What is todays gold selling price in india ?
Depends on what form and what reason you are buying it as.Physical gold is more for jewellery .The price as indicated is about Rs 12125 for standard gold at 99.5% purity..But if you want to buy it for Investments or as a hedge against inflation buy gold ETF as from a taxation/liquidity perspective its cheaper. Physical Gold is taxed at 30% on gains for upto 3 years post which it is 10% while with Gold exchange traded funds(ETF) it is 30% on gains for upto 1 year and 10% beyond.ETF’s have the same rate as standard gold and are more easily saleable as unlike physical gold you don’t have to check for purity or go back to the seller to get the current price.
