Gold Rate Today: Gold prices in India have shown notable volatility in recent days. After witnessing skyrocketing prices, it saw a decline during the Diwali 5-day festivities. The yellow metal is considered an ideal inflation hedge, with 24-carat gold being the most expensive form of gold and commonly used for investment purposes. In contrast, 22-carat gold and 18-carat gold are primarily utilised for jewellery.
Gold rate in India today, on October 28 (INR):
Gold prices saw a decline across all purity levels on October 28, Tuesday. The price of 24-karat gold fell by ₹82 to ₹12,246 per gram, while 22-karat gold dropped by ₹75 to ₹11,225 per gram. Similarly, 18-karat gold recorded a decrease of ₹62, bringing the rate to ₹9,184 per gram.
