As of today, the price of 24K gold is ₹12,628 per gram, while 22K gold stands at ₹11,575 and 18K gold at ₹9,471. There has been a slight increase in prices compared to both yesterday and the previous week. Last week, 24K gold was approximately ₹12,202, and 22K gold was priced at ₹11,185. The recent rise in prices began on November 10 and has persisted into today, with 24K gold increasing by ₹426 and 22K gold by ₹390. The fluctuations in gold prices are influenced by global market rates, inflation, interest rates, and central bank reserves. When investors seek to minimize risk in stocks, they often turn to gold, thereby boosting its demand and price.
Over the past month, gold has displayed a gradual upward trend, with 24K gold seeing the highest increase, followed by 22K and 18K. Investing in gold is considered a secure option, and it can be acquired physically or through jewelry and bullion markets.
