Gold Rate Today: Gold rates in India reached historic highs during morning trade on Wednesday (October 2), driven by concerns over a potential US government shutdown that has increased demand for safe-haven assets.

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, Thursday, October 2, gold prices have shown a slight downward trend across different purities.

The gold rates per gram in India are as follows: 24K gold is priced at ₹11,869, down by ₹55, indicating a price decrease.

22K gold stands at ₹10,880 per gram, down ₹50, reflecting a

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