Q:

How do you determine the live gold rate in India?

A:

Quick Answer

Determine live gold rates in India by visiting the live market rates for India on the Kitco website. Kitco is a Canadian company that specializes in the retail of precious metals such as platinum, gold and silver, states Bloomberg. Its website also features news about gold trading, commentaries and other market information.

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Full Answer

India is the world's biggest consumer of gold, followed by China and the United States. Most of India's demand for gold goes to the country's jewelry industry and investments. Since the country's demand for gold is expected to remain high, trading in gold commodities in India is a wise investment, according to the Kotak Commodities website.

The following shows how to view live gold price rates using the charts on the Kitco website.

  1. Go to the website
  2. Type www.kitco.com into the browser and press "Enter."

  3. Go to the All Metal Quotes page
  4. On the Kitco homepage, click on the "All Metal Quotes" tab near the top of the page.

  5. Navigate to the Indian charts
  6. Scroll down the left side of the All Metal Quotes page and then click on the Indian Rupee on the Precious Metal Charts Panel.

  7. View the live charts
  8. The live market quotes for gold are displayed on the page, as well as live quotes for silver, platinum and palladium.

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