Gold Today Rate, 18 Nov: Check 18, 22 and 24 karat Gold Prices Chennai, Mumbai, Delhi, Kolkata and Other Cities Cities

Source: GoodReturnes

Gold Rate in India Today

Note: The gold rates mentioned in the above table have been taken as of 18th Nov, 2025, at 08:00 AM.

Today’s Rate: 24 karat Gold Per Gram in India (₹)

Source: GoodReturns, as of 18th November, 2025, 08:03 AM. 

Today’s Rate: 22 karat Gold Per Gram in India (₹)

Source: GoodReturns, as of 18th November, 2025, 08:04 AM.

Today’s Rate: 18 karat Gold Per Gram in India (₹)

Source: GoodReturns, as of 18th November, 2025, 08:06 AM.

Gold Rates Today

Gold Rates in Different Cities in India (1 gram)

Top News and Events

• Gold Prices Steady: Spot gold is little changed at $4,044.20 per ounce, reflecting a stable trading session.

• Market Sentiment Neutral: The minimal movement suggests investors are maintaining a cautious, wait-and-see approach amid limited market catalysts.
  

Today’s 24 karat Gold Rate in Major Countries (1 gram)

Source: Currency to ₹ conversion sources is from GoodReturns as of 18th November, 2025, 08:14 AM. 

Today’s 22 karat Gold Rate in Major Countries (1 gram)

Source: Currency to ₹ conversion sources is from GoodReturns as of 18th November, 2025, 08:16 AM

Today’s 18 karat Gold Rate in Major Countries (1 gram)

Source: Currency to ₹ conversion sources is from GoodReturns as of 18th November, 2025, 08:27 AM

Gold Price in India: Significance and Relation to the Economy

Gold has great importance to the economy and culture in India.  It is not just a valuable metal but also affects investment decisions, traditions, and ultimately the whole country’s economy.

Gold is significant in Indian culture, being used in marriage, festivals, and religious ceremonies.  It symbolises wealth and prosperity.

• Hedge Against Inflation: When the value of the dollar fluctuates and inflation increases, gold protects against value loss.  When business activity is uncertain, the price of gold tends to increase.
  

• Reserve Asset: The Indian Reserve Bank has a substantial amount of gold in its reserves.  Individuals save money to serve as security in case there is a loss, contributing to a robust economy.
  

• Wealth Preservation: The value of gold stays the same over time, so it's a good way to keep your money safe.
  

• Investment Appeal: Indians like to invest their money in gold coins, jewellery, and bars. ETFs and sovereign gold bonds that are backed by gold are very popular, which makes their role in managing personal wealth even stronger.

When the price of gold changes, it affects both buyers and businesses. Increasing prices discourage jewellery purchases and will increase gold investments. Meanwhile, lower prices encourage higher consumer spending. Their relationship illustrates gold is both an economic asset and an intrinsic aspect of the community.

What are the Factors that Affect the Gold Price in India?

India's gold prices are affected by a number of things.  Investors can make better decisions when they understand these factors.

• Global Gold Rates: Trends in the international gold market have a big effect on gold rates in the United States.  The value of the US dollar and the desire around the world have a direct effect on rates.

• Changes in currencies: The power of the Indian rupee against the US dollar is very important.  Weaker rupees make imports more expensive, which drives up the price of gold.

• Inflation: When there is a lot of inflation, people look to gold as a safe investment, which drives up its price.

• Supply and Demand: Because of supply and demand, prices change with the seasons. For example, prices go up and down around wedding and holiday times.  One more reason prices are going up is that there aren't as many things on the market.

• Rules set by the government:  In the end, the price of gold will be affected by the taxes and fees that the government puts on imports.  When taxes on moving gold into the country go up, the price of gold goes up.

• Interest Rates: When savings and fixed account interest rates go down, people are more likely to put their money into gold, which makes prices and needs go up.

• Geopolitical Factors: People buy gold as a safe investment when there is war or unrest in other places of the world.

• Market Speculation: Concerning market speculation, it's also important to note that speculative sales and market speculation can also change prices.

These things affect the changes in the Indian gold market as a whole.

What are the Benefits of Investing in Gold?

As both an investment and a way to spend money, gold is a very important part of Indian families' income.  These are good things about gold:

• Hedge Against Inflation:  As prices of goods and services rise, so does the value of gold. However, when prices of goods and services rise, so does the value of gold.

• Wealth Diversification: To spread out the risk of a bigger investment collection, gold can be used. This is because gold doesn't usually move with the stock market.

•  High Level of Liquidity: You can quickly get cash when you need it because gold is easy to buy and sell.

•  Appeal to Everyone: Everyone knows how much it's worth, so it's a safe thing to buy.

•  Stability in Uncertain Times: When the business and government are in chaos, gold prices tend to go up. This protects people's money.

•  Physical Gold: Having gold in the form of coins and bars makes you feel safe and in charge.

• Tangible Asset:  Gold ETFs, national gold bonds, and jewellery are all examples of flexible investments that can be changed to fit your needs.

• Customisable Investments: Since these things are true, gold is a good long-term investment.

Gold as an Asset

Gold is an expensive and useful thing that stands out.  It has both strong traditional value and strong financial value.

• Safety: Gold keeps its value even when other assets lose value, making it a safe investment during economic downturns.

• Capital Growth: Gold is a great long-term investment because its value tends to rise over time.

• No Counterparty Risk: Gold doesn't have counterparty risk because it has its own value and isn't tied to the health of any one source, like stocks or bonds are.

• Collateral Security:  Real gold can be used as collateral to get a loan.

• After the Whole World: Third, gold is something that people all over the world believe to be valuable.

• Fear: Gold is even more desired as a valuable and rare item because it is hard to get.

Gold is an important part of any business plan to protect your savings and money because it has so many unique qualities.

How is the Gold Price Today in India Per Gram Arrived at?

In India, the cost of gold is traced to international rates adjusted for local differences. The following factors influence the cost per gram:

• International Market Price: The price for gold is referenced to international markets (US dollars), which acts as a baseline price.

• Exchange Rate: As it relates to the strength of the Indian rupee against the dollar when determining the final price, a weak rupee pushes up the price for gold.

• Import Duties: Gold brought into India must pay taxes and duties to the Indian government, which contribute to the final price.

• Local Taxes and Other Charges: State and local taxes (GST or others) are applied in addition to the final price.

• Making Charges: In the case of jewellery, the making rates depend on the design and complexity of each item; they are in addition to the base price.

• Supply and Demand: The rate of gold can also be influenced by the state of the local gold supply/demand on a day-to-day basis.

Applying all of these variables will enable a price to be established for the per gram gold price in India.

Who Imports and How is the 22-karat Gold Price in India Determined?

India is one of the largest importers of gold globally, with a significant portion of the metal used in jewellery, investment, and industrial applications. The gold import process involves:

• Authorised Agencies: Agencies like the MMTC, State Bank of India, and private entities approved by the Reserve Bank of India handle imports.

• Customs Clearance: Customs Duties and Regulations apply to imported gold for legal reasons.

The price of 22-karat gold in India is derived from several key factors, including:

• International Gold Rates: The price of gold traded internationally in US Dollars can play a role.

• The Currency Exchange Rate: The weakness of the Rupee against the currency will also affect the price for imported gold.

• Taxes: The total tax payable on imported gold, customs duties, GST etc. will ultimately affect the retail price.

• Market Demand: If there is any specific high demand around festival or wedding seasons, the market typically always rallies and the price will increase.

• Market Sentiment: Price movement generated as fun and speculative activity within the market or the effect of central bank activity outside of the country.

These factors here in India will ultimately mean that the price per city will vary.

What is the Sovereign Gold Bond Scheme? Should you Invest in them?

The Indian government initiated the Sovereign Gold Bond (SGB) Scheme to provide the public with an additional investment option and to decrease the amount of individuals who buy gold. There are some important features of the scheme:

- Issued by RBI: The bonds are sold by the Indian government through the Reserve Bank of India

- Interest Payments: holders of the bond will receive an interest payment every year, usually around 2.5%.

- Capital Gains Exemption: If you hold until maturity, then no capital gains tax needs to be paid.

Should you Invest?

Advantages:

• Eliminates the storage and safety concerns of physical gold.

• Offers fixed interest and market price appreciation.

• Eligible for tax benefits upon maturity.

Limitations:

• Fixed tenure (usually 8 years) may lack liquidity.

• Value fluctuates with market gold prices.

SGBs are a good option if you want to invest in something safe and steady without the risks that come with owning physical gold.

How is Gold Used in Electronics?

Gold is significant to the electronics industry because of its low resistivity, good corrosion resistance, and excellent durability. It is a common component of electronics applications, such as:

• Circuit Boards: Connectors and switching devices in printed circuit boards (PCBs).

• Connectors and Plating: Gold is used as the plating on connectors, terminals, and contacts to prevent rusting.

• Microprocessors: Personal computers and cell phones use high-performance processors that utilise gold wire bonding.

• Medical Equipment: Various medical equipment, including pacemakers and diagnostic testing devices, use gold to enhance accuracy.

Gold is an important material for high-tech devices since it is durable and has good performance.

Where Can You Put Gold Safely In India?

In India, gold is a valuable thing to have, thus it's important to keep it safe.  Here are the options:

• Bank Lockers: Banks are a safe place to keep your gold. The size of the locker will affect how much it costs to rent it for a year.

• Gold Deposit Schemes: If your bank has a gold deposit scheme compliant with the government, then you can deposit gold there and receive interest.

• Home Safes: Home safes with the newest alarm systems can offer protection.

• Digital Gold: This is the option where you can "buy gold" and have it held in digital form (on a platform) online.

Choose the option that balances safety, cost, and accessibility.

How is Gold Imported into India?

Imports of gold are regulated in India in order to maintain stability for the economy. The process involved in importing gold goes as follows:

• Import Licensing: Gold can only be imported at an authorised bank or agency.

• Customs Entry: Duty is required on all gold imported and is subject to inspection upon entry.

• Limits: Government regulates quantity and tariffs to limit trade imbalance.

• Foreign Exchange Management Act: FEMA rules must be followed.

India's disciplined procedures and guidelines work to provide a means for formal imports while maintaining stability for the economy.

What Measures Impact the Gold Prices in India?

Gold prices in India are influenced by several global and geographical factors influencing the marketplace leading to daily fluctuations of gold rates. The most significant factors are the gold prices globally which set a precedent for gold rates in the domestic market in India.  The majority of gold in India is obtained through imports, so any fluctuations are likely to influence local pricing. The rupee-dollar exchange rate is another factor to consider as gold becomes more expensive in rupee terms when the rupee weakens against the dollar. 

Similarly, changes in government policies like taxes, import duties, and rules also play a big part.  When import duties increase, gold tends to be more costly. Some import duties can lead to lower import taxes or even other benefits. Gold prices are influenced by inflation. In periods of uncertainty, gold is sometimes used as a hedge against inflation, and there is often heightened demand, which naturally pushes the price up. Demand can also change with price changes of commodity from season, such as holidays and events (e.g., weddings). In India, the gold is tied to spirituality or has something to do with spirituality in relation to events; thus, it further drives demand, which changes the supply in the marketplace.

Another factor that increases the attractiveness of gold as a safe asset during uncertain times are geopolitical events. Interest rates also affect prices; for instance, people tend to buy more gold with low interest rates. Last but not least, prices tend to change short-term based on market speculation and investor behavior.

In summary, gold prices in India are influenced by global market trends, Indian policies, economic statistics, consumer behavior, etc. All of these factors must be understood to make sense of the pricing; that is to say, price is dynamic and multi-faceted.

What is the Present Import Duty on Gold?

India imports a considerable amount of gold from abroad. The elevated import tariff causes higher prices for consumers at retail sites. Beginning in December 2024, there will be a 15% tax on gold entering India. That 15% consists of a 12.5% main customs duty (BCD) and a 2.5% agriculture infrastructure development cess (AIDC). The taxation structure creates a higher cost of gold globally, which limits access in the US due to higher cost.

The rationale for the substantial import duty is to combat the current account deficit (CAD), while regulating how much gold is imported to keep foreign exchange reserves from continuing to be depleted or compromised. Again, that added cost is also associated with the reduction of access; it makes the value of the jewelry and bullion more expensive. In addition to an import duty, there is a 3% Goods and Services Tax (GST) based on value for gold in India, including duties for customs.

This also increases the true final price to the consumer.  Taxation on imports increases the final consumer prices and increases or decreases according to government policies based on economic conditions.  For example, when trade deficits rise, taxes can be increased to limit the entry of gold into the country.  When the economy is contracting, governments will lower taxes to increase demand.

The import tax has a very large impact on the Indian gold market, on what people will buy, and on the general feeling about the market. When consumers understand taxes—especially in a nation where gold holds economic and social value—it greatly influences the gold market.

How are Inflation and Gold Rates Associated in India?

In India, there is a significant connection between inflation and gold prices, primarily due to gold being an effective hedge against inflation. As inflation rises, money depreciates, and investors look for a secure way to preserve their wealth, which typically leads to an increase in the price of gold. The following principles demonstrate this relationship:

• Inflation Can Erase Your Buying Power: As inflation rises, your rupee may decline in value, and you'll decide that you need to move to hard assets like gold.

• Gold Is Used to Hedge Against Inflation: In periods of high inflation, individuals typically step up their demand for accumulated physical gold to maintain their purchasing power, increasing international demand and price.

• Global Inflation Trends: Gold prices in India are influenced by global markets, and therefore, global inflation rates will also influence gold prices in India.

• Gold Jewellery and Investment Demand: If inflation rises in India, more people will purchase gold, especially gold-backed jewellery and investment products.

 However, the relationship is not always direct. Factors, including currency exchange rates and global economic conditions, also play a role in the price of gold along with inflation.

How QE Impacts Gold Prices in India Today?

Quantitative Easing (QE) which is a monetary policy that can affect gold prices in India via currency values, liquidity, and inflation. QE is when central banks or monetary authorities inject money into the economy to stimulate growth. The relationship between QE and the price of gold can be established in the following ways:

• Currency depreciation: When central banks engage in QE it increases the money supply, which effectively leads to depreciation of the currency. A weaker rupee means that gold is more expensive in India because the costs associated with importing gold are higher.

• Increased liquidity: When more money is circulating in the economy, investors often allocate their capital to gold and other precious metals since they operate as a safe-haven asset. This further drives the price of gold up.

• Inflation expectations: When QE takes place the expectations of inflation might increase, which could further increase demand for gold as a hedge against potential inflation in the future.

• Interest rates: When a country is engaging in QE, then it is lowering interest rates, which means if you purchased gold you would have lower opportunity costs associated with holding non-yielding assets, thus leading to increased demand for gold.

In the current context, any major QE programme by global central banks, especially the US Federal Reserve, directly affects gold prices in India.

How to Test or Check the Gold Purity?

Testing the purity of gold is vital to make sure you get what you pay for.  These are the best ways to do it:

• Checking the Hallmark:  Look for the Bureau of Indian Standards (BIS) hallmark, which proves that the gold is real and pure.

• Acid Test: Professionals and goldsmiths use certain acids to test gold for reactivity. This is called an acid test. Pure gold does not react, ensuring its quality.

• Electronic gold testers: These devices test for the purity of gold by passing electrical currents through the gold.

• karat meters: A typical device used in jewellery stores and fashion malls, a karat meter uses X-ray fluorescence technology to assess how pure the gold is quickly and accurately.

• Magnet test: Real gold will not stick to magnets because it is not magnetic, although some alloys might.

• Density Test: The density of pure gold is 19.32 g/cm³. Comparing the density of your sample with this standard can confirm purity.

For utmost reliability, you should test gold at a certified BIS laboratory or trusted jewellers.

What are the Factors that Influence Gold Prices in India?

Various domestic and global factors affect Indian Gold prices. The primary factors are:

• Global Gold Rates: International gold prices influence domestic Indian rates.

• Currency Exchange Rates: When the rupees-to-the-dollar exchange rate rises, it costs more to bring in gold from other countries, which also increases domestic rates.

• Inflation: When prices increase, people want gold more because they see it as a secure store of value.

• Fluctuations in Demand and Supply: Similar to many other countries, gold is purchased in India for weddings and festivals, resulting in high seasonal demand and price fluctuations.

• Interest Rates: Lowering interest rates means that gold is a good investment since demand usually rises, which causes the price to rise.

• Unpredictability in the Economy: When the economy is uncertain or unstable based on domestic issues or geopolitical issues, demand for gold as a safe haven tends to increase and gold prices rise sharply.

• Import Duties: Because India is one of the largest consumer's of gold in the entire globe, they are likely reliant of imports for gold. An increase in duties will directly increase price.

All of these reasons influence the overall price in the Indian market and it is often creates a dynamic asset.

Is Inflation a Big Determinant of Gold Rates in India?

Inflation plays a crucial role in determining gold rates in India, but it is not the sole factor. Here’s why inflation is significant:

• Demand for Safe Haven: Therefore, inflation diminishes the value of the currency leading to investors believing that gold holds its purchasing power.

• Impact on Savings: Hence, when inflation rises, savings vehicles that rely on currency become less attractive, and investors prefer to invest in gold.

• Global Correlations: Finally, when demand for gold is strong based on inflation expectations in the world economy, gold prices in India will appreciate.

• Buying Behaviour: Inflation reduces accessibility to gold, affecting demand for both gold jewellery and as an investment.

Inflation is an important factor, but there are other global influences on demand like exchange rate fluctuations, global prices of gold, and economic policies too. Therefore, while considering inflation's influence on gold rates in India, it is important to consider this alongside other related factors.

Why does a Large Amount of Gold Remain Undiscovered?

The Earth has an unquantified amount of gold supply that is still undiscovered for several reasons:

• Geology: Gold almost always lies deep underground and/or in remote geography that's hard to explore.

• Technology: Even with all the advanced technology, we are still limited by our capacity to locate buried gold, as well as gold existing in minute quantities.

• Ecology: There are stringent environmental regulations and land use policies in many parts of the world that we currently cannot explore ecologically sensitive areas for gold.

• Expense: Exploring for gold reserves can require a lot of upfront capital expenses that companies may not want to outlay for no guaranteed price return.

• Location: Many unexplored gold deposits can be in weather that is not conducive to exploration, or extreme terrain, or politically unstable regions.

• Limited and Unknown: The vastness of the earth surfaces, especially on the ocean floor, as well as all the remote locations of land on earth, have been never explored.

All of these reasons contribute to the unknown amount of gold still hidden away, and conceivably for a very long time until new technology comes along to let us explore to probably find undiscovered/unknown areas of gold resources.

What are the Methods for Buying Gold Coins in India?

There are a number of simple ways to buy gold coins in India:

• Jewellery Stores: Most local jewellers sell certified gold coins in different weights and purities.

• Banks: Many banks sell 24-karat gold coins that are guaranteed to be pure, but you can't return them to the bank to sell them again.

• Online Platforms: Trusted e-commerce platforms and jeweller websites sell gold coins with certifications and doorstep delivery options.

• Post Offices: The post offices in India sell gold coins that are certified as authentic by recognised organisations, such as the Indian Mint.

• Gold Exchange Schemes: It is common for several companies to offer schemes where customers can invest regularly and redeem gold coins on maturity.

• Digital Gold: You can buy gold coins digitally through both mobile apps and investment websites. You can later take possession of physical gold.

It's best practice to verify the weight, purity, and certification of a coin before purchasing it to ensure a safe investment.

What is the Current Demand for Gold In India?

India's great desire for gold is based on cultural, economic, and investment reasons:

• Cultural Role: Gold is very important for Indian weddings, festivals, and religious rituals, and people really want it.

• Investment Value: People like gold because they think it's a safe location to store their money when the economy is unstable.

• Rising Incomes:  More Indians are buying gold for personal consumption and as an investment since they have more money to spend.

• Government Initiatives: People can now invest in gold more easily thanks to government programs like Sovereign Gold Bonds and digital gold platforms.

• Global Factors: Changes in global gold and currency prices also effect demand in India.  

There is still a lot of demand for gold, especially during the holidays and when the economy is in trouble.

How do Gold Rates in India Change?

These things have an effect on the price of gold in India:

• Prices of Gold Around the World: Changes in world markets have a big effect on the price of gold in the US again.

• Currency Exchange Rates: The price of gold goes up when the Indian Rupee loses value versus the US Dollar because India buys gold.

• Inflation: Many people think of gold as a way to protect against inflation because prices tend to go up when inflation does.

• Demand: Prices go up when more gold is bought during weddings and festivals.   The price of gold may go down as individuals buy less of it.

• Government Policies: Taxes, levies, and restrictions governing purchasing and selling gold have a big impact on rates.

•  Geopolitical Tensions: Investors want to buy gold when there is a worldwide crisis or war, which makes the price go higher.

 The price of gold in India goes up and down every day, depending on what is going on in the world and in India.

Why do we Need to Invest in Gold in India?

Gold is a crucial component of a diversified portfolio because it has many beneficial qualities as an investment:

• Hedge Against Inflation: Gold retains its value over time and is a great way to hedge against inflation.

• Safety of Wealth: Gold preserves your wealth during periods of economic uncertainty or market turbulence.

• Cultural Significance: In the Indian subcontinent, gold has a sentimental and social significance and is largely perceived as a vessel of wealth.

• Liquidity: Gold is liquid, as it can be converted to cash anywhere in the world.

• Portfolio diversification: Adding gold to your portfolio reduces the risk of the overall portfolio and adds stability.

• Government-Supported Schemes: Investments like Sovereign Gold Bonds offer returns and tax incentives. 

Investing in gold is a secure way to safeguard your wealth that aligns with India's cultural and economic objectives.

Has Gold Investment in India Delivered Returns?

In the past, buying gold in India has been a great method to safeguard and grow your wealth.  It has been a way to protect against inflation and a safe place to go when the economy is bad for decades.  The returns on gold depend on a number of things, such as the status of the world economy, changes in currency values, and supply and demand.

• Long-term returns: Gold has always gone up in value over time, giving investors low to moderate but reliable returns.

• Economic Hedge: When the economy is bad, gold prices usually go up. This could be appealing to someone who wants to invest safely but without a lot of risk.

• Protection against inflation: Gold will always be a safe place to keep your money because it doesn't lose value when the value of money goes down.

• Portfolio Diversification: Adding gold to your investments decreases risk by balancing out equities and currencies that vary a lot. This is called diversifying your portfolio.

Gold may not yield as high returns as equities, but it is a smart investment in India because it is stable.

How is the Gold Produced or Mined?

Gold is mined from open-pit or underground mines and then processed to get it as clean as possible.  There are many complicated processes in the production process, and each one is important for getting the metal out and cleaning it up.

• Mining Process: Depending on how deep and where the gold mine is, modern machines are used to dig it up.

• Crushing and Milling: The ore is crushed and ground into small pieces to get the gold out of the other minerals.

• Chemical Extraction: Gold is dissolved in cyanide or mercury, and then the gold is taken back out of the solution.

• Refining: To get high purity, the extracted gold is cleaned using methods like smelting or electrolysis.

Environmental laws and new technologies are still changing the way things are made in order to lessen their impact on the environment.

How is Gold Brought Into India?

India gets most of its gold from other countries since it doesn't make enough of it itself to meet the strong demand.  The government strictly controls the process to keep an eye on trade deficits and foreign exchange.

• Government-Approved Imports: The Reserve Bank of India sets tight rules for licensed banks and nominated agencies that import gold.

• Import Duties: Importers have to pay taxes and tariffs, which raise the price of gold in the country.

• Transportation: Gold is normally moved in bars or coins, and strict security procedures are in place to keep it from being stolen or smuggled.

• Consumer Channels: Jewellers and stores all around the country get gold that has been brought in and sell it to customers.

India still has a lot of demand for gold for cultural, investment, and economic reasons. Such high demand creates a need for strong management of imports.

Why Checking Gold Prices Today is Important?

Staying updated with gold prices is essential for investors, buyers, and businesses to make informed decisions and maximise value. Gold prices are dynamic, influenced by multiple global and local factors.

• Investment Options: Buyers monitor the price of gold every day so they can determine when to buy or sell to optimise profit or minimise loss.

• Buying Gold: Retail clients generally purchase gold during a price drop; they buy gold during seasonal buying events, weddings, and festivals.

• Macroeconomic Trends: As gold prices go up or down, these are signals about economic situations for inflation, currency strength, or volatility in the economy that affect gold prices.

• Global Landscape: Gold prices are also affected by global conditions including world tension due to war, natural disasters, central bank changes in economic conditions, and speculation, all of which could be categorised as hedge effects on the price of gold.

Being aware of the price of gold today allows individuals, retailers, and businesses to plan for their financial future, individual needs, and allows greater freedom to make better decisions with regard to the price of gold, regardless of any economic condition.

What are the Hassles with Melting Old Gold Jewellery?

Individuals who buy and sell old gold jewellery should be cognizant of the different challenges that can occur when they try to melt the piece down.

• Purity Concerns: Worried about purity? Often, old gold items contain alloys and other imperfections that will make them worth less.

• Weight Loss: The melting process causes weight loss, which will mean you will receive a lower payout.

• Hidden Costs: Many jewellers inflate their charges for services performed like cleaning or melting, which can also drastically affect the amount you thought you would receive.

• Emotional Value: When people feel emotionally attached to the original designs of a family heirloom, it's sad to change it.

• Market Conditions: A change in the price of gold can affect the amount that can be melted.

If you don't want to see value eroded, then be an informed customer and understand the value of the jewellery as a whole besides weight, quality, and market price.

How is Gold Buying Sinking in India?

Gold buying in India has witnessed a decline due to multiple economic, social, and market factors. Historically, Indians have purchased gold as an investment and for cultural reasons, but this trend is shifting.

• Economic Factors: Rising inflation and reduced disposable income are affecting buyers’ purchasing power. Gold being a luxury commodity is often deprioritised.

• Changing Preferences: Younger generations prefer financial assets like stocks and mutual funds over traditional investments like gold.

• Market Volatility: Fluctuating gold prices deter potential buyers. Sudden spikes discourage bulk purchases.

• Increased Import Duties: The government’s increased tax on gold imports has made it more expensive, reducing demand.

• Digital Alternatives: Digital gold and other investment tools are gaining traction, sidelining physical gold.

These factors collectively indicate a significant transformation in India’s gold market dynamics.

How do Gold Prices Move in India?

Gold prices in India are influenced by a blend of domestic and international factors. Understanding these factors helps investors predict trends.

• Global Market Trends: International gold rates impact Indian prices as the country imports most of its gold.

• Currency Exchange Rates: A weaker rupee against the dollar raises the cost of imported gold.

• Demand and Supply: Seasonal demand during festivals and weddings often spikes prices.

• Government Policies: Import duties, taxes, and restrictions directly influence gold costs.

• Inflation Rates: High inflation often increases gold prices, as it is considered a hedge against inflation.

Monitoring these factors is crucial for anyone investing in gold.

How to Sell Gold in India?

Selling gold in India involves several steps to ensure transparency and value for money. Here’s how you can proceed:

1. Evaluate Your Gold: Determine the purity and weight of your gold items. Use a hallmark stamp as a reference.

2. Check the Market Rate: Refer to the current gold rate, considering the 22K or 24K price.

3. Approach Reputable Buyers: Visit certified jewellers, banks, or gold buying companies that offer fair prices.

4. Ensure Transparency: Choose buyers who weigh gold using calibrated, digital scales.

5. Complete Documentation: Provide identification proof and necessary paperwork during the transaction.

6. Avoid Middlemen: Directly deal with authorised entities to avoid losing money through intermediaries.

By following these steps, you can sell gold securely and at competitive rates.

What's the 916 Hallmarked Gold Rate in India?

The term "916 hallmarked gold" refers to 22-karat gold, containing 91.6% pure gold. Its rate fluctuates daily and depends on various factors:

• Global Gold Prices: International market rates significantly impact 916 gold prices in India.

• Import Duty: Changes in government-imposed import duties affect the final price.

• Local Taxes: GST and other regional taxes influence the retail price of 916 hallmarked gold.

• Purity Assurance: Hallmarked gold assures buyers of certified purity and standards.

To know the exact rate, buyers should check the daily updates provided by local jewellers or official gold price sources.

What are the Advantages of Investing in Gold?

Investing in gold offers several financial and practical benefits, making it a preferred choice for Indian investors:

• Hedge Against Inflation: Gold retains its value during inflationary periods, protecting purchasing power.

• Liquidity: Gold can be easily sold or converted into cash at any time.

• Portfolio Diversification: It balances investment portfolios, reducing risk from market volatility.

• Cultural Significance: Gold holds intrinsic value in Indian traditions, making it a dual-purpose asset.

• Safe Haven Asset: During economic uncertainties, gold remains a stable investment.

• Appreciation Potential: Over the long term, gold prices typically appreciate, providing consistent returns.

Gold remains a valuable addition to any investment strategy, ensuring stability and growth.

What are the Various Gold-Buying Options in India?

India offers diverse gold buying options to cater to varying preferences and investment goals. These include:

• Physical Gold: Jewellery, gold coins, and gold bars are traditional and popular forms of gold ownership. Jewellery often serves dual purposes of adornment and investment.

• Gold ETFs (Exchange Traded Funds): These are traded on stock exchanges and allow investors to own gold in dematerialised form. They eliminate storage concerns and offer high liquidity.

• Sovereign Gold Bonds: Issued by the Government of India, these bonds provide an annual interest rate and eliminate storage risks. They are a safe and profitable investment option.

• Digital Gold: Digital platforms allow you to purchase gold online in fractional quantities. The purchased gold is stored securely in vaults.

• Gold Mutual Funds: These funds invest in gold-producing companies or gold ETFs, providing an indirect method to invest in gold.

• Gold Futures: Traded on commodity exchanges, these allow investors to speculate on future gold prices.

Each option has its benefits and risks. Investors should evaluate their financial goals and risk tolerance before choosing.

What are our Various Gold Options?

Gold investments can be made in various forms, catering to traditional, modern, and speculative needs. These include:

• Physical Gold: Includes jewellery, coins, and bars. While jewellery carries making charges, coins and bars are pure investment options.

• Paper Gold: Options like gold ETFs and sovereign gold bonds enable investment without physical storage risks.

• Digital Gold: Provides a modern way to invest in gold through online platforms. The purchased gold is stored securely in vaults.

• Gold Stocks and Mutual Funds: Investing in companies that mine or produce gold offers exposure to the gold market indirectly.

• Gold Futures and Options: Suitable for experienced investors willing to speculate on gold price movements.

Each form has its unique advantages and risks. Choose based on liquidity, storage convenience, and investment horizon.

How do Gold Rates Depend on Currency Movements in India?

Gold prices in India are highly influenced by currency fluctuations, particularly the exchange rate between the Indian rupee and the US dollar. Here’s how:

• Gold is Priced in USD Internationally: India imports most of its gold, so any fluctuation in the USD/INR exchange rate directly impacts the price of gold in rupee terms.

• Weak Rupee Leads to Higher Gold Prices: If the rupee depreciates against the dollar, importing gold becomes more expensive, driving up domestic gold prices.

• Global Market Trends: Currency fluctuations affect global gold demand and supply, indirectly impacting Indian gold prices.

• Hedging Tool Against Currency Devaluation: Investors often turn to gold as a safe-haven asset during currency volatility, influencing its demand and price.

Monitoring currency trends and their impact on gold rates is crucial for informed investment decisions.

Why Gold is a Good Investment in India?

Gold is a reliable investment option in India for several reasons:

• Wealth Preservation: Gold retains its value over time and acts as a hedge against inflation and currency fluctuations.

• High Liquidity: Gold is easily convertible to cash, ensuring financial flexibility during emergencies.

• Cultural Significance: Gold holds sentimental and traditional value in India, making it a preferred long-term investment.

• Portfolio Diversification: Gold offers stability to investment portfolios, balancing the risks of volatile assets like equities.

• Global Demand: With its consistent global demand, gold remains a stable and universally accepted investment.

Considering its financial and cultural value, gold is an essential component of a well-balanced investment strategy.

Why is it Important to Restrain Yourself When Buying Gold?

Practising restraint when buying gold is vital to avoid financial strain and impulsive decisions. Key reasons include:

• Budget Adherence: Overspending on gold purchases can disrupt financial plans and lead to debt.

• Avoiding Overvaluation: Gold prices fluctuate, and buying during price spikes might result in losses during a correction.

• Ensuring Investment Goals: Excessive gold purchases can overshadow other essential investment avenues, limiting portfolio diversification.

• Storage and Safety Concerns: Owning physical gold requires secure storage, which incurs additional costs.

• Resale Considerations: Jewellery often carries making charges, reducing its resale value. Limiting purchases to pure gold forms ensures better returns.

Buying gold responsibly ensures it remains an asset rather than a liability.

Is it Worth Investing in Jewellers' Gold Schemes?

Jewellers’ gold schemes can be attractive but require careful consideration. Key factors to assess include:

• Systematic Savings: These schemes enable disciplined savings by contributing fixed amounts regularly, which can later be used to purchase gold.

• Discounts on Making Charges: Some schemes offer reductions on jewellery-making charges, making them cost-effective for buying ornaments.

• Limited Flexibility: Investments in such schemes are often restricted to a specific jeweller, reducing the freedom to explore other options.

• Lack of Returns: Unlike gold ETFs or bonds, these schemes do not offer interest or growth in investment value.

• Risk of Default: Ensure the jeweller is reputable, as these schemes are not regulated by financial authorities.

While jewellers’ schemes suit those aiming to buy jewellery, alternative gold investments may offer better returns and flexibility.

How Bond Yields the Rise in Us is Affecting Gold Prices in India Today?

The rising bond yields in the United States have a direct impact on global gold prices, including in India. Bond yields represent the return investors can earn on government bonds, which are often viewed as a safer investment compared to gold. Here's how they influence gold prices:

• Inverse Relationship With Gold Prices: When US bond yields rise, the opportunity cost of holding gold increases. Investors tend to move funds from non-interest-bearing assets like gold to bonds, reducing gold demand and lowering prices.

• Dollar Strengthening: Higher US bond yields often strengthen the US dollar. A stronger dollar makes gold more expensive for buyers in India as gold is traded in dollars internationally.

• Global Market Trends: Gold prices in India are heavily influenced by international markets. Rising US bond yields can trigger a decline in global gold prices, which affects domestic prices.

• Inflationary Impact: Higher yields signal potential changes in US interest rates, often linked to inflation expectations. Gold, traditionally a hedge against inflation, may see fluctuating demand depending on inflationary trends.

In India, factors such as the rupee’s value against the dollar, import duties, and local demand also contribute to gold price fluctuations. Therefore, while rising US bond yields exert downward pressure, domestic elements may offset or amplify the effect. Investors should consider these dynamics when analysing gold as an investment option.

How to Know the Differences Between 22 karats and 24 karats Gold?

Understanding the difference between 22-karat and 24-karat gold is essential when purchasing jewellery or making investments. Here’s a detailed explanation:

• Purity: 24-karat gold is 99.9% pure, containing no other metals. It is the purest form of gold. 22-karat gold, on the other hand, contains 91.6% pure gold, with the remaining 8.4% composed of alloys like silver or copper to improve strength.

• Appearance: 24-karat gold has a bright, rich yellow hue due to its purity. 22-karat gold has a slightly duller tone because of the added alloys.

• Durability: 24-karat gold is softer and more malleable, making it unsuitable for crafting intricate jewellery. 22-karat gold is sturdier and ideal for creating durable ornaments.

• Usage: 24-karat gold is primarily used for investment purposes, such as gold coins and bars. 22-karat gold is widely used in jewellery making.

• Price: Due to its higher purity, 24-karat gold is more expensive than 22-karat gold. The difference in purity accounts for the price variation.

To verify purity, look for hallmark certifications from authorised agencies. For 22-karat gold, the hallmark often includes "22K916," indicating 91.6% purity. For 24-karat gold, look for markings like "24K999."

Understanding these differences helps buyers make informed decisions based on their requirements, whether for investment or adornment.

Physical Gold vs Gold ETFs vs Sovereign Gold Bonds

When investing in gold, choosing the right option depends on your financial goals, risk tolerance, and convenience. Physical gold, gold ETFs (Exchange-Traded Funds), and sovereign gold bonds (SGBs) cater to different types of investors. Below is a detailed comparison presented in a tabular format to help you decide.

In conclusion, each investment option serves different purposes. Understanding their nuances can help investors align their choices with their financial objectives.

How to Determine the Purity of Gold?

Figuring out the purity of your gold is a big deal, especially when you're putting money down. You'll want to use these methods to be sure of its authenticity and quality:

• Hallmark Certification: The first thing you should look for is the BIS hallmark. This is a government-approved stamp that confirms the gold's purity. It typically shows the karat value and the official logo from the Bureau of Indian Standards.

• karatage Test: Gold's purity is measured in karats. While 24 karat is pure gold, it’s too soft for most jewellery, so 22 karats (which is 91.6% pure) is the standard you'll find most often.

• Magnet Test: Here's a simple trick: gold isn't magnetic. If you bring a magnet close to it, and it clings to the piece, assume it's alloyed with other metals.

• Acid Test: You can acquire acid testing kits to test for purity. They will show how the gold reacts with the acid.

• Density Test: Pure gold is very dense. If you weigh the piece to get a density measurement, you can get a good sense of whether it contains lighter, less valuable metals.

• Professional Testing Machines: For an accurate result, jewellers use an XRF analyser or similar piece of equipment to obtain an exact reading of purity.

You should always ask the seller for a certificate of purity and double-check the details to feel confident in your purchase.

When is the Best Time to Buy Gold?

Determining the best time to purchase gold ultimately depends on market patterns and your personal financial circumstances. Here are a few things to consider:

• Offers during Festivals: Watch out during festivals, such as Akshaya Tritiya or Dhanteras, here in India. During the festivals, the prices may decrease or at least remain stagnant.

• Discounted Prices at Off-Peak Times: It pays to delay purchasing gold when everyone else is doing so, such as during peak wedding season. Demand will push prices up.

• Stock Market Trends: Gold is often seen as a safe bet when the economy is rocky. You might consider buying when the stock market is going through a rough patch.

• Global Factors: Pay attention to what's happening globally. International gold rates, currency exchange rates, and what central banks are doing can all signal a good time to buy.

Before you make a move, weigh the current price against your long-term financial goals.

How do India Gold Rates Today Get Affected by International Factors?

What happens on the world stage plays a huge part in setting gold prices in India. The main influences are:

• Worldwide Gold Price: Global references, largely set by London's Bullion Market, significantly influence the prices we pay in India.

• Currency Movements: Since gold is traded in dollars, if the rupee weakens against the dollars, this will impact gold prices in India.

• Central Banks' Economic Policy: Changes in the economy, such the Federal Reserve's interest rates, can affect the price of gold by changing the amount of gold that people want to buy.

• Geopolitical Events: Any geopolitical event, such as wars, sanction, and major economic depression, lead gold as being perceived as a safe haven by people which influences gold prices in India.

Keeping tabs on these factors can help you get a better sense of where prices might be heading.

What is the Economic Impact of the Wedding Season on Gold?

The wedding season has a massive impact on India's gold market simply because of how important gold is in our culture. The key effects are:

• Price Surge: With so many people buying jewellery, the increased demand naturally pushes gold prices higher during this time.

• A Lift for Jewellers: The wedding season represents a substantial chunk of revenues for jewellers, and is an important time in their business calendar.

• Dependence on Imports: India imports gold in significant quantities. When spikes in wedding demand occur, we see a spike in gold imports, which can impact the trade balance of the country.

• Impact on Savings: Many families dip into their savings to buy gold for weddings, which in turn affects household budgets and how people spend their money.

Gold's role in Indian weddings makes it a major economic player throughout the season.

Why do Indian Gold Prices Today Surge Higher Than Ever?

Ever feel like gold prices in India just keep going up? Well, you're not wrong. It's usually a combination of things happening together:

• Global Inflation: With global inflation heating up, many people see gold as a safe harbour for their money, and that naturally pushes the demand right up.

• Currency Depreciation: If the rupee takes a dip against the US dollar, bringing gold into the country costs more, and that extra expense gets passed on to us.

• Increased Domestic Demand: Here in India, our deep-rooted traditions, from big festivals to weddings, ensure that the appetite for gold pretty much never goes away.

• Central Banks' Policies: Gold is a better investment than other assets when interest rates are low around the world.

• Geopolitical Risk: Any form of political or economic turmoil on the world stage makes gold a more appealing safe haven investment, which drives up demand and affects prices in India.

This mix of things is what is causing gold prices to go up.

How does International Demand Impact Gold Rates in India Today?

Global demand for gold has a direct line to the prices we see in India. The main reasons for this include:

• Global Market Trends: When demand for gold goes up in big markets like China or the US, it influences prices around the world, which then affects prices in India.

• Central Bank Reserves: When central banks all over the world acquire more gold for their reserves, it will lower the amount of gold available and raise its price.

• Investment Demand: When the economy is bad, international investors typically buy gold as a secure asset, which drives up its price.

• Geopolitical Events: Political turmoil anywhere in the world can increase the global demand for gold, which in turn affects the rates here in India.

Because we rely so heavily on imports, international demand is a critical piece of the puzzle for our domestic prices.

Why does India's Gold Price Today Follow the International Trend?

Wondering why India's gold rates seem to copy the world's? It's mostly because we buy so much from abroad. A handful of big reasons explain this:

• Import Dependency: Because nearly all our gold comes from other countries, you can bet our local rates will react to any little ripple in the worldwide market.

• Currency Fluctuations: What the rupee is worth against the US dollar plays a huge role. If the rupee drops, buying gold from overseas simply costs us more.

• Worldwide Demand and Supply: Trends in global jewellery demand, the volume of central bank gold purchases, and mining production influence international prices that India follows.

• Economic and Financial Factors: General economic issues, including inflation, interest rates, and global stability, set the scene for international prices that India pays attention to.

• Geopolitical Events: Any major crisis or uncertainty, like a war or trade dispute, tends to push international gold prices higher, and we see that reflected in India.

These connections ensure that what happens globally has a direct say on gold prices in India.

How are India's Gold Rates Today Following the International Trend?

India’s gold rates stay in step with international trends because of a few interconnected reasons:

• Price Setting: The big international markets, especially London and New York, are the ones that set the benchmark prices for gold, and Indian markets use those as a starting point.

• Customs Duties: The final price in India includes import duties and taxes added on top of the global price, so while the rate is different, it still moves with the global trend.

• Rupee-Dollar Exchange: Any change in the rupee-dollar exchange rate has an immediate effect on gold prices in India, keeping them linked to international rates.

• Market Sentiment: How investors are feeling is often driven by global events, which means local sentiment and buying patterns tend to align with international benchmarks.

Thanks to these factors, Indian gold rates are always going to be closely synced with the international markets.

Why does International Geopolitics Impact India's Gold Rates Today?

International geopolitical events influence gold prices in India due to the following reasons:

• Safe-Haven Investment: Gold is considered a refuge during political tensions or conflicts. An increase in demand globally raises its price, impacting India.

• Global Uncertainty: Events like wars, sanctions, or trade disruptions create global economic uncertainty, leading to higher gold prices that reflect in Indian markets.

• Supply Chain Disruptions: Geopolitical events can hinder gold mining or export routes, causing a rise in international prices that India follows.

• Currency Impact: Tensions affect the US dollar, which inversely impacts gold prices. Since India imports gold, the impact is directly visible in domestic rates.

International geopolitical dynamics make Indian gold prices highly volatile and dependent on global trends.

When do India’s Gold Prices Climb Higher?

India’s gold prices climb higher under specific circumstances:

• Global Economic Crises: Periods of inflation, recession, or economic instability increase global gold demand, raising its price in India.

• Currency Depreciation: A weaker rupee against the dollar raises import costs, directly increasing gold prices.

• Festive and Wedding Seasons: Local demand surges during festivals and weddings, pushing prices higher.

• Geopolitical Tensions: Political instability or wars lead to increased global demand for gold, reflected in Indian rates.

• Government Policies: Changes in import duties or taxes directly affect gold prices.

These factors collectively drive the rise in India’s gold prices.

Do Capital and Commodity Markets Impact Gold Prices in India Today?

Capital and commodity markets significantly influence India’s gold prices through these mechanisms:

• Investor Behaviour: When equity markets are volatile, investors shift to gold as a safer asset, increasing its demand and price.

• Interest Rates: Lower interest rates make gold an attractive investment, boosting demand and prices.

• Commodity Prices: Fluctuations in the commodity market impact gold mining costs and supply, indirectly affecting Indian gold prices.

• Global Indices: Indian gold prices follow trends in international commodity exchanges like COMEX, impacting local rates.

• Market Speculation: Traders’ expectations based on economic data or geopolitical events also influence gold prices.

India’s gold pricing is deeply intertwined with capital and commodity market trends.

What Determines the Gold Prices in India Today?

The factors determining gold prices in India domestically and internationally include: 

• Global Prices: International benchmark rates set the framework for domestic gold prices. 

• Exchange Rates: The rupee-dollar exchange rate fluctuations impact the cost of import. 

• Customs Duties and Taxes: Import duties, GST, and other local taxes contribute to the final gold price in India. 

• Supply and Demand: Demand in the country due to festivals, weddings and other economic conditions affects gold prices. 

• Market Trends: The volatility in price is driven by investor sentiment, geopolitical events, and economic data. 

• Mining and Production Costs: International prices depend on mining costs and supply disruptions and this is reflected by India.

These factors collectively determine India’s gold prices on a daily basis.

Why is the Gold Rate Different in Different Cities in India?

The gold rate varies across cities in India due to several factors influencing the pricing and demand for the precious metal:

• Local Taxes and Duties: State governments impose different levels of taxes, such as value-added tax (VAT) or goods and services tax (GST), leading to price discrepancies.

• Transportation Costs: The cost of transporting gold from refineries or international markets to specific cities impacts the final price.

• Local Demand and Supply: Cities with higher demand for gold jewellery or investments may experience slightly higher prices compared to areas with lower demand.

• International Market Influence: Gold prices are linked to international rates, which are then converted into Indian Rupees. Currency exchange fluctuations also affect prices differently across cities.

• Regional Import Duties: Ports in specific regions impose different handling or import fees, which may lead to variations in gold prices.

• Jeweller’s Margin: Local jewellers often include their profit margins, which vary depending on the competition in the city.

For example, metro cities like Mumbai and Delhi often have slightly lower rates due to better infrastructure and competitive markets. In comparison, smaller towns may have higher rates due to additional logistical challenges.

Understanding these factors helps buyers make informed decisions when investing in gold across different cities in India.

What is the Difference Between Carat and karat?

Carat and karat often sound similar, but they mean very different things when we talk about jewellery. I still remember mixing them up the first time I walked into a jewellery shop — so you’re not alone if you’ve done the same. Here’s the breakdown:

Carat (ct)

• Carat is all about weight, and it’s used for gemstones like diamonds, rubies, and sapphires.

• One carat equals 200 milligrams, which is the same as 0.2 grams.

• The carat number affects how large a gemstone looks and, of course, how much it’s valued.

• A higher carat doesn’t always mean “better” — it just means “heavier.” A small stone with more sparkle can sometimes look more appealing than a heavier one.

karat (K)

• Karat is about purity, not weight. It shows how much of the metal is pure gold in a piece of jewellery.

• Pure gold is 24 karats (24K). That means there are no other metals mixed in.

Common types you’ll come across are:

• 22k: About 91.6% gold, with the rest usually silver or copper for strength.

• 18k: Around 75% gold, again mixed with other metals to make it tougher for everyday wear.

Think of karat as a percentage scale, where 24k is the top end — pure gold.

Key Difference

• Carat = weight of gemstones.

• Karat = purity of gold.

Both matter when you’re buying jewellery, but they’re talking about completely different things.

What is the Difference Between 22K and 24K Gold?

At a glance, 22K and 24K gold appear similar. But the true difference is in purity, durability, and applications. Here is a straightforward comparison:

Purity

• 22K Gold: About 91.6% pure gold, and the other portion contains metals such as silver, zinc, or copper

• 24K Gold: Nearly 99.9% pure gold that contains minimal other elements, including metals.

Durability

• 22K: Tougher because of the alloyed metals, so it holds its shape better.

• 24K: Softer and more prone to bending or scratching.

Uses

• 22K: Widely used for jewellery and ornaments.

• 24K: Mostly preferred for investments such as coins and gold bars.

Appearance

• 22K: Slightly less bright but still attractive.

• 24K: More shiny and brilliant due to a higher purity level.

Cost

• 22K: Cheaper than the prior item, thus more practical for jewellery purchases.

• 24K: Expensive but sometimes even appraised for its worth over time.

The decision is dependent on one thing. If you care more about daily wear and durability then 22K gold is a better option. If you care more about the purity and wealth preservation aspect, then 24K gold is the best choice.

Conclusion

Gold is more than just a metal — it holds cultural significance while also being a form of financial protection. 22K and 24K gold fulfil their own purposes.

As you consider investing, it is also worthwhile to familiarise yourself with options such as a brokerage calculator to better understand costs. There are also options available to you that combine with brokerage calculators, such as a Margin Trading Facility (MTF), that can potentially generate better returns over time. Additionally, explore investment avenues such as the upcoming IPO.

Disclaimer: Investments in the securities market are subject to market risk. Read all related documents carefully before investing.

This content is for educational purposes only. Securities quoted are exemplary and not recommendatory.  

Reg Office: Bajaj Auto Limited Complex, Mumbai –Pune Road, Akurdi, Pune 411035. Corp. Office: Bajaj Financial Securities Ltd., 1st Floor, Mantri IT Park, Tower B, Unit No 9 & 10, Viman Nagar, Pune, Maharashtra 411014. SEBI Registration No.: INZ000218931 | BSE Cash/F&O/CDS (Member ID: 6706) | NSE Cash/F&O/CDS (Member ID: 90177) | DP Registration No: IN-DP-418-2019 | CDSL DP No.: 12088600 | NSDL DP No. IN304300 | AMFI Registration No.: ARN – 163403.