Know today’s new price of gold and silver : The rich cultural heritage of Gujarat and India is intertwined with gold and silver. The precious metal holds great significance in Gujarati traditions, especially during weddings and festivals. Wearing gold and silver jewelry is considered a symbol of prosperity and beauty. Moreover, the state’s strong economic situation has contributed to a strong demand for gold, making it an important component of the local economy.
Price of 22 carat gold per gram in Gujarat
The purity of gold is measured in karats. Pure gold is 24 karats, but in jewelry that is made, some other metals are added to the gold to make it more durable and durable. Most people buy 22-karat gold. Today’s 22-karat gold price in Gujarat is given which will definitely help you.
Today’s latest 22 carat gold price – Ahmedabad
| Gold rate for 1 gram | ₹ 13,179 |
| Gold rate for 10 grams | ₹1,31,790 |
Today’s price of 24 karat gold per gram in Gujarat
Most people buy 24 karat gold to invest in gold. Before you put your hard-earned money in it, it is a wise step to compare the 24K gold rate per gram in Gujarat.
Today’s latest 24 karat gold price – Ahmedabad
| Gold rate for 1 gram | ₹ 14,366 |
| Gold rate for 10 grams | ₹ 1,43,660 |
Silver price per kg in Gujarat today
You already know that silver is a more affordable metal than gold. It is considered a great investment option and is also great for gifting in India. It is versatile and easily accessible in coin and bar form, ranging from 10 grams of silver price in India to 1 kg.
For those interested in investing in silver coins, bars, jewelry or ornaments in India, it is important to be aware of the current silver price in India and stay informed about the buying and selling conditions.
Today’s latest silver price – Ahmedabad
| Silver rate for 1 gram | ₹ 295.1 |
| Silver rate for 1 kg | ₹ 2,95,100 |
- 10 ગ્રામ સોનાનો ભાવ 1,31,790 ₹ (22 કેરેટ)
- 10 ગ્રામ સોનાનો ભાવ 1,43,660 ₹ (24 કેરેટ)
- 1 કિલો ચાંદીનો ભાવ 2,95,100 ₹
What is the current trend in gold and silver prices in Gujarat?
Gold and silver hold a special place in Gujarat, with a constant demand throughout the year. This demand increases especially during the wedding season. To make well-informed decisions when buying or selling gold or silver in Gujarat, it is essential to stay updated on current market trends. Analyzing the latest prices of gold and silver in Gujarat can provide valuable insights for both investors and buyers.
There are many factors responsible for the price of gold and silver in Gujarat, which are as follows.
Demand and Supply: The main reason for the change in gold prices in Gujarat is the constant fluctuation in demand and supply.
US Dollar: The value of the US Dollar significantly affects the current gold price of 22 carat gold in Gujarat. The value of the Dollar is influenced by geopolitical events and economic changes.
Margin: Local jewelers in Gujarat usually add a certain margin on the imported price of gold, which affects the final price. Higher margins increase the price of gold.
Interest rate: The interest rate of gold loans also plays an important role in determining the price of gold in Gujarat. Changes in interest rates can lead to an increase in the purchase or sale of gold.
Evaluate gold price in Gujarat with purity and karat system
Gold valuation should be in your mind while determining the true value of gold based on the current market price. Here are two formulas that can help you evaluate gold prices in Gujarat:
- Purity Method (Percentage): Gold Value = (Gold Purity x Weight x Gold Rate) / 24
- Karat method: Gold value = (Purity of gold x weight x gold rate) / 100
This method is also helpful when applying for a gold loan in Gujarat.
