Delhi Gold Prices: Detailed look at 22K and 24K rates

Gold prices in Delhi are closely watched by both investors and jewellery buyers, with rates for 22 Karat and 24 Karat gold reflecting movements in the global bullion market.

In the city, 22 Karat gold, widely used for ornaments and traditional jewellery, is priced lower due to its 91.6% purity. In contrast, 24 Karat gold, with 99.9% purity, is more expensive and is often bought as an investment in the form of coins and bars.

Prices in Delhi are influenced by factors such as global gold trends, currency exchange rates, import duties, and seasonal demand during weddings and festivals. International developments like U.S. interest rate decisions, inflation figures, and geopolitical tensions also play a role in determining daily rates.

Jewellers advise buyers to check current prices before purchasing, as fluctuations can have a noticeable impact, particularly for larger quantities.