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.
Grams | 22K Today | 22K Yesterday |
---|---|---|
10 gram | 58,682.68 | 58,224.22 |
Grams | 24K Today | 24K Yesterday |
---|---|---|
10 gram | 64,000 | 63,500 |
City | Price/gm |
---|---|
Bangalore | 0 |
Mumbai | 0 |
Hyderabad | 0 |
Chennai | 0 |
Delhi | 0 |
With the advent of apps like Gullak, investing in gold has become even easier and more transparent. It offers several advantages, including:
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Buy 10gm gold today
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:
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.
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.
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.
Here are some tips if you're looking to buy 10 gram gold:
Invest in the best gold asset
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.