Gold Rate Today: Gold Rate in India on December 23, 2024

Gold prices in India remain a key factor in household investments, cultural celebrations, and long-term financial security. On December 23, 2024, gold rates witnessed a slight dip compared to the previous day, reflecting dynamic global and domestic market conditions.

Gold Rate Today (Per 10 Grams)

• 24 Karat Gold: ₹77,613 (-₹10.00)
• 22 Karat Gold: ₹71,163 (-₹10.00)

Gold Rates (Per Gram)

• 24 Karat Gold (999 purity): ₹7,761.30
• 22 Karat Gold (91.6% purity): ₹7,116.30

Factors Influencing Gold Rates in India

Gold prices are shaped by several factors:

1. Global Market Trends: Prices are influenced by international demand, supply disruptions, and currency fluctuations.
2. Economic and Geopolitical Events: Events like inflation, interest rate changes, or geopolitical tensions directly affect rates.
3. Indian Market Trends: Festivals, weddings, and cultural traditions drive domestic demand, impacting gold prices locally.

Gold Rates in Major Indian Cities

City	22K Rate (₹)	24K Rate (₹)
Bangalore	71,005	77,455
Chennai	71,011	77,461
Delhi	71,163	77,613
Kolkata	71,015	77,465
Mumbai	71,017	77,467
Pune	71,023	77,473

Gold Price Trends: December 2024

• Highest Rates (12 Dec):
  • 22K: ₹73,033
  • 24K: ₹79,653
• Lowest Rates (21 Dec):
  • 22K: ₹70,563
  • 24K: ₹76,963
• Overall Trend: Slight decline of 0.71% for 22K and 0.72% for 24K in December.

10-Day Gold Rate Movement

Date	22K (₹/Gram)	24K (₹/Gram)
Dec 22, 2024	7,117.30	7,762.30
Dec 21, 2024	7,056.30	7,696.30
Dec 20, 2024	7,086.30	7,729.30
Dec 19, 2024	7,151.30	7,800.30
Dec 18, 2024	7,168.30	7,818.30

Gold Rate Insights

• Cultural Importance: Gold is integral to Indian traditions, especially during weddings and festivals.
• Investment Value: For many, gold is a hedge against inflation and economic uncertainty.

Disclaimer

Gold rates may vary slightly depending on jewellers, location, and additional costs like making charges. Always verify rates locally before making a purchase.