Gold Price Today:- As the festive season unfolds in India, the demand for gold is naturally rising, and along with it, the prices are also seeing an upward trend. With major festivals like Diwali just around the corner, the gold market is heating up. As of today, the price of 22-carat gold stands at ₹72,507 per 10 grams, while 24-carat gold has surged to ₹79,140 per 10 grams. According to experts, this upward trajectory in prices is likely to continue.
Festive Season Gold and Silver Purchases
Purchasing gold and silver during Diwali is a long-standing tradition in India. Festivals like Karwa Chauth, Dhanteras, and Diwali typically lead to a spike in gold demand. In line with this, gold prices have once again increased. For those planning to buy gold ahead of Karwa Chauth or Diwali, it’s important to note that prices are likely to climb further.
Buying Gold During Diwali Season – A Sign of Good Fortune
In India, buying gold during festivals is considered auspicious, especially during occasions like Diwali, Dhanteras, and Karwa Chauth. On Karwa Chauth, wives observe a fast, praying for the long life of their husbands, and buying gold on this occasion is often part of the tradition. This year, even before Karwa Chauth, gold prices have seen a slight rise, making it more valuable for buyers.
Gold Price Trends in Diwali 2024: What You Need to Know
Gold prices for 22 and 24-carat variants are seeing a steady increase as we move closer to Diwali. In key cities of Uttar Pradesh, the prices are as follows: 22-carat gold is priced at ₹72,560 per 10 grams, and 24-carat gold is at ₹79,140 per 10 grams. Compared to the previous few days, there has been a minor rise. Yesterday, 22-carat gold was priced at ₹72,550, and 24-carat gold stood at ₹79,130 per 10 grams. With festive demand growing, prices are slowly increasing.
Gold Prices in Ghaziabad and Kanpur
Gold prices slightly vary between cities. For example, in Uttar Pradesh’s key cities like Ghaziabad, the price for 22-carat gold is ₹72,507 per 10 grams, and for 24-carat gold, it is ₹79,140 per 10 grams. In Kanpur, the rates are nearly identical, indicating stability in gold prices across the state.
Silver Prices in Lucknow
Alongside gold, silver prices have also seen a small uptick in Lucknow. The price of silver today stands at ₹99,100 per kilogram, which is ₹100 higher than the previous day’s price of ₹99,000 per kilogram. Experts believe silver prices may rise further in the coming days.
Gold Prices Surge Ahead of Diwali
As the festive season continues, both gold and silver prices are expected to increase. Experts suggest that due to heightened demand in the international markets, gold prices may remain high, particularly until Diwali. This makes it essential for buyers to stay updated on the latest prices.
Gold Pricing and Additional Charges
It is important to remember that the gold and silver prices mentioned in various reports do not include local taxes like GST (Goods and Services Tax) and TCS (Tax Collected at Source). Therefore, the actual prices at your local jeweler may be slightly higher. For an accurate rate, it is always advisable to consult with your local jeweler, who can provide the final price including all applicable charges. As the festive season progresses, buying gold remains a cherished tradition, and prices are expected to keep rising as Karwa Chauth and Diwali approach.
If you are planning to purchase gold during the upcoming festivals, it is advisable to make your purchases according to your budget, as prices are projected to continue rising in the coming days. Make sure to keep an eye on the market for the best time to buy.
Gold Price Today in Jaipur
The demand for gold in Jaipur, especially during the festive season, is on the rise, leading to fluctuations in its price. Jaipur, being a major city in Rajasthan, sees high gold purchases, particularly for traditional events and festivals like Karwa Chauth, Dhanteras, and Diwali. Let’s take a closer look at the current gold prices in Jaipur and Rajasthan, with updates for both 22-carat and 24-carat gold.
Gold Price Today in Mansarovar, Jaipur (22-Carat and 24-Carat)
Mansarovar is one of the prominent areas in Jaipur, and gold purchases in this region surge around festival times. As of today, the price of 22-carat gold in Mansarovar, Jaipur is approximately ₹72,500 per 10 grams, while the 24-carat gold price is around ₹79,100 per 10 grams. Buyers are advised to keep an eye on the daily price movements as demand may push prices higher.
22-Carat Gold Price Today in Jaipur
The 22-carat gold price in Jaipur is witnessing a gradual increase as festivals like Diwali approach. Today, the price for 22K gold stands at ₹72,500 per 10 grams. This purity level of gold, known for its durability and affordability, is the most popular choice for making traditional jewelry in Rajasthan.
24-Carat Gold Price Today in Jaipur
For those who prefer the purest form of gold, 24-carat gold, the price today in Jaipur is ₹79,100 per 10 grams. This variant is often chosen for investment purposes, such as gold coins and bars. As 24K gold is 99.9% pure, its price is always higher than 22-carat gold.
Gold Price Trends in Rajasthan (22K and 24K)
Across Rajasthan, the demand for gold is growing steadily, especially in cities like Jaipur, Jodhpur, Udaipur, and Ajmer. The 22K gold price in Rajasthan is approximately ₹72,500 per 10 grams, while the 24K gold price stands at ₹79,100 per 10 grams. Prices remain consistent across most cities in the state with slight variations depending on local market conditions.
22K Gold Price in Jaipur: What Influences the Rate?
The price of 22-carat gold in Jaipur is determined by multiple factors:
- International Gold Rates: Global demand, especially in countries like the US and China, influences India’s gold market. When international prices rise, so do local prices.
- Festive Season Demand: Gold is integral to Indian culture, particularly during festivals. As we approach Diwali and Dhanteras, the rise in demand causes an increase in gold prices.
- Import Duties and Taxes: Import duties, GST, and other local taxes play a crucial role in the final pricing. Jaipur’s local jewelers may include additional charges for making and other costs, impacting the final purchase price.
Gold Price Today Near Mansarovar, Jaipur
For buyers specifically in Mansarovar and nearby regions, the 22K gold price is ₹72,500 per 10 grams, and 24K gold is ₹79,100 per 10 grams. These prices are indicative and may vary slightly based on individual jeweler policies and any additional taxes or making charges applied.
Conclusion: Is It a Good Time to Buy Gold in Jaipur?
With gold prices experiencing a steady rise, especially during the festive season, it’s essential to stay updated with daily price trends. Whether you’re buying gold for an auspicious occasion or as an investment, keeping an eye on the market fluctuations in Jaipur and across Rajasthan will help you make a more informed decision.
For residents in Jaipur, particularly around Mansarovar, the current prices offer a chance to buy before any further hikes. However, it’s always a good idea to compare rates from different jewelers and factor in making charges before purchasing.
Here are some frequently asked questions (FAQs) related to Gold Prices Today in Jaipur
1. What is the price of 22-carat gold in Jaipur today?
The price of 22-carat gold in Jaipur today is approximately ₹72,500 per 10 grams. However, prices may vary slightly depending on the specific jeweler and market conditions.
2. What is the price of 24-carat gold in Jaipur today?
The price of 24-carat gold in Jaipur today is around ₹79,100 per 10 grams. As 24-carat gold is purer than 22-carat, it tends to be priced higher.
3. What factors influence the gold price in Jaipur?
- Gold prices in Jaipur are influenced by several factors, including:
- International market trends and gold rates
- Demand during the festive season (such as Diwali, Dhanteras, Karwa Chauth)
- Currency fluctuations (like the value of the Indian Rupee against the US Dollar)
- Import duties and local taxes
- Inflation rates and market sentiments
4. Is there a difference in gold prices in different parts of Jaipur?
Gold prices in Jaipur, including areas like Mansarovar, are generally consistent across the city. However, slight variations may occur due to individual jeweler charges, making fees, and local taxes.
5. What is the difference between 22-carat and 24-carat gold?
- 22-carat gold contains 91.6% pure gold and is often used for making jewelry due to its durability.
- 24-carat gold is 99.9% pure and is primarily used for investment purposes, such as in gold coins or bars. It is softer and more prone to bending than 22-carat gold, which makes it less suitable for making jewelry.
6. Is 22-carat gold a good choice for jewelry?
Yes, 22-carat gold is commonly used for jewelry in India as it balances purity and durability. It’s less likely to bend or scratch compared to 24-carat gold, making it ideal for daily wear and traditional ornaments.
7. Why is 24-carat gold more expensive than 22-carat gold?
24-carat gold is purer, containing 99.9% gold, which makes it more valuable. Since 22-carat gold is only 91.6% pure, the price is lower due to the presence of other metals mixed with it.
8. Can I buy gold online in Jaipur?
Yes, many reputed jewelers in Jaipur offer the option to purchase gold online. Ensure you check for authenticity, hallmarks, and return policies before making an online purchase.
9. Is there any GST on gold purchases in Jaipur?
Yes, a 3% GST (Goods and Services Tax) is applicable on the purchase of gold across India, including Jaipur. Additionally, a 5% GST is levied on making charges for gold jewelry.
10. Should I buy gold during the festive season?
In India, buying gold during festivals like Diwali and Dhanteras is considered auspicious. However, due to high demand during these times, prices may rise. It’s advisable to track prices regularly and buy when the rates are favorable.
11. How can I track daily gold prices in Jaipur?
You can track daily gold prices in Jaipur by checking updates from local jewelers, financial news websites, or apps that provide live gold rates. Many jewelers also display daily gold rates in their stores or on their websites.
12. How much gold can I buy without providing PAN or Aadhaar details?
According to the regulations in India, you can purchase gold up to ₹2 lakhs without providing your PAN or Aadhaar details. For purchases exceeding this amount, you are required to provide these documents for verification.
13. Will gold prices continue to rise during the festive season?
It is likely that gold prices will see an upward trend during the festive season due to increased demand. However, market conditions, international trends, and other economic factors can also influence the pricing.
14. Where can I check the most accurate gold prices in Jaipur?
For the most accurate and updated gold prices, it’s best to check with local jewelers in Jaipur or visit trusted financial websites that track daily rates. Popular jewelers may also post real-time prices online or through their social media channels.
15. Why are making charges added to gold prices?
Making charges are the fees that jewelers charge for crafting the gold into jewelry. These charges can vary depending on the complexity of the design and the jeweler. It’s important to compare making charges when purchasing gold jewelry.