commodities BenchmarkTwice daily at 12:00 PM and 5:00 PM IST (excl. weekends)
Gold (24K - 999 Purity)
₹74,250per 10 grams+0.22% (+₹160)
3-Year CAGR: 14.8% CAGR
5-Year CAGR: 12.6% CAGR
52-Week Low: ₹58,40052-Week High: ₹75,800
Understanding Gold (24K - 999 Purity)
The official sovereign benchmark for 24-karat gold published by IBJA, utilized by the RBI for Sovereign Gold Bond (SGB) redemptions and by jewelers nationwide.
How This Benchmark Affects Your Money in India
•The premier inflation hedge and currency depreciation shock absorber for Indian households.
•Post-Budget reduction of customs duty to 6% reduced retail premiums and increased gold accessibility.
•Recommended allocation: 5% to 10% of portfolio via SGB or Gold ETFs.
