Gold Rate In Delhi Today

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Gold Price in Delhi

Delhi, the national capital, is also one of the largest consumers of gold in the country. All throughout the history of Delhi, gold has been a stable commodity used as jewelries, minted as coins, and also sold as pure gold bars and other forms. Gold rate in Delhi are influenced by various factors that have global implications. Delhi has a large buyer base for gold and related products, with consumers mostly opting for physical gold followed by trading exchanges.

Other than physical gold, consumers can also opt for gold as a commodity, which is traded in various commodity exchanges such as National Spot Exchange (NSEL), National Commodity and Derivatives Exchange (NCDEX) and Multi Commodity Exchange (MCX). The exchanges offer gold as spot contracts where you can buy gold at the spot and get it delivered at the earliest, and also as futures contract, where gold is purchased and sold at a later date, albeit on current prices.

Gold Rate in Delhi for Last 5 Days (1gm)

Also check : Silver Rate in Delhi

Historical Gold Price in Delhi

Trend of Gold Rate in Delhi for October 2021 (rates per gram of 24 karat gold)

October 2021 - Week 1 (1 - 10):

• In Delhi, gold prices opened at the rate of Rs.4,818 per gram in the month of October. When compared to the closing rate of August, there were no changes in the price of the precious metal.
• During the month, it recorded the highest rate on the 4th and 5th October wherein a gram of 24 karat gold was being sold for Rs.4,839 per gram. The lowest price of the precious yellow metal was recorded on the 2nd and 3rd of October when the price stood at Rs.4,808 per gram.
• The precious metal closed the second week of October being traded at the rate of Rs.4,839 per gram.

Trend of Gold Rate in Delhi for September 2021 (rates per gram of 24 karat gold)

September 2021 - Week 1 (1 - 5):

• In Delhi, gold prices opened at the rate of Rs.4,818 per gram in the month of September. When compared to the closing rate of August, there were no changes in the price of the precious metal.
• During the month, it recorded the highest rate on the 4th and 5th September wherein a gram of 24 karat gold was being sold for Rs.4,839 per gram. The lowest price of the precious yellow metal was recorded on the 2nd and 3rd of September when the price stood at Rs.4,808 per gram.
• The precious metal closed the first week of September being traded at the rate of Rs.4,839 per gram.

September 2021 - Week 2 (6 - 12):

• In Delhi, gold prices opened at the rate of Rs.4,818 per gram in the month of September. When compared to the closing rate of August, there were no changes in the price of the precious metal.
• During the month, it recorded the highest rate on the 4th and 5th September wherein a gram of 24 karat gold was being sold for Rs.4,839 per gram. The lowest price of the precious yellow metal was recorded on the 2nd and 3rd of September when the price stood at Rs.4,808 per gram.
• The precious metal closed the first week of September being traded at the rate of Rs.4,839 per gram.

September 2021 - Week 3 (13 - 19):

• In Delhi, gold prices opened at the rate of Rs.4,818 per gram in the month of September. When compared to the closing rate of August, there were no changes in the price of the precious metal.
• During the month, it recorded the highest rate from 4 to 6 September wherein a gram of 24 karat gold was being sold for Rs.4,839 per gram. The lowest price of the precious yellow metal was recorded from 17 to 19 September when the price stood at Rs.4,724 per gram.
• The precious metal closed the third week of September being traded at the rate of Rs.4,724 per gram.

September 2021 - Week 4 (20 - 26):

• Gold opened the penultimate week of September at Rs.4,718 per gram in Delhi. When compared to the previous week’s closing price, the rate was down by Rs.11 for every gram in the national capital.
• Over the next two days, the price of the yellow metal increased in the metropolitan city. The rate of gold however dropped considerably on 23rd and 24th September to record its lowest price for the month till now. On 24th September, a gram of 24-karat gold cost Rs.4,703 on the mentioned date.
• Gold price in Delhi closed the fourth week at the same price with the overall performance recording a declining trend.

September 2021 - Week 5 (27 - 30):

• In Delhi, gold prices opened at the rate of Rs.4,818 per gram in the month of September. When compared to the closing rate of August, there were no changes in the price of the precious metal.
• During the month, it recorded the highest rate from 4 to 6 September wherein a gram of 24 karat gold was being sold for Rs.4,839 per gram. The lowest price of the precious yellow metal was recorded on 30 September when the price stood at Rs.4,687 per gram.
• The precious metal closed the month of September being traded at the rate of Rs.4,724 per gram. There was an overall decline in its performance during the month.

Trend of Gold Rate in Delhi for August 2021 (rates per gram of 24 karat gold)

August 2021 - Week 1 (1 - 8):

• Gold price in Delhi at the start of the fourth week of August was Rs.4,892 per gram. There was a decline of Rs.278 in the price of every gram in the national capital when compared to the closing price charged at the end of the previous week.
• Over the week, the price of the yellow metal jumped on 20th and 23rd August whereas on 21st and 22nd August, a decline in the price was witnessed in the city.
• The price of the yellow metal closed the week at Rs.4,860 per gram. Gold’s overall performance in the national capital witnessed an inclining trend.

August 2021 - Week 2 (9 - 15):

• In Delhi, the price of gold at the start of the second week of August was Rs.4,719 per gram. This was the lowest recorded price of the yellow metal for the month till date. Compared to the closing price of the previous month, there was a sharp decline of Rs.298 in the price of every gram.
• While the price of the yellow metal remained unchanged on 10th and 11th August. It increased gradually in the national capital over the remainder of the week.
• Gold price in Delhi closed at Rs.4,787 per gram. The overall performance of the yellow metal was one of decline.

August 2021 - Week 3 (16 - 22):

• In Delhi, gold prices opened at the rate of Rs.4,892 per gram in the month of August. The overall performance of the precious metal witnessed a decline.
• During the month, it recorded the highest rate on 2nd August wherein a gram of 24 karat gold was being sold for Rs.5,143 per gram. The lowest price of the precious yellow metal was recorded on the 9th and 11th of August when the price stood at Rs.4,792 per gram.
• The precious metal closed the third week of August being traded at the rate of Rs.4,803 per gram.

August 2021 - Week 4 (23 - 31):

• Gold price in Delhi opened the fourth week of August at Rs.4,813 per gram. When compared to the previous week’s closing price, the rate of the precious metal shot up by Rs.10 in the national capital.
• Over the week, the price of the yellow metal witnessed a lot of fluctuations. While gold price shot up on 24th, 27th, and 28th August, it declined on 25th, 26th, 30th and 31st August.
• The precious metal closed the final week of the month at Rs.4,818 per gram. Gold’s overall performance in the national capital was one of decline.

Trend of Gold Rate in Delhi for July 2021 (rates per gram of 24 karat gold)

July 2021 - Week 1 (1 - 4):

• The price of gold in Delhi opened at Rs.4,792 per gram. The yellow metal recorded an increase of Rs.21 in the national capital when the rate was compared to the previous week’s closing price.
• The price of the yellow metal increased gradually over the week. Having opened at the lowest recorded price for the month, the rate of the precious metal was Rs.5,037 per gram on 3rd July.
• Gold price in Delhi closed the opening week of July at Rs.5,046 per gram, the highest recorded price for the month till date. The overall performance of the bullion was one of incline.

July 2021 - Week 2 (5 - 11):

• Gold opened the second week of July at Rs.5,048 per gram in Delhi. When compared to the closing price of the previous week, the rate was down by Rs.41 for every gram in the national capital.
• The price of the yellow metal slipped considerably in the metropolitan city over the next two days and recorded its lowest price for the month till date on 11th July. A gram of 24-karat gold cost Rs.4,782 on the mentioned date.
• While the price of gold increased slightly on 9th July, it dropped again on 11th July and closed the week at Rs.4,792 per gram. The overall performance of gold rate in Delhi was one of decline.

July 2021 - Week 3 (12 - 18):

• In Delhi, the price of gold opened at the rate of Rs.4,792 per gram in the month of July. The overall performance of the precious metal witnessed an incline.
• Till the end of the third week of the month, it recorded the highest rate on 17th July wherein a gram of 24 karat gold was being sold for Rs.5,171 per gram.
• The lowest price of the precious yellow metal was recorded on the 1st of July when the price stood at Rs.4,792 per gram.

July 2021 - Week 4 (19 - 25):

• Gold price in Delhi at the start of the fourth week of July was Rs.4,892 per gram. There was a decline of Rs.278 in the price of every gram in the national capital when compared to the closing price charged at the end of the previous week.
• Over the week, the price of the yellow metal jumped on 20th and 23rd July whereas on 21st and 22nd July, a decline in the price was witnessed in the city.
• The price of the yellow metal closed the week at Rs.4,860 per gram. Gold’s overall performance in the national capital witnessed an inclining trend.

July 2021 - Week 5 (26 - 31):

• In Delhi, gold prices opened at the rate of Rs.4,792 per gram in the month of July. The overall performance of the precious metal witnessed an incline.
• During the month, it recorded the highest rate on 17th and 18th July wherein a gram of 24 karat gold was being sold for Rs.5,171 per gram. The lowest price of the precious yellow metal was recorded on the 1st of July when the price stood at Rs.4,792 per gram.
• The precious metal closed the month of July being traded at the rate of Rs.4,892 per gram.

Trend of Gold Rate in Delhi for June 2021 (rates per gram of 24 karat gold)

June 2021 - Week 1 (1 - 4):

• Gold opened the first week of June at Rs.5,098 per gram on 1 June and the price of the gold in delhi held steady on the following day as well.
• On 3 June, the price of gold increased to Rs.5,126 per gram due to a weaker dollar value in the market and lower U.S. Treasury bond yields.
• At the end of the week, the price of the metal increased further to hit its highest of the month at Rs.5,136 per gram and closed on 4 June.

June 2021 - Week 2 (5 - 11):

• In Delhi, a gram of 24-karat gold was priced Rs.5,089 at the start of the week. There was a decline of Rs.47 when the rate was compared to what was charged on the final day of the previous week.
• Over the second week, gold price fluctuated in the national capital. The yellow metal recorded its highest price for the month till date on 9th June when a gram was retailed for Rs.5,243.
• Gold price in Delhi closed the week at Rs.5,231 per gram. The overall performance of the yellow metal witnessed an inclining trend in the rates.

June 2021 - Week 3 (12 - 18):

• Gold price in Delhi opened the third week of June at Rs.5,265 per gram. There was a hike of Rs.34 per gram when compared to the closing price of the previous week.
• The highest rate for the month was recorded on 12th June wherein it stood at the rate of Rs.5,265 per gram. The lowest rate was recorded on the 5th and 18th wherein a gram of gold was being traded at Rs.5,089.
• The overall performance of the yellow metal witnessed a decline in the third week of June.

June 2021 - Week 4 (19 - 25):

• Gold opened the fourth week of June at Rs.5,048 per gram in Delhi. When compared to the closing price of the previous week, the rate was down by Rs.41 for every gram in the national capital.
• The price of the yellow metal slipped considerably in the metropolitan city over the next two days and recorded its lowest price for the month till date on 21st June. A gram of 24-karat gold cost Rs.4,782 on the mentioned date.
• While the price of gold increased slightly on 22nd June, it dropped again on 24th June and closed the week at Rs.4,792 per gram. The overall performance of gold in Delhi was one of decline.

June 2021 - Week 5 (26 - 30):

• Gold price in Delhi at the start of the final week of June at Rs.4,803 per gram. The price of the precious metal was down by Rs.11 when compared to the previous week’s closing price.
• The price of gold did see fluctuations in the national capital over the week before closing at the lowest recorded price for the month.
• Gold closed at Rs.4,771 per gram with the overall performance witnessing a declining trend in Delhi.

Trend of Gold Rate in Delhi for May 2021 (rates per gram of 24 karat gold)

May 2021 - Week 1 (1 - 7):

• In the capital, gold was priced at Rs.4,956 per gram on 1 May and inclined marginally to Rs.4,977 per gram on 3 May due to a positive trend seen in the market. The price of the metal increased to Rs.4,998 per gram on 4 May due to a weak dollar trend.
• Increasing marginally, the price of the metal hit its highest on 5 May at Rs.4,999 per gram. However, on the following day, gold rates declined to Rs.4,974 per gram on 6 May.
• At the end of the week, gold prices closed at Rs.4,975 per gram, recording an overall weekly incline.

May 2021 - Week 2 (8 - 14):

• Gold price in Delhi opened the second week of the month at Rs.4,999 per gram. When compared to the previous week’s closing price, the price of gold was up by Rs.24 for every gram.
• While the price of the yellow metal dipped and recorded its lowest price for the month on 9th May, it recovered and registered its highest price for the month on 11th May. On the mentioned dates, a gram of 24-karat cost Rs.5,010 and Rs.4,700 respectively in the national capital.
• In Delhi, the precious metal closed the week at Rs.5,000 per gram. Gold’s overall performance in the national capital witnessed an inclining trend.

May 2021 - Week 3 (15 - 21):

• In Delhi, gold was priced at Rs.5,020 per gram on 15th May. The price of the yellow metal was up by Rs.20 when the rate was compared to the price charged at the end of the previous week.
• Gold price increased in the national capital over the week. The incline in the rate saw the precious metal record its highest price for the month till date on 20th May when a gram costed Rs.5.083.
• Gold price in Delhi closed the third week of May at the same price as the rate remained unchanged on the final day. An inclining trend was witnessed in the overall performance of gold in Delhi.

May 2021 - Week 4 (22 - 28):

• In the National Capital Region, the gold rate opened the week at Rs.5,083 per gram and remained steady at Rs.5,083 till 25 May due to a muted international trend of the precious metal.
• The price of gold in delhi increased to Rs.5,100 per gram on 26 May which was the highest during the month and remained steady till 27 May.
• However, due to profit booking and the recovery of the dollar value, gold prices declined and closed the week at Rs.5,089 per gram on 28 May.

May 2021 - Week 5 (29 - 31):

• In the National Capital Region, the price of gold was Rs.4,748 per gram on 29 May and increased marginally to Rs.4,759 per gram on the following day.
• On the last day of the month, gold rate in Delhi increased and closed at Rs.4,770 per gram due to lower U.S. Treasury bond yields.

Trend of Gold Rate in Delhi for April 2021 (rates per gram of 24 karat gold)

April 2021 - Week 1 (1 - 4):

• Gold price in Delhi at the start of the final week of March was Rs.4,807 per gram. There was an increase of Rs.12 in the price of every gram when the rate was compared to the closing price of the previous week.
• Over the next two days, the price of gold slipped in the national capital. The decline in the rates saw gold close the month at Rs.4,745 per gram.
• The overall performance of the yellow metal in Delhi was one of decline.

April 2021 - Week 2 (5 - 11):

• In the National Capital, gold was priced at Rs.4,846 per gram on 5 April and was steady on the following day due to a mute trend seen in the international market. The price of the metal increased to Rs.4,860 per gram on 7 April.
• Gold rate in Delhi increased to Rs.4,888 per gram on 8 April and crossed the Rs.4,900 per-gram mark on 9 April at Rs.4,926 per gram.
• The price of the yellow metal increased marginally to Rs.4,927 per gram on 10 April and closed the week, recording an overall inclining trend at Rs.4,980 per gram on 11 April.

April 2021 - Week 3 (12 - 18):

• Gold was priced at Rs.4,982 per gram in Delhi at the start of the third week of April. When compared to the closing price of the previous week, the rate was up by Rs.2.
• Gold price in Delhi witnessed slight fluctuations on 13th and 14th April before increasing gradually and recording its highest price for the month till date on 17th April. On the mentioned date, a gram of 24-karat gold cost Rs.5,031.
• The yellow metal closed the week at Rs.4,042 per gram after declining considerably on the final day. The closing price was the lowest for the month till date. Gold’s overall performance in the national capital was one of decline.

April 2021 - Week 4 (19 - 25):

• In the National Capital, the gold rate opened the fourth week of the month at Rs.5,042 per gram on 19 April and increased marginally to Rs.5,063 per gram on 20 April. The price of the yellow metal declined marginally on the following day to Rs.5,051 per gram.
• As the value of the dollar weakened in the market, gold prices increased marginally to Rs.5,082 per gram and further inclined to hit its monthly high at Rs.5,086 per gram on 23 April.
• However, with the value of the U.S. dollar recovering in the market, gold prices declined to below the Rs.5,000 per-gram mark at Rs.4,845 per gram on 24 April and closed the week at the same rate.

April 2021 - Week 5 (26 - 30):

• Gold opened the fifth week of April at Rs.4,845 per gram in Delhi. No change was recorded in the price of the yellow metal when the rate was compared to the closing price of the previous week.
• The price of gold slipped in the national capital over the next two days before increasing slightly on 29th April when a gram cost Rs.4,813.
• Gold price in Delhi closed the month at Rs.4,761 per gram. The overall performance of the precious metal in the city was one of incline.

Trend of Gold Rate in Delhi for March 2021 (rates per gram of 24 karat gold)

March 2021 - Week 1 (1 - 7):

• At the start of the first week of March, a gram of 24-karat gold was priced at Rs.4,891 in Delhi. There was a drop of Rs.76 in the price of a gram when the rate was compared to the closing price of the previous week.
• Gold recorded its highest price for the month till date on 2nd March when a gram was retailed for Rs.4,931. The price of the yellow metal fluctuated in the national capital over the next few days.
• The yellow metal recorded its lowest price for the month till date on 6th March when a gram costed Rs.4,784. Gold price in Delhi closed the week at Rs.4,785 per gram after the rate witnessed a minimal increase of Re.1 on the final day. Gold’s overall performance in the capital witnessed a declining trend.

March 2021 - Week 2 (8 - 14):

• Opening the second week at Rs.4,771 per gram, the value of gold in Delhi increased to Rs.4,817 per gram on 9 March and decreased to Rs.4,777 per gram on 10 March. The price of the metal was at its lowest on 8 March.
• Increasing to Rs.4,796 per gram on 11 March, the price of the metal increased to cross the Rs.4,800 per-gram mark at Rs.4,834 per gram as the value of the U.S. dollar declined in the market marginally.
• On 13 March, the metal’s value declined to Rs.4,799 per gram. However, at the end of the week, the gold rate in Delhi recovered and closed at Rs.4,817 per gram on 14 March.

March 2021 - Week 3 (15 - 21):

• Gold price in Delhi at the start of the third week of March was Rs.4,818 per gram. When compared to the closing price of the previous week, the price charged for a gram of the yellow metal was up by Re.1.
• The yellow metal recorded its lowest price for the month till date in the national capital on 16th March when a gram was retailed for Rs.4,539. The price of the precious metal increased in Delhi over the next few days.
• Gold closed at Rs.4,839 per gram after the rate witnessed some fluctuations on the last two days of the week. The overall performance of the yellow metal in Delhi was one of decline.

March 2021 - Week 4 (22 - 28):

• In the National Capital Region, gold prices opened at Rs.4,838 per gram on 22 March and dipped to Rs.4,821 per gram on 23 March. The price of the metal declined further due to a stronger dollar value and was Rs.4,805 per gram on 24 March.
• On 25 March, however, the precious metal’s value recovered marginally at Rs.4,807 per gram and increased to Rs.4,817 per gram on 26 March as the U.S. Treasury bond yields showed a dip in its trend.
• The price of the metal declined yet again to Rs.4,784 per gram as investors shifted to the dollar and bond yields and closed the week with an overall declining trend at Rs.4,795 per gram on 28 March.

March 2021 - Week 5 (29 - 31):

• Gold price in Delhi at the start of the final week of March was Rs.4,807 per gram. There was an increase of Rs.12 in the price of every gram when the rate was compared to the closing price of the previous week.
• Over the next two days, the price of gold slipped in the national capital. The decline in the rates saw gold close the month at Rs.4,745 per gram.
• The overall performance of the yellow metal in Delhi was one of decline.

Trend of Gold Rate in Delhi for February 2021 (rates per gram of 24 karat gold)

February 2021 - Week 1 (1 - 7):

• Gold rate in Delhi was Rs.5,232 per gram on 1 February showing an overall decline for the week as investors shifted to the equities market prompted by a stronger dollar value. On 2 February, the price of the metal had dipped marginally to Rs.5,228 per gram.
• The metal’s value dipped below the Rs.5,200 per-gram mark on 3 February at Rs.5,159 per gram and further declined to Rs.5,115 per gram on 4 February as the value of the dollar grew stronger.
• On 5 February, gold prices were at Rs.5,110 per gram. However, it recovered marginally and closed on 7 February at Rs.5,041 per gram.

February 2021 - Week 2 (8 - 14):

• In the national capital, gold prices opened the second week of February at Rs.5,042 per gram on 8 February and dipped marginally to Rs.5,039 per gram on the following day. On 10 February, the value of the metal increased to Rs.5,016 per gram.
• With a declining risk appetite amongst investors and fresh hopes of a stimulus package from the United States of America and India, gold prices increased to its highest at Rs.5,171 per gram on 11 February and eased on the following day at Rs.5,095 per gram.
• On 13 February, the price of gold in Delhi was Rs.5,061 per gram and closed the week at Rs.5,062 per gram on 14 February.

February 2021 - Week 3 (15 - 21):

• Gold price in Delhi at the start of the week was Rs.5,062 per gram. When compared to the closing price of the previous week, there was no change in the rates.
• The price of the gold started to slip from 18th February onwards after remaining unchanged on 16th and 17th February. The yellow metal recorded its lowest price for the month till date on 20th February when a gram was retailed at Rs.4,927 in the national capital.
• Gold closed the penultimate week of the month at Rs.4,944 per gram in Delhi. The overall performance of the precious metal witnessed a declining trend.

February 2021 - Week 4 (22 - 28):

• On 22 February, the gold price in Delhi was Rs.4,944 per gram and increased to Rs.4,953 per gram on the following day due to a weak dollar value. On 24 February, gold rates increased to cross the Rs.5,000 per-gram mark at Rs.5,019 per gram.
• However, on 25 February, the price of the precious metal dipped to Rs.5,009 per gram as the dollar value recovered in the market. Gold rates dipped further on 26 February to below the Rs.5,000 per-gram mark to Rs.4,968 per gram.
• A gram of gold was priced at Rs.4,967 per gram on 27 February and closed the week and the month at the same rate, recording an overall weekly incline.

Trend of Gold Rate in Delhi for January 2021 (rates per gram of 24 karat gold)

January 2021 - Week 1 (1 - 9):

• Opening the year and the month at Rs.5,079 per gram, gold rate in Delhi showed an inclining trend for the week, increasing to Rs.5,099 per gram on 2 January and further to Rs.5,352 per gram on 4 January.
• The price of the metal increased marginally on the following day to Rs.5,353 per gram and hit its highest of the week on 6 January at Rs.5,471 per gram. Gold prices dipped marginally on 7 January to Rs.5,466 per gram.
• The precious metal’s value dipped on 8 January due to a higher risk appetite to Rs.5,417 per gram and closed the week at the same rate on 9 January.

January 2021 - Week 2 (10 - 16):

• Gold was priced Rs.5,286 per gram on 10th December in Delhi. When compared to the closing price of the previous week, the price for every gram was down by Rs.131 in the national capital.
• The price of the yellow metal slipped in Delhi on 11th and 12th January. Following a decline in the rates, a gram of the 24-karat gold was priced Rs.5,241 in the national capital.
• While the price of the yellow metal increased on 13th December, it remained unchanged for the next two days. The rates slipped again on the final day of the week and closed the week at Rs.5,251 per gram. The overall performance witnessing an inclining trend.

January 2021 - Week 3 (17 - 23):

• On 17 January, gold rate opened the third week of the month at Rs.4,958 per gram and increased to Rs.5,150 per gram on 18 January due to a lower risk appetite amongst investors and a drop in the dollar value in the market.
• The price of the metal on 19 January increased to Rs.5,199 per gram and further to cross the Rs.5,200 per-gram mark on 20 January at Rs.5,216 per gram as the metal recorded continuous inclines.
• Gold rate in Delhi saw an incline to Rs.5,227 per gram on 21 January and dipped to Rs.4,988 per gram on 23 January but not before inclining to Rs.5,281 per gram on 22 January.

January 2021 - Week 4 (24 - 31):

• Gold price in Delhi at the start of the final week of January was Rs.4,988 per gram. When compared to the closing price of the previous week, the price didn’t see any change in the rates.
• The price of the yellow metal climbed in the national capital on 25th and 26th January before slipping considerably. A gram of the 24-karat gold was retailed for Rs.5,213 on 29th January.
• Gold closed the week at Rs.5,231 per gram after the rates improved slightly. The overall performance of gold in the national capital witnessed an inclining trend.

Trend of Gold Rate in Delhi for December 2020 (rates per gram of 24 karat gold)

December 2020 - Week 1 (1 - 6):

• In the national capital, a gram of 24-karat gold was retailed for Rs.5,111 at the start of the opening week of December. The price of the yellow metal was down by Rs.35 when compared to the price charged on the final day of the previous month.
• Gold price in Delhi climbed over the next two days before slipping considerably on 4th December to record its lowest price for the month till date. A gram of gold cost Rs.4,860 on the mentioned date.
• The price of gold closed the first week of December at Rs.5,265 per gram after a gradual recovery. The closing price was the highest recorded price for the month till date. Gold’s overall performance in the metropolitan city witnessed an inclining trend.

December 2020 - Week 2 (7 - 13):

• Gold price in Delhi opened at Rs.5,266 per gram on 7 November during the second week of the month. On 8 December, the price of the metal dipped to Rs.5,243 per gram due to vaccine optimism.
• However, due to speculations over a stimulus package, gold prices increased on 9 December at Rs.5,319 per gram and on the following day hit its weekly high at Rs.5,320 per gram on 10 December.
• On 11 December, gold prices dipped to Rs.5,243 per gram and remained steady until 12 December. Closing at Rs.5,254 per gram, gold prices closed the week with an overall inclining trend.

December 2020 - Week 3 (14 - 20):

• The price of gold at the start of the week was Rs.5,255 per gram in Delhi. There was a minimal increase in the price of the yellow metal when the rate was compared to the closing price of the previous week.
• Gold price in Delhi slipped to Rs.5,232 per gram the next day and remained stagnant on 16th December before increasing gradually.
• With the price of the yellow metal increasing, gold recorded its highest price for the month till date on the final day of the week. A gram of the 24-karat gold was retailed for Rs.5,341 on the mentioned date. The overall performance of gold witnessed an inclining trend in the national capital.

December 2020 - Week 4 (21 - 27):

• The price of gold opened at Rs.5,342 per gram on 21 December in Delhi and increased to hit its highest price of the week on the following day at Rs.5,373 per gram on 22 December.
• Gold rate in Delhi dipped to Rs.5,362 per gram on 23 December and dipped substantially to Rs.5,319 per gram on 24 December. On Christmas Day, the price of the metal increased marginally to Rs.5,320 per gram.
• With a slight increase in prices, gold showed a marginal incline for the last two days of the week, at Rs.5,321 per gram on 26 December and closed at Rs.5,322 per gram on 27 December.

December 2020 - Week 5 (28 - 31):

• The price of gold in Delhi at the start of the week was Rs.5,323 per gram. There was an increase of Re.1 in the price of the yellow metal when the rate was compared to what was charged on the final day of the previous week.
• Gold price in Delhi increased gradually over the week. A gram of the 24-karat gold was retailed for Rs.5,325 per gram in the national capital on 30th December.
• The yellow metal closed the final week of December at Rs.5,331 per gram after the rates increased by Rs.6 on the final day of the year. Gold’s overall performance witnessed an inclining trend in the rates.

Trend of Gold Rate in Delhi for November 2020 (rates per gram of 24 karat gold)

Trend of Gold Rate in Delhi for October 2020 (rates per gram of 24 karat gold)

Trend of Gold Rate in Delhi for September 2020 (rates per gram of 24 karat gold)

Trend of Gold Rate in Delhi for August 2020 (rates per gram of 24 karat gold)

Trend of Gold Rate in Delhi for July 2020 (rates per gram of 24 karat gold)

Also Check Gold Price in Metro Cities

Purchasing Gold in Delhi

Gold can be purchased in Delhi in various retail outlets like jewellery stores and the like all around the city.Before buying, however, you should compare rates from multiple outlets and also their making charges so that you get the best deal possible.

Tracking Gold rates in Delhi

There are plenty of ways to track gold rates in Delhi. For instance, you can do so with a broking account, wherein you can track gold future, which gives a clear indication of the path the metal is going to take.Another way to track rates would be through the Multi Commodity Exchange (MCX). If you want simple updates on all things gold, you can check bankbazaar.com’s updates, which are updated on a daily basis.

Factors that influence Gold prices in Delhi

There are a number of factors which influence the way gold is priced in the capital city. These may range from small domestic concerns to important international events. Some of the factors are as follows:

• US Federal Reserve: As gold is traded in dollars, any change to the actual value of the currency will bring about a change in gold prices. For instance, if the Federal Reserve decides to hike its interest rate even by the slightest of margins, gold prices will go up significantly. Basically, any positive or negative development with regards to the US dollar will influence how gold is priced around the world. Central banks from other key countries also play a part in gold prices, however with some of them opting for quantitative easing, chances of a major impact is relatively smaller.
• Geopolitical concerns: Gold has been lauded as a safe haven by million of investors around the world and rightly so, because people tend to invest in the metal whenever the market turns exceedingly volatile. The reason why markets fluctuate is largely due to geopolitical issues, like for instance, the US attack on Syria. As market thrives on volatility, demand for gold surges when such events occur. Another classic example is of the Lehman Brothers crash, which decimated the world economy in a short span of time. When the crash happened back in 2008, gold price was the first thing that hiked, as compared to other commodities,
• Local factors: Factors like transportation of gold in and around the city will also determine how gold likely to be priced.

Also Check Gold Price in NearBy Cities of Delhi

FAQs About Gold Rate in Delhi

1. Will gold prices decrease in Delhi?

   The price of gold may or may not fall as there are many factors which affect the price of the yellow metal in Delhi and in India. Some of these factors which affect the gold prices in Delhi are the trend of the international bullion market, the global equities market, crude oil prices and the value of the U.S. dollar.

2. What international factors affect the gold rate in Delhi?

   Many factors affect the price of gold in Delhi such as crude oil prices, the value of international currencies, etc.

3. What factors do I check before buying gold in Delhi?

   A few important things to keep in mind before buying gold in Delhi are:

   • The level of purity.
   • The price of gold per gram.
   • Buy-back terms of the lender.
   • Certification of the metal.
4. Will the gold price in Delhi keep changing?

   The gold price in Delhi may keep fluctuating or changing due to various factors which affect the price of gold in the country.

5. What is Hallmark gold?

   If you see a BIS hallmark on the gold you purchase, it means that the gold is adhering to the standard set by the BIS in the country.

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