Gold Rate Today: While gold rates in India reached historic highs at the start of October, driven by concerns over a potential US government shutdown, which led to increased demand for safe-haven assets and amidst festive seasonal demand in India, the prices of gold have shown a slight downward trend since yesterday .

The yellow metal is considered an ideal inflation hedge , with 24-carat gold being 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 3 (INR):

Gold prices in India have seen a slight decline today, with the rate for 24K gold is ₹11,804 per gram, down by ₹65, while 22K gold is priced at ₹10,820 per gram, falling ₹60. Similarly,

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