Gold Rate Across Different Parts of India: 12th May 2022

Gold Rate Across Different Parts of India

As far as buying gold is concerned in India, this yellow metal holds a lot of sentimental value in the minds of Indian people. People see gold as a sign of prosperity and wealth. Gold, being an expensive metal, was traditionally bought by the wealthiest people. But in today’s time, there has been a huge demand for gold. The majority of the gold bought in the country is in the form of gold jewellery. Generally, Indian women buy gold in the form of gold jewellery. Gold jewellery is worn out by women across the country during various festivals. However, Indian men, on the other hand, prefer gold coins and bars as they do not have an additional cost associated with it.

Moreover, the price of gold in India fluctuates on a daily basis. It is important to check the gold prices before making any new purchases. Moreover, if you are planning to invest in gold then it is advisable to check the current as well as previous market rates for gold to benefit the most from your investment. The Gold rate in India today will give you an idea about the current gold prices in India and if they will further increase or decrease.

Price of Gold in Different Parts of the Country

The price of gold can vary from one location to another across the country. Below are some cities of India with their gold rates respectively:

Mumbai

Mumbai has seen a huge demand for the yellow metal over a period of time. However, the majority of people who live in Mumbai tend to invest their money. These investments can either be gold or other forms of investment. But before investing in gold, it is important to know the price of gold in Mumbai today. The gold rate in Mumbai as of today stands at INR 5149 for 1 gram of 24 Karat gold, and INR 4720 for 1 gram of 22 Karat gold.

Delhi

Delhi, the capital of India has a huge demand for gold and a lot of people have been investing in gold here for a very long period of time. Whether you are buying gold for investment or consumption purposes, it is advisable to check the price of gold in Delhi before investing your money. Moreover, the price of gold in Delhi for today is INR 5149 per gram for 24 carat gold and INR 4720 per gram for 22 carat gold. 

Pondicherry

People in Pondicherry buy gold jewellery for their own personal usage as well as for gifting gold during various festivals and family occasions. The city of Pondicherry being a port city has a huge demand for gold and because of its location you might be able to buy gold much cheaper than other parts in the country. However, it is important to check the price of gold in Pondicherry before making any purchase. The Gold Rate today Pondicherry is INR 5102 per gram for 24 carat gold and INR 4859 per gram for 22 carat gold.

Vizag

Visakhapatnam, the city with the maximum population in Andhra Pradesh also has a huge demand for gold. Therefore, it is important to check the price of gold in Vizag before investing. As of today, the gold rate in Visakhapatnam is INR 5149 per gram for 24 carat gold and INR 4720 per gram for 22 carat gold.

The above are some of the Indian cities with the largest demand for gold with their respective gold rates. It is advisable to check the current gold rate in your city before making any new gold investments. By doing so you would be able to buy gold at the lowest rate possible in order to be able to sell it at higher rates to benefit the most from your gold investment.