Gold Rate Today: Gold Prices in India Show Mild Rise Amid Global and Domestic Factors
Gold Rate Today: Gold prices across India witnessed a marginal increase on Friday, December 19, influenced by a combination of global market trends, currency movement, and steady domestic demand. Precious metal prices often reflect changes in international bullion markets, the strength of the US dollar, inflation expectations, and seasonal buying patterns in India. On this day, both 22 carat and 24 carat gold recorded slight upward movement, keeping investors and buyers attentive to daily price fluctuations.
The price of 22 carat gold in India stood at Rs 1,23,610 per 10 grams, while 24 carat gold was priced at Rs 1,34,850 per 10 grams. These rates are indicative of stable demand from the jewellery sector and cautious optimism among investors who view gold as a safe asset.
Factors Influencing Gold Prices Today
Gold prices do not move in isolation. They are affected by multiple interconnected factors such as international gold rates, foreign exchange trends, interest rate expectations, and geopolitical developments. A softer currency often makes gold more attractive for domestic buyers, while global uncertainty can increase demand for the metal as a hedge against risk. In India, festive seasons, weddings, and investment buying also play a major role in shaping daily gold rates.
Gold Rate in Ahmedabad
In Ahmedabad, gold prices reflected a minor upward trend similar to the national average. The rate of 22 carat gold in the city was recorded at Rs 1,23,660 per 10 grams, while 24 carat gold was priced at Rs 1,34,900 per 10 grams. The city continues to see consistent interest from jewellery buyers as well as long-term investors.
Gold Rate in Delhi
Delhi reported slightly higher gold prices compared to some other major cities. The price of 22 carat gold in the national capital reached Rs 1,23,760 per 10 grams, whereas 24 carat gold was available at Rs 1,35,000 per 10 grams. Being a major consumption hub, gold rates in Delhi often remain marginally higher due to demand and local market conditions.
Gold Rate in Mumbai
Mumbai, considered one of India’s key bullion markets, recorded gold prices aligned closely with the national average. The rate of 22 carat gold stood at Rs 1,23,610 per 10 grams, while 24 carat gold was priced at Rs 1,34,850 per 10 grams. Market participants in Mumbai closely track global cues as the city plays a vital role in gold trading and imports.
Gold Rate in Kolkata
Kolkata also saw stable gold prices on December 19. The price of 22 carat gold was Rs 1,23,610 per 10 grams, and 24 carat gold was priced at Rs 1,34,850 per 10 grams. Gold remains culturally significant in the region, with steady demand throughout the year for both ornaments and investment purposes.
Gold Rate in Bengaluru
In Bengaluru, gold prices mirrored those of several other metro cities. The rate for 22 carat gold was Rs 1,23,610 per 10 grams, while 24 carat gold stood at Rs 1,34,850 per 10 grams. The city has seen growing interest in digital gold and investment-linked gold products in recent years.
Gold Rate in Hyderabad
Hyderabad reported gold prices similar to the national benchmark. The price of 22 carat gold in the city was Rs 1,23,610 per 10 grams, and 24 carat gold was available at Rs 1,34,850 per 10 grams. Traditional demand combined with modern investment preferences continues to support gold consumption in the region.
Gold Rate in Chennai
Chennai recorded comparatively higher gold prices among major cities. The rate of 22 carat gold was Rs 1,24,410 per 10 grams, while 24 carat gold reached Rs 1,35,720 per 10 grams. The city is known for strong jewellery demand, especially during festivals and wedding seasons, which often influences local pricing.
Outlook for Gold Buyers and Investors
With gold prices showing mild fluctuations, buyers are advised to monitor daily rates and global developments before making purchase decisions. Long-term investors often consider gold as a hedge against inflation and economic uncertainty, while jewellery buyers may look for price stability and purity assurance. As global markets continue to evolve, gold is expected to remain an important asset in both investment portfolios and cultural traditions.