Gold prices in Kolkata have increased significantly on 29th November 2024, offering important insights for both investors and buyers. The price of 22-karat gold has risen to ₹7,160 per gram, marking a ₹70 increase from yesterday’s rate. Meanwhile, 24-karat gold is now priced at ₹7,811 per gram, reflecting a hike of ₹76. Additionally, 18-karat gold stands at ₹5,858 per gram, with a ₹57 rise in price.
Comparative Rates:
22K Gold (INR):
- 1 gram: ₹7,160
- 8 grams: ₹57,280
- 10 grams: ₹71,600
- 100 grams: ₹7,16,000
24K Gold (INR):
- 1 gram: ₹7,811
- 8 grams: ₹62,488
- 10 grams: ₹78,110
- 100 grams: ₹7,81,100
18K Gold (INR):
- 1 gram: ₹5,858
- 8 grams: ₹46,864
- 10 grams: ₹58,580
- 100 grams: ₹5,85,800
Why This Matters:
The steady increase in gold prices highlights the growing demand for this precious metal in the market. 22-karat gold, widely used for making jewelry, remains a popular choice for buyers. On the other hand, 24-karat gold, known for its purity, is a preferred option for investment.
Pro Tips for Buyers:
- Always check the latest gold prices before purchasing.
- Consult your local jeweler for precise rates as GST, TCS, and other levies may apply.
- Consider current rates while making investment decisions.
Gold remains a valuable asset for both personal use and investment purposes. The rising rates underline its importance as a hedge against inflation and a secure investment choice.