Gold Price in Indore

Updated on Dec. 4, 2024, 11:17 a.m.

Find Rates

gold

₹7,130.00/ Gram (22ct)

₹ 0.00

The gold rates in Indore today are ₹71,300.00 for 22 Karat and ₹77,780.00 for 24 Karat per 10 grams, as of the morning session. As the day goes on, the rate might change depending on the trade of the yellow metal. However, the rate you see above won’t be the same across the country. So, we have listed today's gold rates for Indore, the price movement over the last 30 days, and much more on this page. Keep reading!

Today’s Gold Rate in Indore

Gold rates vary across India due to different taxes and factors. In Indore, the prices for 22K and 24K gold differ. Find today's gold rates in Indore here.

Today 22 Carat Gold Price Per Gram in Indore (INR)

Gram Today Yesterday Change
1 gram ₹ 7,130.00 ₹ 7,130.00 ₹ 0.00 ▲
8 gram ₹ 57,040.00 ₹ 57,040.00 ₹ 0.00 ▲
10 gram ₹ 71,300.00 ₹ 71,300.00 ₹ 0.00 ▲
100 gram ₹ 713,000.00 ₹ 713,000.00 ₹ 0.00 ▲

Today 916 KDM Gold Price Per Gram in Indore (INR)

Gram Today Yesterday Change
1 gram ₹ 7,130.00 ₹ 7,130.00 ₹ 0.00 ▲
8 gram ₹ 57,040.00 ₹ 57,040.00 ₹ 0.00 ▲
10 gram ₹ 71,300.00 ₹ 71,300.00 ₹ 0.00 ▲
100 gram ₹ 713,000.00 ₹ 713,000.00 ₹ 0.00 ▲

Today 24 Carat Gold Price Per Gram in Indore (INR)

Gram Today Yesterday Change
1 gram ₹ 7,778.00 ₹ 7,778.00 ₹ 0.00 ▲
8 gram ₹ 62,224.00 ₹ 62,224.00 ₹ 0.00 ▲
10 gram ₹ 77,780.00 ₹ 77,780.00 ₹ 0.00 ▲
100 gram ₹ 777,800.00 ₹ 777,800.00 ₹ 0.00 ▲

Gold Rate Weekly Comparison - 22K vs 24K

Gold Rate in Indore for last 30 days(1 Gram)

Date 22K 24K
December 4, 2024 ₹ 7,130.00

(0.00)

₹ 7,778.00

(0.00)

December 3, 2024 ₹ 7,130.00

(40.00)

₹ 7,778.00

(43.00)

December 2, 2024 ₹ 7,090.00

(60.00)

₹ 7,735.00

(65.00)

December 1, 2024 ₹ 7,150.00

(0.00)

₹ 7,800.00

(10.00)

November 30, 2024 ₹ 7,150.00

(10.00)

₹ 7,810.00

(1.00)

November 29, 2024 ₹ 7,160.00

(67.00)

₹ 7,811.00

(76.00)

November 28, 2024 ₹ 7,093.00

(12.00)

₹ 7,735.00

(16.00)

November 27, 2024 ₹ 7,105.00

(94.00)

₹ 7,751.00

(103.00)

November 26, 2024 ₹ 7,199.00

(100.00)

₹ 7,854.00

(109.00)

November 25, 2024 ₹ 7,299.00

(1.00)

₹ 7,963.00

(1.00)

November 24, 2024 ₹ 7,300.00

(0.00)

₹ 7,964.00

(0.00)

November 23, 2024 ₹ 7,300.00

(75.00)

₹ 7,964.00

(82.00)

November 22, 2024 ₹ 7,225.00

(80.00)

₹ 7,882.00

(87.00)

November 21, 2024 ₹ 7,145.00

(30.00)

₹ 7,795.00

(33.00)

November 20, 2024 ₹ 7,115.00

(50.00)

₹ 7,762.00

(55.00)

November 19, 2024 ₹ 7,065.00

(131.00)

₹ 7,707.00

(143.00)

November 18, 2024 ₹ 6,934.00

(1.00)

₹ 7,564.00

(1.00)

November 17, 2024 ₹ 6,935.00

(26.00)

₹ 7,565.00

(27.00)

November 16, 2024 ₹ 6,961.00

(1.00)

₹ 7,592.00

(1.00)

November 15, 2024 ₹ 6,960.00

(25.00)

₹ 7,591.00

(26.00)

November 14, 2024 ₹ 6,935.00

(110.00)

₹ 7,565.00

(120.00)

November 13, 2024 ₹ 7,045.00

(174.00)

₹ 7,685.00

(190.00)

November 12, 2024 ₹ 7,219.00

(1.00)

₹ 7,875.00

(1.00)

November 11, 2024 ₹ 7,220.00

(55.00)

₹ 7,876.00

(60.00)

November 10, 2024 ₹ 7,275.00

(0.00)

₹ 7,936.00

(0.00)

November 9, 2024 ₹ 7,275.00

(10.00)

₹ 7,936.00

(11.00)

November 8, 2024 ₹ 7,285.00

(85.00)

₹ 7,947.00

(91.00)

November 7, 2024 ₹ 7,200.00

(180.00)

₹ 7,856.00

(194.00)

November 6, 2024 ₹ 7,380.00

(10.00)

₹ 8,050.00

(11.00)

Historical Price of Gold Rate in Indore

Gold Price Movement in November 2024

Gold Rates 22K 24K
1st November rate ₹ 73,850.00 ₹ 80,560.00
30th November rate ₹ 71,500.00 ₹ 78,100.00
Highest rate in November 2024 ₹ 73,850.00 ₹ 80,560.00
Lowest rate in November 2024 ₹ 69,340.00 ₹ 75,640.00
Over all performance Falling Falling
% Change -3.18% -3.05%

Gold Price Movement in October 2024

Gold Price Movement in September 2024

Gold Price Movement in August 2024

Gold Price Movement in July 2024

Gold Price Movement in June 2024

2023 Gold Rates in Indore (10 Grams)

Months 22K 24K
December 2023 ₹58,090.00

(1300.00)

₹63,240.00

(1390.00)

November 2023 ₹56,790.00

(3050.00)

₹61,850.00

(3300.00)

October 2023 ₹53,740.00

(1700.00)

₹58,550.00

(1800.00)

September 2023 ₹55,440.00

(350.00)

₹60,350.00

(450.00)

August 2023 ₹55,790.00

(1250.00)

₹60,800.00

(1350.00)

July 2023 ₹54,540.00

(1550.00)

₹59,450.00

(1600.00)

June 2023 ₹56,090.00

(0.00)

₹61,050.00

(0.00)

May 2023 ₹56,090.00

(700.00)

₹61,050.00

(300.00)

April 2023 ₹55,390.00

(3400.00)

₹60,750.00

(3800.00)

March 2023 ₹51,990.00

(1650.00)

₹56,950.00

(1900.00)

February 2023 ₹53,640.00

(2350.00)

₹58,850.00

(3600.00)

January 2023 ₹51,290.00

(0.00) --

₹55,250.00

(0.00) --

2022 Gold Rates in Indore (10 Grams)

Months 22K 24K
December 2022 ₹49,590.00

(2890.00)

₹53,450.00

(2930.00)

November 2022 ₹46,700.00

(50.00)

₹50,520.00

(0.00)

October 2022 ₹46,750.00

(150.00)

₹50,520.00

(150.00)

September 2022 ₹46,600.00

(600.00)

₹50,370.00

(780.00)

August 2022 ₹47,200.00

(0.00) --

₹51,150.00

(0.00) --

Gold is the best way to make an investment for your future and see this investment reaching heights. Gold rates have been rising constantly. These rates are subject to fluctuations based on market conditions and global economic factors. Gold rates in Indore for 24k is ₹7778.00 and for 22k is ₹7130.00 per 1 grams.

This article will help you explore the ways to invest in Gold in Indore and the best prices so that you can make a perfect deal.

How to Purchase Gold in Indore?

Purchasing gold in Indore can be done through various channels:

Jewellery Stores

Several jewellery showrooms like Tanishq, Kalyan Jewellers, PC Jeweller and many others are available in Hyderabad. Local jewellery shops like DP Jewellers and Bafna Jewellers are also famous for buying gold in Indore.

Online Retailers

Most jewellery shops have evolved to sell gold online, through which customers can buy gold from the comfort of their homes. It is as simple as visiting CaratLane or BlueStone online stores.

Banks and NBFCs

Most banks and several NBFCs deal with gold coins and bars. These are ensured by purity and other qualities, but they come with a higher price due to packaging and other administrative costs.

Gold ETFs and Sovereign Gold Bonds

For investment purposes, Gold ETFs and Sovereign Gold Bonds are viable options as they offer liquidity and safety.

Factors that Impact Gold Rate in Indore

Several factors influence the gold rate in Indore:

  • International Market Trends: Gold prices in Indore are affected by the global gold market. Changes in the international price of gold directly impact local prices.
  • Currency Exchange Rates: The value of the Indian Rupee against the US Dollar plays an important role.
  • Inflation: High inflation generally leads to an increase in gold prices, as gold is considered a hedge against inflation.
  • Demand and Supply: Festive seasons and wedding seasons see a rise in demand, leading to higher prices.
  • Government Policies: Import duties, taxes, and regulations imposed by the government can affect gold prices.
  • Geopolitical Stability: Political and economic stability can impact gold prices.

Best Gold Investment Strategies in Indore

Best gold investment strategies in Indore are:

  • Buying gold jewellery, coins, or bars is the most traditional form of investment.
  • Gold Exchange-Traded Funds allow you to invest in gold without physically owning it.
  • Issued by the government, Sovereign gold bonds offer interest and are a safe investment option.
  • Platforms like Paytm, Google Pay, and PhonePe offer the option to buy digital gold, which can be redeemed for physical gold at a later date.

How is the Purity of Gold Evaluated in Indore ?

The purity of gold is evaluated using various methods like:

Method Description Advantages Disadvantages
Hallmarking Certification by the Bureau of Indian Standards (BIS) that includes details such as BIS logo, purity in karats, assay centre's mark, and jeweller’s mark. Official and widely recognized; Reliable Relies on the integrity of the hallmarking process.
Karat Meter An electronic device that uses X-ray fluorescence to measure gold purity. Instant results; Non-destructive Expensive equipment; Availability may be limited
Acid Test Involves scratching the gold on a stone and applying acid to observe the reaction Simple and low-cost Destructive; Less precise than modern techniques
XRF Spectrometer Uses X-Ray Fluorescence to analyse and measure the purity of gold accurately Highly accurate; Non-destructive Very expensive equipment; Requires skilled operation
Touchstone Method A traditional method where gold is rubbed on a touchstone and tested with different acids. Simple and low-cost; Portable Destructive; Subjective and less precise

Wrapping Up

Understanding the gold rate and the factors influencing it is important for making informed decisions when purchasing or investing in gold in Indore. Whether buying physical gold, digital platforms, or financial instruments like Gold ETFs and Sovereign Gold Bonds, knowing how to check gold purity and staying updated with current prices can help maximise your investment returns. Indore offers various sources for buying gold, ensuring that consumers have access to high-quality and pure gold products.

Frequently Asked Questions (FAQs)

How often do gold prices change in Indore?

Where can I buy authentic gold jewellery in Indore?

How can I invest in gold without buying physical gold?

What factors affect gold prices in Indore?

Is it better to buy gold coins or jewellery for investment?

How do I check the purity of gold jewellery?

What is the difference between 22K and 24K gold?

Can I buy gold online in Indore?

*Please note that the gold rates mentioned are indicative and may vary. GST, TCS, and other applicable charges are not included. For accurate and updated rates, kindly contact your local jeweller.

Gold Rate Calculator

Gram

₹ 0.0

Know Your CIBIL Score, Enjoy Better Loan Approvals!
Check Your Free CIBIL Score Now!