10 Gm Gold Price In India

By Team Gullak

Apr 30, 2024

4 min read

If there's one thing that transcends the temporal boundaries of Indian history, it's our deep-rooted fascination with gold. A crucial part of our deep dive into the world of gold involves focusing on a specific weight category – the 10 gm gold price. Understanding the price dynamics of this weight category is vital for those who aim to tread the road to financial independence strategically.

In this article, we'll unravel the mystery surrounding the 10 gm gold price and delve deeper into its historical trends, influencing factors, reasons for its popularity, and tips on buying gold and related investment options.

22 Carat 10 gm gold price today

Grams	22K Today	22K Yesterday
10 gram	58,682.68	58,224.22

24 Carat 10 gm gold price

Grams	24K Today	24K Yesterday
10 gram	64,000	63,500

10 gm gold price in Indian cities

City	Price/gm
Bangalore	0
Mumbai	0
Hyderabad	0
Chennai	0
Delhi	0

10 gm gold price & best ways of buying it

With the advent of apps like Gullak, investing in gold has become even easier and more transparent. It offers several advantages, including:

Earn Extra Gold Grams: Users can earn up to 5% extra gold grams on their gold savings every year, allowing them to grow their wealth over time.

Trusted Platform: Gullak Gold+ is trusted by over 1 million users, offering a reliable and secure way to invest in gold.

Beat Market Returns: Users can expect an average annual return of 16%(11% average annual gold price appreciation + extra 5%) on their investment.

100% safety: Your investment in Gullak Gold+ is 100% secure. Apart from taking care of all the safety concerns, Gullak also provides 100% bank guarantee on investments to safeguard your investments.

With gold leasing, Gullak Gold+ beats 90% of mutual funds & all gold assets in India. If you’re checking 10 gm gold price & want to invest, explore Gullak Gold+ for the best returns

Buy 10gm gold today

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Understanding 10 gm Gold Price

Gold prices keep changing based on different global and domestic factors. It impacts the 10 gram gold value as well. Let’s take a closer look at these factors:

Global Influence on Gold Price

The price of gold largely depends on international factors like global economic indicators, geopolitical events, the strength of international currencies (especially USD), central bank policies, etc. For instance, during times of economic unrest or geopolitical tensions, investors flock towards gold, which often leads to an increase in its demand and consequently, its price. Given this, even the 10 gm gold price can be significant at times for a lot of people.

National Factors Impacting Gold Price

In addition to global influences, national factors like import duties and taxes (India imports most of its gold), changes in tariff policies by the government, fluctuations in the Rupee against USD etc., significantly affect the 10 gm gold price in India.

Demand and Supply Dynamics

Lastly, traditional demand for gold from the jewellery sector and more recent demand from ETFs also play a crucial role. As an investor looking at a 10 gm gold price, it's essential to understand these elements to make informed decisions.

10 gm gold price & Tips To Buy

Here are some tips if you're looking to buy 10 gram gold:

Check Purity: Ascertain that you're getting your desired purity level by checking for hallmarks and certifications.
Compare Prices: Don't just settle for the first quote you receive; compare prices from various jewellers or dealers.
Consider Making Charges: These charges are over and above the cost of gold and can impact the overall price.
Check the asset: With the extra 5% on top of gold’s annual price appreciation of 11%, Gullak Gold+ gives 16% returns pa. These 16% returns beat returns from all other gold assets in India.

Invest in the best gold asset

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Final Notes on 10 gm gold price

Gold prices, particularly 10 gm gold prices, continue to interest investors. Understanding the factors influencing the 10 gm gold price in India can give you a strategic advantage when investing in or buying gold.

Companies like Gullak offer innovative gold investment opportunities with competitive returns, further enhancing gold's attractiveness as an asset class. Besides 11% annual returns, the potential to earn 16% on your investment, it offers several other compelling features like saving in gold for your life goals, investing your spare change in gold etc. These include no lock-in period, meaning users can withdraw their investments in cash(INR), get gold coins delivered or redeem jewellery at Gullak’s partner gold stores.

All of these Gullak Gold+ features can enhance your 10 gm gold value investment significantly.

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