Today gold rate in Delhi reflects a slight decline across various purities, including 22K, 24K, and 18K gold. This decrease is influenced by recent fluctuations in global gold prices and market conditions. These updates are particularly important for investors and jewelry buyers who are closely monitoring daily market changes.
22K Gold Rate: ₹7,330/g (-₹45)
24K Gold Rate: ₹7,995/g (-₹49)
18K Gold Rate: ₹5,997/g (-₹37)
Despite the current downturn, the price of gold in Delhi has shown some momentum since the beginning of the year. The decline in equity markets at the start of the year has driven investors to seek safer assets, like gold. Although gold may not have been a preferred investment in recent years, its status as a reliable hedge against economic uncertainty has garnered renewed interest among buyers looking to preserve wealth.
24 Carat Gold Rate for October 28, 2024
Understanding 24K Gold The purest form of gold, 24K or 999 gold, is priced today at ₹7,995 per gram, reflecting a decrease of ₹49 from yesterday. This high-purity gold is a preferred choice for investments due to its excellent resale value. However, its malleability limits its use in jewelry, making it less durable for everyday wear.
Weight
Today’s Price (₹)
Yesterday’s Price (₹)
Price Change (₹)
1 gram
₹7,995
₹8,044
-₹49
8 grams
₹63,960
₹64,352
-₹392
10 grams
₹79,950
₹80,440
-₹490
100 grams
₹7,99,500
₹8,04,400
-₹4,900
22 Carat Gold Rate for October 28, 2024
Overview of 22K Gold Prices The 22K gold price in Delhi is ₹7,330 per gram today, down by ₹45 from the previous day. This type of gold contains 91.67% pure gold and is alloyed with other metals like copper or silver, making it more durable than 24K gold. Its balance of purity and strength makes 22K gold a popular choice for jewelry.
Weight
Today’s Price (₹)
Yesterday’s Price (₹)
Price Change (₹)
1 gram
₹7,330
₹7,375
-₹45
8 grams
₹58,640
₹59,000
-₹360
10 grams
₹73,300
₹73,750
-₹450
100 grams
₹7,33,000
₹7,37,500
-₹4,500
18 Carat Gold Rate for October 28, 2024
What to Know About 18K Gold With a purity of 75%, 18K gold is valued for its affordability and durability. Priced today at ₹5,997 per gram, 18K gold has seen a decrease of ₹37 from the previous day. This type of gold is often used in high-quality jewelry due to its resilience while still offering a good proportion of gold content.
Weight
Today’s Price (₹)
Yesterday’s Price (₹)
Price Change (₹)
1 gram
₹5,997
₹6,034
-₹37
8 grams
₹47,976
₹48,272
-₹296
10 grams
₹59,970
₹60,340
-₹370
100 grams
₹5,99,700
₹6,03,400
-₹3,700
Today Gold Rate in Delhi for the Last 10 Days (1 gram) – 24K and 22K
Tracking the daily fluctuations in gold prices is essential for buyers and investors in Delhi. The gold rate for both 24K and 22K has shown variations over the last ten days, influenced by multiple economic factors, including global market trends and local demand. Here is the recent data for the gold rate in Delhi.
Date
24K
22K
Oct 28, 2024
₹7,995 (-49)
₹7,330 (-45)
Oct 27, 2024
₹8,044 (0)
₹7,375 (0)
Oct 26, 2024
₹8,044 (+71)
₹7,375 (+65)
Oct 25, 2024
₹7,973 (+11)
₹7,310 (+10)
Oct 24, 2024
₹7,962 (-60)
₹7,300 (-55)
Oct 23, 2024
₹8,022 (+43)
₹7,355 (+40)
Oct 22, 2024
₹7,979 (0)
₹7,315 (0)
Oct 21, 2024
₹7,979 (+22)
₹7,315 (+22)
Oct 20, 2024
₹7,957 (0)
₹7,293 (0)
Oct 19, 2024
₹7,957 (+44)
₹7,293 (+38)
Comparison of Average Today Gold Rate in Delhi (1 gram)
A long-term view of gold prices reveals trends over periods, helping buyers and investors understand broader movements in gold value. Below is a comparison of average rates for 24K and 22K gold over various terms.
Term
24K
22K
10 Days
₹7,991.20
₹7,326.10
20 Days
₹7,883.45
₹7,227.55
30 Days
₹7,842.20
₹7,189.87
60 Days
₹7,650.47
₹7,014.18
90 Days
₹7,490.52
₹6,867.61
180 Days
₹7,385.08
₹6,770.94
1 Year
₹6,938.56
₹6,361.46
2 Years
₹6,392.02
₹5,860.44
3 Years
₹5,980.55
₹5,482.97
4 Years
₹5,758.45
₹5,280.41
5 Years
₹5,539.00
₹5,113.35
6 Years
₹5,242.67
₹4,855.62
7 Years
₹4,978.64
₹4,611.35
Historical Gold Rate Movement in Delhi (April – October 2024)
Gold Price Movement in Delhi, October 2024
Date
24K Rate
22K Rate
1st October
₹7,706
₹7,065
28th October
₹7,995
₹7,330
Highest
₹8,044 (26 Oct)
₹7,375 (26 Oct)
Lowest
₹7,679 (10 Oct)
₹7,040 (10 Oct)
Overall Performance
Rising
Rising
% Change
+3.75%
+3.75%
Gold Price Movement in Delhi, September 2024
Date
24K Rate
22K Rate
1st September
₹7,319
₹6,710
30th September
₹7,739
₹7,095
Highest
₹7,760 (27 Sept)
₹7,115 (27 Sept)
Lowest
₹7,291 (4 Sept)
₹6,684 (4 Sept)
Overall Performance
Rising
Rising
% Change
+5.74%
+5.74%
Gold Price Movement in Delhi, August 2024
Date
24K Rate
22K Rate
1st August
₹7,051
₹6,465
31st August
₹7,319
₹6,710
Highest
₹7,340 (28 Aug)
₹6,730 (28 Aug)
Lowest
₹6,942 (7 Aug)
₹6,365 (7 Aug)
Overall Performance
Rising
Rising
% Change
+3.80%
+3.79%
Gold Price Movement in Delhi, July 2024
Date
24K Rate
22K Rate
1st July
₹7,242
₹6,640
31st July
₹6,997
₹6,415
Highest
₹7,515 (17 July)
₹6,890 (17 July)
Lowest
₹6,888 (26 July)
₹6,315 (26 July)
Overall Performance
Falling
Falling
% Change
-3.38%
-3.39%
Gold Price Movement in Delhi, June 2024
Date
24K Rate
22K Rate
1st June
₹7,270
₹6,665
30th June
₹7,242
₹6,640
Highest
₹7,390 (7 June)
₹6,775 (7 June)
Lowest
₹7,182 (8 June)
₹6,585 (8 June)
Overall Performance
Falling
Falling
% Change
-0.39%
-0.38%
Gold Price Movement in Delhi, May 2024
Date
24K Rate
22K Rate
1st May
₹7,166
₹6,570
31st May
₹7,291
₹6,685
Highest
₹7,531 (20 May)
₹6,905 (20 May)
Lowest
₹7,166 (1 May)
₹6,570 (1 May)
Overall Performance
Rising
Rising
% Change
+1.74%
+1.75%
Gold Price Movement in Delhi, April 2024
Date
24K Rate
22K Rate
1st April
₹6,953
₹6,375
30th April
₹7,275
₹6,670
Highest
₹7,449 (19 Apr)
₹6,830 (19 Apr)
Lowest
₹6,926 (2 Apr)
₹6,350 (2 Apr)
Overall Performance
Rising
Rising
% Change
+4.63%
+4.63%
Best Jewellers to Buy Gold Jewellery in Delhi
Tanishq Overview: Tanishq, a subsidiary of the Tata Group, is one of India’s most trusted jewelry brands, known for its exquisite craftsmanship and a vast array of designs. Specialties: High-quality gold, diamond, and platinum jewelry, with an emphasis on innovative and contemporary styles. Locations: Multiple branches across Delhi. Why Choose: Transparent pricing, excellent customer service, and a commitment to quality with BIS-hallmarked gold.
Kalyan Jewellers Overview: Kalyan Jewellers is a prominent national brand offering a wide selection of jewelry, blending traditional and modern designs. Specialties: Custom-made options, extensive variety, and hallmark-certified purity.Locations: Various branches in Delhi. Why Choose: Known for both affordable and luxury options, along with a strong focus on customer satisfaction.
Malabar Gold & Diamonds Overview: Malabar Gold & Diamonds is renowned for its extensive collection of traditional and contemporary jewelry in Delhi. Specialties: A diverse range of traditional designs, contemporary jewelry, and BIS-certified gold. Locations: Multiple outlets in Delhi. Why Choose: Competitive pricing, quality assurance, and strong post-purchase support.
GRT Jewellers Overview: Established in 1964, GRT Jewellers offers a variety of gold, diamond, and platinum jewelry collections, making it a favorite among Delhi residents. Specialties: Unique designs and traditional South Indian styles, alongside hallmark certification. Locations: Several showrooms in Delhi. Why Choose: Recognized for quality assurance, transparent pricing, and exceptional customer service.
Saraswathi Jewellers Overview: Popular for its traditional jewelry, Saraswathi Jewellers caters to those looking for elegant and culturally rich designs. Specialties: Customized traditional jewelry, with a focus on wedding collections. Locations: Multiple branches in Delhi. Why Choose: Known for affordability, personalized service, and a wide range of traditional options.
Buying Gold in Delhi: Key Factors to Keep in Mind
Purity Assurance: Always ensure the gold is BIS-hallmarked to certify its purity and authenticity. Hallmarking guarantees the quality of gold, protecting you from counterfeit items.
Price Determinants: Gold prices fluctuate based on karat (e.g., 24K, 22K, 18K). Confirm the purity and related charges before purchasing. While 24K gold is preferred for investments, 22K is commonly used for jewelry.
GST and Making Charges: A 3% Goods and Services Tax (GST) is applicable to gold purchases in India. Additionally, making charges for jewelry vary based on design complexity. These are typically non-refundable, so it’s wise to compare across sellers to minimize costs.
Investing in Gold vs. Other Assets
Fixed Deposits (FDs): FDs offer guaranteed returns with low risk but may not protect against inflation. Gold serves as a hedge against currency devaluation and economic fluctuations, making it suitable for conservative investors.
Real Estate: A long-term investment with the potential for high returns but generally lower liquidity compared to gold, which can be converted to cash more readily.
Stocks and Mutual Funds: Although these offer growth potential, they come with market risks. Gold’s stability makes it an appealing choice for risk-averse investors.
Digital Gold and Its Growing Popularity
Digital gold is becoming a popular alternative for those seeking convenience without dealing with physical gold. Platforms like Paytm and Google Pay allow users to buy, sell, and securely store digital gold in small increments, appealing to tech-savvy investors looking for flexibility. This option is particularly attractive to young and first-time investors, providing secure storage and easy access.
Factors Influencing Today’s Gold Rates in Delhi
Global Economic Conditions: Gold prices are influenced by international trends, such as interest rates and currency strength. Recent economic uncertainties have prompted an increase in gold prices as investors seek safety.
Domestic Demand: Seasonal demand, especially during festivals, elevates gold prices, contributing to price increases observed in October.
Exchange Rates and Import Duties: As India imports most of its gold, fluctuations in the rupee-dollar exchange rate impact prices. Changes in import duties also affect costs amid currency volatility.
Is Now a Good Time to Invest in Gold?
With rising prices, many view this as a favorable time to invest in gold, which serves as a hedge against inflation and economic instability. For those seeking low-risk assets, gold is especially appealing in a volatile stock market and fluctuating interest rates.
Gold Investment Options
Physical Gold: Traditional jewelry or bullion.
Digital Gold: Accessible through mobile wallets and online platforms.
Gold ETFs and Bonds: Ideal for investors interested in gold without holding physical assets.
Tracking Daily Gold Price Changes
Monitoring gold prices is straightforward with tools like Google Finance, which provide real-time rates across major cities for various purities (24K, 22K, 18K). Users can track prices, fluctuations, and trends, reflecting national and international influences. This user-friendly platform serves as a valuable resource for investors, jewelers, and buyers making informed purchasing decisions.
