Gold price today: Today, Wednesday, July 22, there was a slight increase in gold prices. Gold rose by Rs 173 in the precious metals market. This week saw a continuous rise in gold prices. In the bullion market, 10 gram 24k gold is trading at Rs 1,44,630. Whereas the price of 22 carat gold is Rs 1,32,484. If you are planning to buy or invest in gold jewelry today, check the gold rate on July 22nd.
Current gold rate in Delhi
The price of gold in the national capital Delhi is Rs 1,44,630 per 10 grams. The price of 22 carat gold was Rs 1,32,484 per 10 grams. Yesterday on Monday, gold price closed at Rs 1,44,630 with an increase of Rs 135.
Current gold rate in Bihar
In Patna, the capital of Bihar, 24-karat gold was priced at Rs 1,44,630 per 10 grams. Here the price has increased by 172 rupees. 22 carat gold price in Patna today is Rs 1,32,480.
Current gold rate in Mumbai
24 carat gold price in Mumbai is Rs 1,44,780 per 10 grams. Here, gold rose by Rs 173. 22 carat gold price in Mumbai is Rs 1,32,620.
Today’s gold rate in UP
Gold price in Lucknow UP is Rs 1,44,640 per 10 grams. The price of 22 carat gold was Rs 1,32,490 per 10 grams.
Why have gold prices increased?
The effect of rising geopolitical tensions in the international market is now clearly visible in the prices of gold and silver. Investor concerns have increased following increased tensions between America and Iran. In such an environment, investors are avoiding risky investments like the stock market and turning to safe options like gold and silver. There is uncertainty regarding crude oil prices and the global situation. If tensions in the region increase, oil supplies and international trade could be affected. At such moments, the demand for gold increases, causing its prices to rise.
What is the difference between 22 and 24 karat gold?
24 karat gold is approximately 99.9% pure. This is considered the purest gold. However, it is quite soft. It is for this reason that jewelry is not made from it. Moreover, 22-karat gold is about 91.6% pure gold, and the rest is other metals. It is slightly stronger than 24 karat. Most of the jewelry in the country is made from it.