Gold Price At Record High — Check Rates In Delhi, Mumbai, Chennai, Other Cities

Gold Price Today: India, the world’s second-largest consumer of gold after China, relies heavily on imports to meet its demand, with recycled gold making up only a small portion of supply. Since the precious metal is traded internationally in US dollars, any change in the rupee-dollar exchange rate has a direct bearing on local prices. In addition, domestic gold rates are shaped by factors such as import duties, Goods and Services Tax (GST), and state-specific levies.

In India, gold is valued not just as an investment but as a cultural symbol of wealth and prosperity. It is deeply woven into traditions and often seen as a safe asset during periods of inflation or economic instability. Yet, its prices remain highly sensitive to global developments. Movements in bond yields, decisions by central banks, and changes in investor outlook all play a key role in driving international prices, which in turn keep Indian rates closely aligned with the broader global market.

The current gold rates in Delhi stand at Rs 9,720 per gram for 22-karat gold and Rs 10,603 per gram for 24-karat gold (commonly known as 999 gold).