Current gold rate in india

current gold rate today in india

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India is one of the largest markets for gold, and growing affluence is driving growth in demand. Gold has a central role in the country’s culture, considered a store of value, a symbol of wealth and status. Gold is central to more personal life events too. Gifting gold is a deeply ingrained part of marriage rituals in Indian society—weddings generate approximately 50 percent of annual gold demand.

1. Why Should You Invest in Gold?

Over time, the return on gold investment has been in line with the rate of inflation. Prices rose steadily for over a year, and gold gave good returns. It is advisable to invest on a periodic basis through gold bonds. Many experts feel gold will continue to be strong for some time now.

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