The price of gold rose today, with both 24-karat and 22-karat rates witnessing a notable increase in Mumbai, Delhi, and other metro cities. Analysts attribute the rise to stronger global demand and a softening of the US dollar, boosting safe-haven buying.
In Mumbai, 24K gold is retailing around ₹6,250 per gram, while 22K gold stands close to ₹5,730 per gram. In Delhi, 24K gold prices have reached approximately ₹6,270 per gram.
With the wedding season approaching, jewelers expect consistent momentum in gold demand across India, driving further price stability and short-term gains.