Gold price in India today at Rs 30,009 per 10gm

Gold price in India today for 24 karat gold is Rs 30,009 per 10 grams while the price for 22 karat gold in the country is Rs 27,508 per 10 grams.

According to goldpriceindia.com, gold price in India for 24 karat and 22 karat gold from major city markets across the country varies dues to various local market factors like demand and supply of gold, state government taxes and transportation charges of physical gold.

24 karat gold, known as 999 gold, is the purest form of gold available in market in the form of gold coins and bars. Similarly, 22 karat gold, known as 916 gold, is generally used to make jewellery. 

Meanwhile, gold prices rose on Monday as the US dollar slipped after last week`s rally though investors are watching for inflation data from the United States later this week for signs of the intensity of expected US interest rate increases, said a Reuters report.

Spot gold rose 0.6 percent to $1,323.68 per ounce at 0435 GMT. Last week, the precious metal fell 1.2 percent for a second consecutive weekly decline, the report said, adding that US gold futures for April delivery rose 0.8 percent to $1,326.30 per ounce.