Gold has also been a store of value and in the 1800s most paper currencies were backed by gold. Hence gold has acted like a currency since many decades until the dollar was no longer backed by gold from 1971 onwards.
However gold continues to be the most liquid asset and thus remains a popular asset class.
₹ 52,200 (Cuttack)
Chennai
₹ 60,710
Kerala
₹ 60,380
Coimbatore
₹ 60,710
Surat
₹ 60,430
Mumbai
₹ 60,380
Pune
₹ 60,380
Madurai
₹ 60,710
Bhubaneshwar
₹ 60,380
Delhi
₹ 60,530
Vadodara
₹ 60,430
Vijayvada
₹ 60,380
Mangalore
₹ 60,380
Kolkata
₹ 60,380
Ahmedabad
₹ 60,430
Patna
₹ 60,430
Visakhapatnam
₹ 60,380
Bengaluru
₹ 60,380
Jaipur
₹ 60,530
Nagpur
₹ 60,380
Nashik
₹ 60,410
Hyderabad
₹ 51,920
Lucknow
₹ 60,530
Chandigarh
₹ 50,350
Mysuru
₹ 60,380
Cuttack
₹ 60,380
Noida
₹ 60,530
Davanagere
₹ 60,380
Salem
₹ 60,710
Bellary
₹ 60,380
Vellore
₹ 60,710
Gurgaon
₹ 60,530
Amaravati
₹ 60,380
Ghaziabad
₹ 60,530
Guntur
₹ 60,380
* Mentioned Gold prices are indicative and do not include GST/TCS and other taxes.
