Gold at ₹1,509/gram: Is Now Your Time to Buy?
Gold prices are hovering near ₹1,509 per gram for 24K purity. Before you buy jewellery, an SGB, or a gold ETF, here's what today's price means for your wallet and whether timing matters at all.
1 gram of gold today costs more than a Delhi auto-rickshaw driver earns in 3 days.
That's what 24K gold costs you today — before making jewellery decisions
Key Takeaways
Compare 22K vs 24K prices at your jeweller — 22K (91.6% purity) is cheaper but carries making charges; 24K is purer but rarely used in jewellery.
If investing — not buying jewellery — consider Gold ETFs or Sovereign Gold Bonds instead of physical gold to avoid making charges and storage risk.
Check the government's Sovereign Gold Bond (SGB) calendar on RBI's website; SGBs are issued at a slight discount to market price plus earn 2.5% annual interest.
Gold prices are hovering near ₹1,509 per gram for 24K purity. Before you buy jewellery, an SGB, or a gold ETF, here's what today's price means for your wallet and whether timing matters at all.
Here's what happened: 24K gold is trading around ₹1,509 per gram (₹15,090 per tola), close to recent all-time highs driven by global uncertainty.. Silver (999 Fine) is priced near ₹248 per gram — giving it a gold-to-silver ratio above 60, historically a signal of silver being undervalued.. MCX remains closed on weekends, so retail prices reflect Friday's closing levels and may shift when markets reopen Monday..
What you should do: Compare 22K vs 24K prices at your jeweller — 22K (91.6% purity) is cheaper but carries making charges; 24K is purer but rarely used in jewellery.. If investing — not buying jewellery — consider Gold ETFs or Sovereign Gold Bonds instead of physical gold to avoid making charges and storage risk.. Check the government's Sovereign Gold Bond (SGB) calendar on RBI's website; SGBs are issued at a slight discount to market price plus earn 2.5% annual interest..
Physical gold buyers pay 3–25% in making charges on top of the gold price — that cost is almost impossible to recover on resale. Gold ETFs have zero making charges and track live gold prices.
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- [1]“Gold, silver prices today, June 14: Check retail rates of 24K, 22K gold, 999 silver in Delhi, Mumbai and Kolkata” mint - money · 14 Jun 2026
This article is reported by GoCredit's Editorial Team based on the source above. GoCredit synthesises, contextualises, and adds India-borrower-relevant analysis. We are not the original publisher.