Gold price has a significant role in the Indian market which affects supply and demand. Different factors can affect the gold price which has a high impact on the Indian market. So, people need to keep a keen eye on the Gold Price Updates that will affect the overall investment in the Indian market. India is a huge gold market and almost every family likes to keep it either for the financial crisis or as an ornament.
If you are also looking to get the latest information about gold then you need to stay with us to understand important things related to gold. This article will allow you to understand the Gold Current Price to make investment decisions or purchasing decisions. Keeping a keen eye on fluctuating prices can have a high impact on the Indian market.
Gold Price Updates
Many people like to use gold as an ornament and many like to keep it as an investment avenue. In both cases, gold maintains its value and presents higher demand in the market. It is a yellow metal that presents prosperity and wealth. Therefore, people like to get information about the Updates on Gold Prices. It allows people to make their financial decisions for investment and support in maintaining their money value in the form of precious yellow elements.
If you are also interested in collecting different information about Gold, then you need to keep reading this article. This article will inform you about the Gold Price Updates that change every day in the Indian market and attract many investors. This article also explores information on the benefits of gold updates, factors affecting gold prices, and many more.
What is the Different Gold Quality in India?
Indians need to know that gold is sold according to its purity which is measured by its karat (K). It allows understanding of the gold purity in metal. Higher karat indicates the Higher Gold Purity. In India, people like to get mostly three types of gold purity 18K, 22K, and 24K.
- 24K presents about 100% gold purity that makes its highest quality gold but also makes it most delicate. Therefore, people like to seek such purity gold for investment to seek liquid assets.
- 22K presents about 91.6% gold purity that is highly demand in the Indian market have high durability than the 24K gold. It also attracts investors due to the Higher Gold Price in the Market is commonly used for making coins and provides high durability to hold for a longer period.
- 22K contains 75% gold purity which is often used in jewelry and has a higher proportion of other metals that tarnish over time.
Gold Price on February 18, 2025
People are always curious about the gold price either to know the market direction or for the purchasing purpose. It influences them to know about Gold Price Daily which changes due to various reasons. So, you need to go through the below to understand the changes in the gold price.
24K Gold Price Updates for 1gm
| February 2025 (Last 10 Days) | Gold Price for 24K |
| 18 February | ₹8,710 |
| 17 February | ₹8662 |
| 16 February | ₹8,715.51 |
| 15 February | ₹8,719.18 |
| 14 February | ₹8,870.90 |
| 13 February | ₹8,824.39 |
| 12 February | ₹8,775.11 |
| 11 February | ₹8,906.21 |
| 10 February | ₹8,788.27 |
| 09 February | ₹8,765.42 |
| 08 February | ₹8,766.71 |
22K Gold Price Updates for 1gm
| February 2025 (Last 10 Days) | Gold Price for 22K |
| 18 February | ₹7,985 |
| 17 February | ₹7940 |
| 16 February | ₹7,989.22 |
| 15 February | ₹7,992.58 |
| 14 February | ₹8,131.66 |
| 13 February | ₹8,089.02 |
| 12 February | ₹8,043.85 |
| 11 February | ₹8,164.02 |
| 10 February | ₹8,055.91 |
| 09 February | ₹8,034.96 |
| 08 February | ₹8,036.16 |
18K Gold Price Updates for 1gm
| February 2025 (Last 10 Days) | Gold Price for 18K |
| 18 February | ₹6,533 |
| 17 February | ₹6497 |
| 16 February | ₹6,536.63 |
| 15 February | ₹6,539.38 |
| 14 February | ₹6,653.17 |
| 13 February | ₹6,618.29 |
| 12 February | ₹6,581.33 |
| 11 February | ₹6,679.65 |
| 10 February | ₹6,591.20 |
| 09 February | ₹6,574.06 |
| 08 February | ₹6,575.04 |
Gold Investment Benefits
People find different interesting things that can allow people to invest in gold. So, you need to know these benefits that can encourage you to Invest in Gold. Follow the below statement to understand the Various Benefits of Gold Investment. It will also influence to invest in gold rather than others.
- Liquidity: Gold can easily be bought or sold and can use for trade purposes in the market. It can allow you to get cash around the world and also provides flexible fund sources during financial emergencies.
- Tangible Asset: Peoplecan own physical gold which provides tangibility that allows them to physically store wealth for the future generation.
- Safe Way: Storing Wealth in Gold provides safety to investors during economic instability. People like to store their wealth in the form of gold to maintain their value.
- Inflation Hedge: Gold allows people to maintain their purchasing power because it allows them to increase their value during higher inflation.
Factors Affecting Gold Prices in India
Various factors contribute to influencing Gold Prices In India with a higher chance of providing financial benefits. Therefore, you should know about different factors that can influence gold prices.
- Global market trends: Investors like to seek safe haven assets (Gold) during any economic uncertainty. It occurs during geopolitical events, global economic conditions, or currency fluctuation that makes Gold Demand Increase among investors.
- Government Regulations and Policies: When the government makes changes in regulation or policy that includes import duty, taxes, and change in gold import regulation, it significantly affects the Gold Price in India.
- Local Demand and Supply: During specific seasons like wedding season, Gold prices increase due to higher demand. Therefore, it impacts the supply and distribution channels that influence gold prices.
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Samarth Choudhary is a Chief Editor at keralacobank.com. He has overall editorial experience of 10 years in online media. He has completed his graduation from University of California and masters in Finance from University of Dallas in year 2010. His major interest and expertise is in Finance, Taxes, Government Aid and Schemes. His Major focus is to help users to get relevant information which are published on keralacobank.com in easy and precise form.