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 | |
Sensex gains 650 pts from day's low, Nifty near 24,450: Key reasons behind market rise
Blackstone-backed AirTrunk to enter India with Lumina CloudInfra acquisition
Trump tariff refunds start from Monday, largest in US history: Who gets the money back?
US Iran war live: Iran holds firm on Lebanon truce, asset release; sees US talks as ‘battlefield extension’