1. Why does the gold rate fluctuate daily?

Gold rates fluctuate based on demand, supply, and global economic conditions like inflation and currency values.

2. What factors affect gold rates in India?

Factors such as the international market trends, the Indian Rupee’s value, and global political scenarios impact gold rates.

3. How is gold purity measured?

Gold purity is measured in carats (k). 24k is pure gold, while 22k and 18k contain other metals mixed with gold.

4. Is gold a good investment in India?

Gold is considered a safe investment in India, especially during economic uncertainty, due to its stable value.

5. What is the difference between 22k and 24k gold?

24k gold is 99.9% pure, while 22k gold is 91.67% pure and mixed with other metals for durability.

6. How can I check the current gold rate?

Gold rates can be checked at local jewelers, online platforms, and financial websites.

7. What is the best time to buy gold in India?

The best time to buy gold is during festivals like Dhanteras or Akshaya Tritiya when gold is available at a lower price.

8. Does gold price change according to city?

Yes, gold prices can vary between cities due to local taxes, transportation costs, and demand.

9. How does GST affect gold prices in India?

GST has increased the cost of gold as it is taxed at 3%, adding to the overall price.

10. How can I buy gold online safely?

Ensure you’re buying from a reputable source, check certification, and prefer brands with good reviews.