Going ahead, the festive season will play a key role in defining the movement in gold prices. However, according to the World Gold Council, elevated gold prices or any renewed surge could impact gold demand in the festive season.

The rate of gold today has increased by Rs 1 in each 18, 22, and 24 carat of 1 gram. On the other hand, the silver price has also decreased slightly.

Gold regains momentum, hits new records; discounts narrow in India. Investment demand steers festive gold buying revival.

Gold prices dropped on September 18, despite US Federal Reserve slashing its policy repo rate by 25 basis points. This comes as investors may have resorted to profit booking at elevated levels.

Gold’s record-setting rally took a breather on Thursday as prices slipped in early trade, pressured by a firmer US dollar and cautious signals from the Federal Reserve following its latest policy decision.

Gold prices in India today stand at ₹11,170 per gram for 24 karat, ₹10,239 for 22 karat, and ₹8,377 for 18 karat gold. These rates, often referred to as 999 purity for 24K, are sourced from reputed jewellers and reflect the latest market trends.

Today's 18, 22 and 24 Carat Gold Prices in Chennai, Bangalore, Hyderabad, Mumbai, Delhi: The price of gold in India today is ₹11,117 per gram for 24 karat gold, ₹10,190 per gram for 22 karat gold and ₹8,

By Rajendra Jadhav and Brijesh Patel NEW DELHI (Reuters) -Gold demand in India this festive season is expected to be weaker than last year, as record-high prices are likely to curb jewellery purchases,

Gold prices in India edged higher on Saturday, with 24-carat gold rising by ₹10 per 10 grams, while silver slipped ₹100 per kilogram.