Gold Rate Today

16th Aug 2023

Gold Rate Today vs Yesterday

Action

24 Carat

₹ 6,044

₹ -5

-0.08%

15-Aug-23

Price Change

% Change

22 Carat

₹ 5,540

₹ -4

-0.07%

₹ 6,039

16-Aug-23

₹ 5,536

Gold Rate of Last 5 Days in India (1 g)

        Date               22k Carat      24k Carat         Aug 16, 2023    ₹ 5,536           ₹ 6,039    Aug 15, 2023    ₹ 5,540           ₹ 6,044        Aug 14, 2023    ₹ 5,540           ₹ 6,044    Aug 13, 2023    ₹ 5,530           ₹ 6,032    Aug 12, 2023    ₹ 5,530           ₹ 6,032              

What is the Difference between Gold and Spot Gold?

Gold is the name of the actual commodity which can be bought physically or electronically while spot gold is the immediate price of gold as traded on various exchanges.

How does Spot Gold Trading Work?

Spot Gold Trading works similarly to buying and selling stocks where investors can buy gold electronically through exchanges where gold is quoted based on real-time prices.

Is Spot Gold Trading Legal in India?

Yes, Gold Spot Investing is completely legal in India and can be executed legally through various commodity exchanges.