Home > Gold Rates in Delhi

Gold Rates in Delhi

Gold Rates in Delhi

Delhi - The capital city of India. After Demonetization move a lot of individuals are preferring to invest in or buy gold than keeping the currency at home. So before investing or buying gold, it is advisable to check today gold rates in Delhi. Because gold price in Delhi will be changing every day due to some or other reason so it is better to check the gold rates before buying.

Gold/ Silver prices in other cities

22 Karats Gold Rates in Delhi Today (14 Nov 2018)

Gram 22 Carat Gold Today Price Change compared to yesterday
1 gram ₹ 3,042.80 ₹ 2.40
8 gram ₹ 24,342.40 ₹ 19.20
10 gram ₹ 30,428.00 ₹ 24.00
100gram ₹ 304,280.00 ₹ 240.00

24 Karats Gold Rates in Delhi Today (14 Nov 2018)

Gram 24 Carat Gold Today Price Change compared to yesterday
1 gram ₹ 3,223.20 ₹ 2.10
8 gram ₹ 25,785.60 ₹ 16.80
10 gram ₹ 32,232.00 ₹ 21.00
100gram ₹ 322,320.00 ₹ 210.00

22 Karats Gold Rates in Delhi Yesterday (13 Nov 2018)

Gram 22 Carat Gold Today Price Change compared to yesterday
1 gram ₹ 3,045.20 ₹ 4.80
8 gram ₹ 24,361.60 ₹ 38.40
10 gram ₹ 30,452.00 ₹ 48.00
100gram ₹ 304,520.00 ₹ 480.00

 

24 Karats Gold Rates in Delhi Yesterday (13 Nov 2018)

Gram 24 Carat Gold Today Price Change compared to yesterday
1 gram ₹ 3,225.30 ₹ 4.90
8 gram ₹ 25,802.40 ₹ 39.20
10 gram ₹ 32,253.00 ₹ 49.00
100gram ₹ 322,530.00 ₹ 490.00

 

Gold Rates in Delhi for Last 7 days

Date 22 karats 24 karats
13 Nov 18 ₹ 30,452.00 ₹ 32,253.00
12 Nov 18 ₹ 30,500.00 ₹ 32,302.00
9 Nov 18 ₹ 31,705.00 ₹ 32,835.00
8 Nov 18 ₹ 31,023.00 ₹ 33,008.00
6 Nov 18 ₹ 31,001.00 ₹ 33,052.00
5 Nov 18 ₹ 31,049.00 ₹ 33,201.00
2 Nov 18 ₹ 31,085.00 ₹ 32,799.00

Graph of Gold Rates in Delhi

How is gold imported into Delhi?

In Delhi, Gold is imported in multiple ways. After which 22 karats and 24 karats gold rates are decided. This process is not so simple to understand. Individuals in Delhi love gold ad buy gold every year for multiple reasons. There is a process for this and this is how it works.

Every year a lot of gold is imported into India as the consumption is very high. If we heck the statistics of imports of gold in 2014-15 nearly 916 tons of gold is imported into India.

Of the imports, a large part of gold is imported to Delhi as the consumption of gold in Delhi is high.

The importers who import gold in India are the banks and the central government. They buy gold by paying through foreign reserves.

Once the bank's imports gold into Delhi they add margin to the rate they brought for and sell it to the gold dealers. Then the gold dealers will again set a margin for them and sell the gold to the retailers.

The retailers will make jeweler of it or and sell it by adding their margin and the making charges and other charges. SO by the time, a customer pays the price will be very different as he has to pay margins for all of them.

It is advised to the investors in Delhi if they are planning to buy gold as an investment than buying from a goldsmith or jeweler better buy gold from the bank because in that case, they will be paying margin only to the bank. And will get the gold as per gold rates in Delhi.