Gold prices across India remained largely stable on Wednesday, with 24K gold trading at Rs 12,943 per gram, while 22K gold stood at Rs 11,864 per gram. The 18K segment was priced at Rs 9,707 per gram, reflecting only marginal movement compared to the previous session. Yesterday, the 22K rate per gram was Rs 12,944, indicating a minimal dip of Re 1 today.
According to market observers, the gold rate continues to be influenced by both global and domestic factors. International spot prices, fluctuations in the U.S. dollar, and seasonal jewellery demand—especially during festivals and weddings—play a key role in determining local prices. Despite recent volatility, gold remains a preferred safe-haven asset for Indian investors due to its decades-long reputation for wealth preservation during periods of inflation and market instability.
Across major cities, 24K gold rates today stood at Rs 13,090 in Chennai, Rs 12,943 in Mumbai and Kolkata, Rs 12,958 in Delhi, and Rs 12,948 in Ahmedabad and Vadodara. The 22K and 18K categories reflected similar stability, with only minor differences between regions.
Gold has historically served not only as a symbol of wealth but also as a reliable store of value, helping households safeguard purchasing power during uncertain economic conditions. Today’s prices indicate a steady trend, with minimal changes across categories and cities.
