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Indians love gold and that is why India is the world’s largest gold consumer. Silver is another favourite precious metal. Most Indians prefer to stock up on the precious metals in the form of jewellery. Many factors drive gold and silver prices at any point in time such as the demand and supply conditions, global rates, and currency fluctuations. Gold is also considered a safe haven metal and gold prices rise when other asset classes look risky.
| Date | Standard Gold Rate (22 K)Change from the previous day | Pure Gold Rate (24 K)Change from the previous day | ||
|---|---|---|---|---|
| 1 gram | 8 grams | 1 gram | 8 grams | |
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