Gold price on Dhanteras 2017: Buying gold? Check out latest gold rates in Delhi, Mumbai, Bangalore, Kolkata

The day of Dhanteras is believed to bring wealth, prosperity and good luck to all.

Dhanteras — the festival of wealth and prosperity, and also known as Dhanatrayodashi and Dhanvantari Trayodashi – marks the beginning of the first day of Diwali. It is celebrated two days before the festival of lights in India. On this day Goddess Lakshmi is worshiped to provide wealth and prosperity. The day of Dhanteras is believed to bring wealth, prosperity and good luck to all. This explains why people prefer to buy gold, silver and kitchenware on this day, apart from gifting gold and silver coins to their near and dear ones. If you are also planning to buy gold or gold jewellery today, here are the latest prices of gold in India’s top 12 cities:

1. Gold Rates in Delhi

Standard Gold (22 K) – 1 gram- Rs 2,875

Pure Gold (24 K) – 1 gram – Rs 3,072

2. Gold Rates in Mumbai

Standard Gold (22 K) – 1 gram- Rs 2,938

Pure Gold (24 K) – 1 gram – Rs 3,135

3. Gold Rates in Bangalore

Standard Gold (22 K) – 1 gram- Rs 2,793

Pure Gold (24 K) – 1 gram – Rs 2,987

4. Gold Rates in Chennai

Standard Gold (22 K) – 1 gram- Rs 2,844

Pure Gold (24 K) – 1 gram – Rs 3,042

5. Gold Rates in Hyderabad

Standard Gold (22 K) – 1 gram- Rs 2,844

Pure Gold (24 K) – 1 gram – Rs 3,042

6. Gold Rates in Kolkata

Standard Gold (22 K) – 1 gram- Rs 2,941

Pure Gold (24 K) – 1 gram – Rs 3,138

7. Gold Rates in Patna

Standard Gold (22 K) – 1 gram- Rs 2,941

Pure Gold (24 K) – 1 gram – Rs 3,138

8. Gold Rates in Bhopal

Standard Gold (22 K) – 1 gram- Rs 2,938

Pure Gold (24 K) – 1 gram – Rs 3,135

9. Gold Rates in Chandigarh

Standard Gold (22 K) – 1 gram- Rs 2,875

Pure Gold (24 K) – 1 gram – Rs 3,072

10. Gold Rates in Lucknow

Standard Gold (22 K) – 1 gram- Rs 2,875

Pure Gold (24 K) – 1 gram – Rs 3,072

11. Gold Rates in Ahmedabad

Standard Gold (22 K) – 1 gram- Rs 2,936

Pure Gold (24 K) – 1 gram – Rs 3,133

12. Gold Rates in Pune

Standard Gold (22 K) – 1 gram- Rs 2,938

Pure Gold (24 K) – 1 gram – Rs 3,135

It may be noted that gold rates change on a daily basis, keeping into account world gold rates and market trends. Gold can be bought in either the 22 karat form or the 24 karat form and the gold rates vary depending on the purity and quantity of gold present in an item. 22 karat gold is about 92% pure, making it less expensive than 24 karat gold, which is 99.99% pure.

(Gold rates of different cities have been taken from Bankbazaar.com and are the rates of 16 October, 2017)