According to the GoodReturns, 22-carat gold prices in India are at Rs 5,770 per gram, while for 24-carat the price is at Rs 6,295 per gram on Friday.
On January 19, the price of 22-carat gold was at Rs 57,700 per gram; Rs 62,950 for 10 gm 24-carat gold and silver at Rs 75,500 per kg respectively, according to GoodReturns. At the same time, the silver rate was Rs 75.50 per gram whereas for 10 grams it was Rs 755.
Cities | 22-carat Gold (10 gm) | 24-carat Gold (10 gm) | Silver (1 kg) |
Delhi | 57,850 | 63,100 | 75,500 |
Mumbai | 57,700 | 62,950 | 75,500 |
Chennai | 57,800 | 63,050 | 77,000 |
Kolkata | 57,700 | 62,950 | 75,500 |
Bengaluru | 57,700 | 62,950 | 73,000 |
Hyderabad | 57,700 | 62,950 | 77,000 |
Kerala | 57,700 | 62,950 | 77,000 |
Auspiciousness and Divinity: Gold is associated with prosperity, good luck, and divine blessings. It is used in religious ceremonies, festivals, and pujas, representing purity, divinity, and positive energy. Owning gold signifies auspiciousness and blessings for the family.
Social Symbol and Status: Owning gold jewelry, especially for women, is a symbol of wealth, status, and cultural belonging. It is often gifted at weddings, major milestones, and passed down through generations as a family heirloom.
Aesthetics and Adornment: Gold's beauty and malleability make it a popular choice for crafting exquisite jewelry, adding grandeur and elegance to traditional attire.