Gold price today: Check rates of 22/24 Carats in India

Gold price in Delhi for 24 Carat Per Gram is at Rs 3,166, which is Rs 1 up from yestersay's Rs 3,165, and 8 gram will cost Rs 25,328, which is Rs 8 up from yesterday's Rs 25,320. If we look at 10 gram gold, it will cost Rs 31,660, which is Rs 10 up from yesterday's Rs 31,650.

Gold price today: Check rates of 22/24 Carats in India
Gold prices were higher by Rs 111 to Rs 30,281 per 10 grams in futures trade today in the wake of positive cues from global markets. Image source: Reuters
Written By: ZeeBiz WebTeam
Updated: Fri, Aug 31, 2018
02:07 pm
New Delhi, ZeeBiz WebDesk
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Gold prices were higher by Rs 111 to Rs 30,281 per 10 grams in futures trade today in the wake of positive cues from global markets.

According to GoldPriceIndia, gold price in India for 24 karat gold is Rs 30,296 per 10 grams, while the price for 22 karat gold is Rs 27,771 per 10 grams.

Gold price in Delhi for 22 Carat Gold Price Per Gram today is at Rs 2,946, which is Rs 1 up from yesterday's Rs 2,945. While 8 gram will cost Rs Rs 23,568, which is Rs 8 up from yesterday's Rs 23,560. If we look at 10 gram gold, it will cost Rs 29,460, which is Rs 10 up from yesterday's Rs 29,450, according to goodreturns.in.

However, Gold price in Delhi for 24 Carat Per Gram is at Rs 3,166, which is Rs 1 up from yestersay's Rs 3,165, and 8 gram will cost Rs 25,328, which is Rs 8 up from yesterday's Rs 25,320. If we look at 10 gram gold, it will cost Rs 31,660, which is Rs 10 up from yesterday's Rs 31,650.

Gold price in other Indian cities, according to GoldPriceIndia 

The precious metal may not be a favorite in the last few years, as prices have moved in a tight range. A fall in equity prices at the start of the year, has reportedly witnessed some attraction to gold as an investment. 

According to Reuters, gold prices inched up on Friday but remained on course to rack up their longest monthly losing streak since 2013, hit by worries over lingering US-Sino trade tensions.

Spot gold was up 0.2 percent at $1,202.04 an ounce at 0321 GMT, after touching a near one-week low of $1,195.95 on Thursday. Prices are down 1.7 percent so far this month, on track for a fifth straight monthly decline, said the report, adding that US gold futures were up 0.2 percent at $1,207.90 an ounce.

"As $1,200 is always a psychological level, there will be some battle to regain that ... It is going to be critical whether prices are going to close above or below that level today," Brian Lan, managing director at dealer GoldSilver Central in Singapore told Reuters.

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Notably, gold prices have declined about 7.7 percent so far this year amid international trade disputes and the Turkish currency crisis, with investors preferring the dollar as a safe-haven.

Globally, gold rose 0.37 per cent at USD 1,204 an ounce in Singapore today.