Gold Rate Today

16th May 2023

Gold Rate Today vs Yesterday

Action

22 Carat

₹ 5,760

₹ 5,765

₹ -5

-0.08%

15-May-23

16-May-23

Price Change

% Change

24 Carat

₹ 6,284

₹ 6,289

₹ -5

-0.08%

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

       Date              22k Carat      24k Carat         May 16, 2023     ₹ 5,760         ₹ 6,284       May 15, 2023     ₹ 5,749         ₹ 6,271    May 14, 2023     ₹ 5,749        ₹ 6,271      May 13, 2023     ₹ 5,749        ₹ 6,271    May 12, 2023     ₹ 5,749        ₹ 6,271    May 11, 2023     ₹ 5,785        ₹ 6,310

6,310

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.