What is today's gold selling price in india ?

Question

What is today's gold selling price in india ?

Answer 1

12350/10gm

Answer 2

rs. 1200 per gm

Answer 3

Depends on what form and what reason you are buying it as.Physical gold is more for jewellery .The price as indicated is about Rs 12125 for standard gold at 99.5% purity..But if you want to buy it for Investments or as a hedge against inflation buy gold ETF as from a taxation/liquidity perspective its cheaper.

Physical Gold is taxed at 30% on gains for upto 3 years post which it is 10% while with Gold exchange traded funds(ETF) it is 30% on gains for upto 1 year and 10% beyond.ETF's have the same rate as standard gold and are more easily saleable as unlike physical gold you don't have to check for purity or go back to the seller to get the current price.

Answer 4

A lot more expensive. It depends on the quality of gold. The more pure it is, the more monetary value it has in the indian market.

Answer 5

nealy 12000Rs for 10 gram