Gold Prices Spike Across Indian Cities Amid Rising Geopolitical Uncertainty
National Gold Rates (Per Gram)
- 24 Carat (Pure Gold): ₹9,960
- 22 Carat (Standard Gold): ₹9,130
- 18 Carat: ₹7,470
These prices reflect a notable increase from the previous day, with 24K gold rising by ₹60 per gram and 22K by ₹55 per gram.
Gold Prices Across Cities (Per Gram)
| City | 24K Gold | 22K Gold | 18K Gold |
|---|---|---|---|
| Mumbai | ₹9,960 | ₹9,130 | ₹7,470 |
| Delhi | ₹9,960 | ₹9,130 | ₹7,470 |
| Chennai | ₹9,960 | ₹9,130 | ₹7,470 |
| Bangalore | ₹9,960 | ₹9,130 | ₹7,470 |
| Hyderabad | ₹9,960 | ₹9,130 | ₹7,470 |
| Kolkata | ₹9,960 | ₹9,130 | ₹7,470 |
| Ahmedabad | ₹9,960 | ₹9,130 | ₹7,470 |
| Pune | ₹9,960 | ₹9,130 | ₹7,470 |
| Vadodara | ₹9,960 | ₹9,130 | ₹7,470 |
| Kerala | ₹9,960 | ₹9,130 | ₹7,470 |
The consistent pricing across major cities reflects a unified trend driven by current market conditions.
Market Trends
The rise in gold prices is largely attributed to escalating tensions between India and Pakistan, leading investors to prioritize gold as a safe-haven asset. This geopolitical turmoil has increased demand, driving prices higher.
Investment Insights
- Short-Term Prediction: Gold prices may continue to climb due to ongoing geopolitical uncertainty.
- Long-Term View: Gold remains a reliable option for diversifying investments and protecting against inflation.
Disclaimer: Gold prices are influenced by market dynamics and may fluctuate. Seek professional advice before making investment decisions.
By ShreeK