Gold Rate In India On June 17 2023: Gold has been an ideal hedge against inflation over the years. Investors view gold as an increasingly significant investment. We provides the following gold price in India information for educational purposes only. Today’s gold prices were obtained from reputable jewellers across the nation. Gold prices in India are currently 5,510 per gramme for 22k gold and 6,011 per gramme for 24k gold, also known as 999 gold.’
Gold Rate In India On June 17 2023: Price Today in Major Cities of India
| City | 24-Carat Gold Rate (10 grams) |
22 Carat Gold Rate (10 grams) |
|---|---|---|
|
Ahmedabad
|
₹ 60,160 | ₹ 55,150 |
|
Amritsar
|
₹ 52,200 | ₹ 47,850 |
|
Bangalore
|
₹ 60,160 | ₹ 55,150 |
|
Bhopal
|
₹ 52,200 | ₹ 47,850 |
|
Bhubaneswar
|
₹ 60,110 | ₹ 55,100 |
| ₹ 60,260 | ₹ 55,250 | |
|
Chennai
|
₹ 52,285 | ₹ 47,927 |
|
Coimbatore
|
₹ 60,460 | ₹ 55,420 |
| ₹ 60,260 | ₹ 55,250 | |
|
Faridabad
|
₹ 52,150 | ₹ 47,804 |
|
Gurgaon
|
₹ 52,100 | ₹ 47,758 |
|
Hyderabad
|
₹ 60,110 | ₹ 55,100 |
|
Jaipur
|
₹ 60,260 | ₹ 55,250 |
|
Kanpur
|
₹ 52,290 | ₹ 47,932 |
|
Kerala
|
₹ 60,110 | ₹ 55,100 |
|
Kochi
|
₹ 52,290 | ₹ 47,932 |
|
Kolkata
|
₹ 60,110 | ₹ 55,100 |
|
Lucknow
|
₹ 60,260 | ₹ 55,250 |
|
Madurai
|
₹ 60,460 | ₹ 55,420 |
|
Mangalore
|
₹ 60,160 | ₹ 55,150 |
|
Meerut
|
₹ 52,275 | ₹ 47,918 |
|
Mumbai
|
₹ 60,110 | ₹ 55,100 |
|
Mysore
|
₹ 60,160 | ₹ 55,150 |
|
Nagpur
|
₹ 60,110 | ₹ 55,100 |
|
Nashik
|
₹ 60,140 | ₹ 55,130 |
|
Patna
|
₹ 60,160 | ₹ 55,150 |
|
Pune
|
₹ 60,110 | ₹ 55,100 |
|
Surat
|
₹ 60,160 | ₹ 55,150 |
|
Vadodara
|
₹ 60,160 | ₹ 55,150 |
|
Vijayawada
|
₹ 60,110 | ₹ 55,100 |
|
Visakhapatnam
|
₹ 60,110 | ₹ 55,100 |
Investing in Gold
Over the centuries, gold investments have evolved, and gold now offers more investment opportunities than ever before. Investing in gold acts as a hedge against inflation, with fluctuating gold prices offsetting any potential inflation. The following are some of the most prominent gold investment options in Kolkata.
Jewellery – When it comes to purchasing gold, Indians favour purchasing jewellery. Historically, jewellery was not viewed as an investment, but this perception is changing. Gold jewellery can be exchanged or sold, making it a viable emergency investment option.
Gold Accumulation Plans – These plans allow an investor to deposit a predetermined quantity of gold each month. After a predetermined period of time, the investor has the option of redeeming their deposits for gold coins or jewellery.
Gold Bullion Bars – Gold bars are regarded as a safe investment, and every nation invests in maintaining a certain quantity of gold bars as reserves. There are numerous high-net-worth individuals in Kolkata, and gold bars can be an excellent investment opportunity for them. These bars are 99.5% pure and can weigh up to 1 kilogramme, making them exceptional investments with a high value.
Gold Bullion Coins – These coins are a great option for investors with limited funds. One can purchase coins based on their weight, ranging from 1g to 10g. With no wastage or production costs, coins offer a better value than jewellery and can be converted into cash if necessary.
Allocated Gold Accounts – Many individuals are concerned about the security of their gold investments, and this plan is ideal for those who want to own gold but do not desire to carry it with them. Gold accounts assure the gold’s safety and security in banks, allowing the owner to access it at any time.
