Gold Prices Keep Rising – 22K Rate Up by ₹60 per Gram, 25th September 2024
25 September 2024, 12:20 pmFor those considering buying or investing in gold, especially during celebrations, a common question in mind would be: “What’s the gold rate today?”
Well, the uptrend continues. Today, 25th September 2024, gold prices are once again on the rise. The rate for 22K gold has increased by ₹60, now standing at ₹7060 per gram, while 24K gold has seen a hike of nearly ₹66 per gram, bringing its price to around ₹7702 in Chennai and across Tamil Nadu.
Understanding Gold Price and Buying Tips
It’s important to understand that gold prices are influenced by factors like fluctuations in the US dollar rate, import costs, bank interest rates, and other criteria; to be monitored regularly.
There’s a common belief that gold should only be bought in its purest 24 Karat form. But that’s not always practical. For gold jewellery, 22K is more popular as it’s mixed with other metals like copper, making it more durable.
With the consistent change in gold prices, it’s more crucial than ever to plan your strategies. Whether buying for investment or a special occasion, tracking gold price daily changes can help you make the most of your purchase. As the gold market remains unpredictable, keeping a close eye on these trends helps make the right decision at the right time.
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