Rs 27950
100 Gram Rs 279000Rs 279500

Gold Rate In Delhi

India is the second largest consumer of gold, with its capital, Delhi being the foremost consumer of the yellow metal, within the country. The gold price in Delhi is influenced by a number of global trends and factors. The national capital boasts of a large market for gold and related products, with the buyers exhibiting a primary preference for physical gold. Besides physical gold, consumers show an inclination to trade in gold as a commodity and in gold based derivatives through the exchanges.

Today's gold rate in Delhi is complex to calculate. Gold is imported into Delhi in a number of ways, after which the current 22 carat hallmarked gold rate or the 24 carat gold rate in Delhi is arrived at. The current gold rate in Delhi is arrived at depending on the gold rate set by the gold importers, bullion associations, banks and MCX futures prices.

Gold rates in Delhi differ from that in the other parts of India due to the different octroi charges, state taxes, transportation costs and the making charges.

The Delhi's gold price has been seeing an upward graph in 2017. This is mainly due to the bearish phase the stock market went through in the beginning of the year which raised domestic demand and lead to flight of capital to the safe haven of gold. Uncertainty in the global economic and political scenario also added to this momentum pushing up the current gold price in Delhi.

Gold Rate in Delhi for Last 10 Days

Year
STANDARD GOLD 22K
1 GRAM 10 GRAM
PURE GOLD 24K
1 GRAM 10 GRAM
23 August 2017 Rs. 2795.00 Rs. 27950 Rs. 2989.31 Rs. 29893.1
22 August 2017 Rs. 2790.00 Rs. 27900 Rs. 2983.96 Rs. 29839.6
21 August 2017 Rs. 2790.00 Rs. 27900 Rs. 2983.96 Rs. 29839.6
20 August 2017 Rs. 2810.00 Rs. 28100 Rs. 3005.35 Rs. 30053.5
19 August 2017 Rs. 2810.00 Rs. 28100 Rs. 3005.35 Rs. 30053.5
18 August 2017 Rs. 2790.00 Rs. 27900 Rs. 2983.96 Rs. 29839.6
17 August 2017 Rs. 2790.00 Rs. 27900 Rs. 2983.96 Rs. 29839.6
16 August 2017 Rs. 2805.00 Rs. 28050 Rs. 3000.00 Rs. 30000
15 August 2017 Rs. 2810.00 Rs. 28100 Rs. 3005.35 Rs. 30053.5
14 August 2017 Rs. 2810.00 Rs. 28100 Rs. 3005.35 Rs. 30053.5

Delhi Gold Rate Trend in Last 3 Month

Gold Rate in Delhi

The precious metal gold is considered auspicious in India and is within our culture to buy and wear gold as a tradition. Delhi, our nation's capital, is definitely not an exception. The city ranks amongst the highest gold consumers across the country and Rate of gold in Delhi remains on the rise.

The High-Value of Gold

Despite the reasons of tradition, gold in India is also considered a high-value asset and investment option for its excellent resale value for years to come.Gold can be purchased as ornaments, coins, bars, traded funds, and in the form of accumulation plans. The most important criterion is the purity of the gold itself.

How is the Purity of Gold Determined?

Delhi gold rate and the purity of the metal are determined by the Indian Bullion Association, and the dealers are required to incorporate the hallmark symbol of purity in their products. Price of gold in Delhi as any other city is influenced by international implications in the global stock market and the 24 carat gold rate in Delhi today is high as of this month due to its rising demand. India does not necessarily have to worry about the rise and fall of the market since we do not mine our own gold, but the international factors heavily influences the purchasing power of the importers and the general public.