Gold price today in India have experienced wild fluctuations over the past 24 hours. Previously, gold prices had experienced significant volatility despite a decline in November. Gold prices in India are experiencing sharp volatility, influenced by a combination of factors such as the strengthening of the US dollar, global economic uncertainty, and international commodity market dynamics.
Gold Price Today in India November 29, 28k, 22k, 24k
Here is a summary of gold price today in India by the Price in UK editorial team. The prices listed are the latest prices. Read on for more information and see the difference between today’s and yesterday’s prices.
Today’s 18k Gold Price per Gram in India (INR)
| Gram | Yesterday | Today |
| 1 | ₹8,939.63 | ₹9,085.86 |
| 8 | ₹71,517.05 | ₹72,686.88 |
| 10 | ₹89,396.31 | ₹90,858.59 |
| 100 | ₹893,963.09 | ₹908,585.95 |
Today’s 22k Gold Price per Gram in India (INR)
| Gram | Yesterday | Today |
| 1 | ₹10,926.22 | ₹11,104.94 |
| 8 | ₹87,409.72 | ₹88,839.51 |
| 10 | ₹109,262.15 | ₹111,049.39 |
| 100 | ₹1,092,621.55 | ₹1,110,493.94 |
Today’s 24k Gold Price per Gram in India (INR)
| Gram | Yesterday | Today |
| 1 | ₹11,919.51 | ₹12,114.48 |
| 8 | ₹95,356.06 | ₹96,915.83 |
| 10 | ₹119,195.08 | ₹121,144.79 |
| 100 | ₹1,191,950.78 | ₹1,211,447.93 |
That is the gold price today in India, which, at a glance, continues to rise. So what does that mean? Here is an analysis and report on today’s gold prices in several cities in India.
Analysis of Gold Price Today in India, Which Experienced a Rapid Surge and Correction in a Short Period of Time
In recent trading, gold prices in India have been very active today. Prices have risen and fallen over the past few days. For 18k gold weighing 8 grams, there was a sharp jump of ₹1,169.83 today, despite a decline of ₹17.65 on November 24.
Now, let’s look at today’s gold prices in India for 24k gold. Yesterday, 100 grams of gold was priced at ₹1,191,950.78, but today it has risen to ₹1,211,447.93, which means that in 24 hours, the price has increased by ₹19,497.15, despite a decline of -₹45.38 in the previous few days.
This price change is evident in several major cities in India, such as Mumbai, Delhi, Chennai, and Jaipur. This pattern of price fluctuations indicates that the gold market is currently sensitive to changes in global economic data. However, for the Indian domestic market, such rapid changes are nothing new.
The Impact of Volatility on Local Investors
Today’s high volatility in gold prices in India presents two perspectives for investors. On the one hand, long-term investors can take advantage of this situation to buy gold at a lower price. On the other hand, day traders must be more cautious because rapid price changes can result in significant losses.
Retail investors in India who typically purchase physical gold as a form of savings need to consider the possibility of price changes in the near future. Buying when prices are “too high” risks the value of the investment remaining stagnant or even declining within a few days.
Gold price today in India have fluctuated dramatically over the past 24 hours due to several domestic and foreign factors that have influenced each other. The rise in the value of the US dollar, concerns about inflation, high physical demand ahead of weddings, and geopolitical tensions are the main reasons for the price changes. For investors, this instability can be both an opportunity and a threat, depending on the approach taken. By understanding the causes and monitoring market developments regularly, investors can make smarter and more profitable decisions. Check out the latest gold price updates only at Price in UK.
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