Gold Rate Today: Gold rates in India reached historic highs during morning trade on Wednesday (October 1), driven by concerns over a potential US government shutdown that has increased demand for safe-haven assets.

Furthermore, on Tuesday, September 30, 24 carats of 10 grams of gold crossed the Rs 116,000 mark for the first time, amidst festive seasonal demand in India.

The yellow metal is considered an ideal inflation hedge . Notably, 24-carat gold is the most expensive form of gold and is commonly used for investment purposes, while the 22-carat gold and 18-carat gold are primarily utilised for jewellery.

Gold rate in India today, on October 1 (INR):

As of today, Wednesday, October 1, gold prices have shown a steady upward trend across different purities. The rate for 24K gold sta

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