Gold rate today on Diwali 2024 (30 Oct): Price of 24 KT, 22KT, 18KT and 14KT gold check city wise price for Delhi, Mumbai and more

Gold rate today on Diwali (October 30): The price of gold depends on the purity level of the gold you are buying. Below are the latest prices of 24-karat, 22-karat,18-karat, and 14-karat gold. The latest price can be used as a reference to know ho...

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You can buy 24-karat gold in bullion, bars and coins. The price of 24-karat gold coins, bars, and bullion will depend on their fineness level.
Many people are likely to buy gold around Dhanteras and Diwali because it is considered auspicious. One can buy gold in various forms, including jewellery, bullion, bars and coins. However, there is a difference in the purity level in different forms of gold. For instance, bullion, bars and coins can be bought in the form of 24-karat gold. However, gold jewellery is usually available in 22 karats, 18 karats and 14 karats.

The rates at which gold is sold as jewellery and as coins differ due to the difference in the purity level. It is easier to find the price of 24-karat gold by searching online "gold price today". However, the price of gold used to make jewellery cannot be found that easily.

Also read: Know how jewellers calculate price of gold jewellery


The Indian Bullion and Jewellers' Association publishes the morning and evening prices of gold in various karats. Customers can use this information to determine the prevailing prices.

Remember, the price of gold for the same karat varies from one jeweller to another. This is because jewellers buy gold at different prices. Further, a jeweller incurs other expenses like transportation, security, operations, etc. Due to these factors, the price of gold varies between jewellers.

Today's gold price of 24KT, 22KT

Date
999 (24 karat)
995 (24 karat)
916 (22 karat)
October 23, 2024 (PM)
Rs 78, 692
Rs 78,377
Rs 72, 082
October 24, 2024 (AM)
Rs 78,161
Rs 77, 848
Rs 71,596
October 24, 2024 (PM) Rs 78,246 Rs 77,933 Rs 71,673
October 25, 2024 (AM) Rs 78,064 Rs 77,751 Rs 71,507
October 25, 2024 (PM) Rs 78,015 Rs 77,703 Rs 71,462
October 28, 2024 (AM) Rs 78,495 Rs 78,191 Rs 71,191
October 28, 2024 (PM) Rs 78, 245 Rs 77,932 Rs 71,672
October 29, 2024 (AM) Rs 78,846 Rs 78,530 Rs 72,223
October 29, 2024 (PM) Rs 78,745 Rs 78,430 Rs 72,130
October 30, 2024 (AM) Rs 79,681 Rs 79,362 Rs 72,988


Today's gold price of 18KT, 14KT

Date
750 (18 karat)
585 (14 karat)
October 23, 2024 (PM)
Rs 59,019

Rs 46,035

October 24, 2024 (AM)
Rs 58, 621

Rs 45,724

October 24, 2024 (PM) Rs 58,685 Rs 45,774
October 25, 2024 (AM) Rs 58,548 Rs 45,667
October 25, 2024 (PM) Rs 58,511 Rs 45,639
October 28, 2024 (AM) Rs 58,871 Rs 45,920
October 28, 2024 (PM) Rs 58,684 Rs 45,773
October 29, 2024 (AM) Rs 59,135 Rs 46,125
October 29, 2024 (PM) Rs 59,059 Rs46,066
October 30, 2024 (AM) Rs 59,761 Rs 46,613

Price is per 10 grams; Source: IBJA rates. The prices are updated with a lag. The AM prices are usually updated by 12 PM, and PM prices are updated by 6 PM. To get the per-gram price of gold, you can divide the price by 10. The gold prices are not updated on Saturday and Sunday.

Different forms of physical gold

You can buy 24-karat gold in bullion, bars and coins. The price of 24-karat gold coins, bars, and bullion will depend on their fineness level. The higher the fineness, the higher will be the price. Hence, a 24-karat gold coin with 999 fineness will be expensive than a 24-karat gold coin with 995 fineness.

On the other hand, gold jewellery will have either 22-karat gold, 18-karat gold or 14-karat gold. Hence, you need to refer to 916 fineness, 750 fineness, or 585 fineness, respectively.

Today's silver price

The association also publishes the opening and closing prices of silver of 999 fineness. This type of silver is considered pure or fine silver. One can buy bullion, bars and coins of 999 fineness of silver for investment purposes.
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Date Price of silver
October 23, 2024 (PM) Rs 98,862
October 24, 2024 (AM) Rs 97,420
October 24, 2024 (PM) Rs 97,493
October 25, 2024 (AM) Rs 96,075
October 25, 2024 (PM) Rs 95,800
October 28, 2024 (AM) Rs 96,552
October 28, 2024 (PM) Rs 96,086
October 29, 2024 (AM) Rs 97,238
October 29, 2024 (PM) Rs 97,873
October 30, 2024 (AM) Rs 98,340
Price is per 10 grams; Source: IBJA rates. The prices are updated with a lag. The AM prices are usually updated by 12 PM, and PM prices are updated by 6 PM. To get the per-gram price of silver, you can divide the price by 10. The silver prices are not updated on Saturday and Sunday.

For buying silver jewellery or decorative pieces, 925 fineness of silver is generally used. Here, the silver is mixed with other metals to make it stronger and durable.

What is Indian Bullion and Jewellers Association (IBJA)?

According to the IBJA website, the association was established in 1919 as a result of the prevailing circumstances in the market that warranted an association. Currently, it is considered the apex association for all bullion and jewellery associations in India.
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The IBJA publishes daily gold AM and PM rates - opening and closing prices. According to its website, "These rates are benchmark rates for the issue of Sovereign and Bonds as per various notifications issued by the Ministry of Finance and Reserve Bank of India. IBJA and rates are also benchmark rates for lending against jewellery by NBFC and Banks as per RBI notification. IBJA has offices in 29 states and is part of all Govt. Committees for Gold."


What is gold rate today in Delhi?
The gold rate today in Delhi for 24 karat is Rs 77,950 per 10 grams. The gold rate today for 22 karat is Rs 73,010.

What is gold rate today in Mumbai?
The gold rate today in Mumbai for 24 karat is Rs 76,380 per 10 grams. The gold rate today for 22 karat is Rs 71,600.

What is gold rate today in Hyderabad?
The gold rate today in Hyderabad for 24 karat is Rs 76,160 per 10 grams. The gold rate today for 22 karat is Rs 71,370.

What is gold rate today in Chennai?
The gold rate today in Chennai for 24 karat is Rs 75,640 per 10 grams. The gold rate today for 22 karat is Rs 70,940.

What is gold rate today in Kolkata?
The gold rate today in Kolkata for 24 karat is Rs 77,060 per 10 grams. The gold rate today for 22 karat is Rs 72,210.
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