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Gold Rate in Jaipur (26th May 2017)

Jaipur is the capital of Rajasthan and one of the biggest cities in the state. The city has always seen a huge demand for gold. In fact, people from the state have always had a fascination for gold and similar ornaments. Gold rates in Jaipur have moved in tandem with global gold rates.

Gold rates in the city more or less compare with other cities around the country. However, the price is marginally higher or lower, when compared to other cities in the western parts of India, including Mumbai and Pune.

Today 22 Carat Gold Price Per Gram in Jaipur (INR)

Gram 22 Carat Gold
22 Carat Gold
Daily Price Change
1 gram ₹ 2,750 ₹ 2,770 ₹ -20
8 gram ₹ 22,000 ₹ 22,160 ₹ -160
10 gram ₹ 27,500 ₹ 27,700 ₹ -200
100 gram ₹ 2,75,000 ₹ 2,77,000 ₹ -2,000

Today 24 Carat Gold Rate Per Gram in Jaipur (INR)

Gram 24 Carat Gold
24 Carat Gold
Daily Price Change
1 gram ₹ 3,000 ₹ 3,021.80 ₹ -21.80
8 gram ₹ 24,000 ₹ 24,174.40 ₹ -174.40
10 gram ₹ 30,000 ₹ 30,218 ₹ -218
100 gram ₹ 3,00,000 ₹ 3,02,180 ₹ -2,180

Gold Rate in Jaipur for Last 10 Days (10 g)

Date 22 Carat 24 Carat
May 25, 2017 ₹ 27,500 ₹ 30,000
May 24, 2017 ₹ 27,700 ₹ 30,218
May 23, 2017 ₹ 27,700 ₹ 30,218
May 22, 2017 ₹ 27,450 ₹ 30,065
May 20, 2017 ₹ 27,600 ₹ 30,100
May 19, 2017 ₹ 27,500 ₹ 30,000
May 18, 2017 ₹ 27,500 ₹ 30,000
May 17, 2017 ₹ 26,920 ₹ 29,367
May 16, 2017 ₹ 26,900 ₹ 29,345
May 15, 2017 ₹ 26,900 ₹ 29,345

Weekly & Monthly Graph of Gold Price in Jaipur

Historical Price of Gold Rate in Jaipur

  • Gold Price Movement in Jaipur, April 2017
  • Gold Rates 22 Carat 24 Carat
    1 st April rate Rs.27,640 Rs.29,540
    30th April rate Rs.27,805 Rs.30,337
    Highest rate in April Rs.29,505 on April 14 Rs.32,187 on April 14
    Lowest rate in April Rs.27,600 on April 10 Rs.28,360 on April 10
    Over all performance Rising Rising
    % Change +0.60% +2.70%
  • Gold Price Movement in Jaipur, March 2017
  • Gold Price Movement in Jaipur, February 2017
  • Gold Price Movement in Jaipur, January 2017
  • Gold Price Movement in Jaipur, December 2016
  • Gold Price Movement in Jaipur, November 2016

How gold prices in Jaipur move?

Gold prices in Jaipur move in tandem with international prices of gold. This is because India imports all of its gold requirements, which are sourced at international prices. So, it is international prices of gold and add to that import and other duties and exchange rate fluctuation.

One important thing to note is that currency fluctuations can have a big impact on gold rates in Jaipur. For example, if the rupee is trading at 66 to the dollar and it suddenly jumps to 67 to the dollar, import of gold will become costlier.

What this means is that gold prices in Jaipur will increase.

How to buy gold in Jaipur?

There are various ways to buy gold in Jaipur. Among these include the more traditional methods of buying through gold coins and gold bars. There are also other ways through the electronic form. This includes through Gold Exchange Traded Funds.

There are a few advantages of buying gold in Jaipur using the Gold Exchange Traded Fund Mechanism. One is that these track the prices of gold. So, it is actually the real price of gold. The other is that since they are in electronic form, you do not have to worry about theft. Also, there are no storage charges that are applicable.

So, after checking gold rates in Jaipur, you can pick and choose from a host of gold buying options that are today available.

916 Live Gold rates Jaipur

It is always a good idea to check gold rates in Jaipur, before you buy and sell gold. 916 gold is also called 22 karats gold in jaipur. If you are looking to buy the precious metal in the city, you should look not beyond hallarked gold. there are many important places where you can buy the precious metal in the city. Now one thing that we should mention is that when you buy gold jewelry, look for the amounts that you would end-up paying along with the gems. Charges on adding precious stones can be 4 times higher, which means you are likely to pay very high sums. Go to some recognised jewelry shops that have a very rich tradition and history. As we mentioned there can be a case where you also need to check the purity of gold that you purchase. Remember, that the city is not only famous for gold, but, you can also come back with a lot of silver as well for which the city of Jaipur is famous. Gold prices may vary from jeweler to jeweler. Therefore, it is imperative to check the prices of the precious metal before buying. It also extremely important to take a look at the making charges. If you feel that the making charges are too high, you can negotiate the same. In case you feel that it still there is very little scope for negotiation, you can look at other jewelers in the city, who would offer you some discount.

Where to buy gold in Jaipur?

Jaipur is a delightful place to shop, as the central market is adorned with a lot of shops. You can buy gold at a number of places in Jaipur. For example, the Mirza Ismail Road or M I Road as it is called is a great a place to shop for gold jewellery. Apart from this you also get a lot of readymade garments in the city. The road is very curved and boasts of some very fine ancient architectural shops. It is also a place where many tourists hang-out and is Jaipur's equivalent of Delhi's Connaught Place. However, you must remember tha before buying gold in any of the places in Jaipur you must strike a hard bargain for the best possible rates in  the city. Gold prices in the city may or may not differ, but, you should do your best in terms of getting the best price for gold from your local jeweller. It also becomes imperative that you check the rates with other local jewellers in the city as well.

Options to buy gold in Jaipur

If you thought that the only way to buy gold in Jaipur was through the traditional 22 karats and the 24 karats gold, you are making a big mistake. Today, the city of Jaipur as Dynamic as it is, offers you a plethora of options for buying gold. Among these include the not so popular gold Exchange traded funds or ETFS. The problem in buying gold ETFs is that you should have some expertise and predict where gold prices are headed before you can venture into buying gold. But, if you have never bought into gold ETFs while residing in Jaipur, you should think twice. These are excellent gold investment options. One of the big advantages is that you do not have to worry to worry some thief would come and steal your gold jewellery. So your gold investment is safe unlike physical gold, which can always be stolen. So, look for this option to invest whenever you again. You do not have to worry about visiting the bank everyday to get your gold out of the locker.

Will 2017 be a year for gold?

It is always so very difficult to predict the prices of gold in India. Hence, it would also be difficult to see how gold prices in Jaipur move. If we are tring to hazard a guess on the direction and momentum of the precious metal, we should do so fundamentally. We at good returns believe that gold prices in Jaipur are headed lower and our belief is based on many factors. The first and foremost is that gold has had a solid run in 2016 and its time to move on. Interest rates in the United States is headed lower and we are almost certain that there would be at least a 50 basis points hike in the US Federal Reserve Funds rates, which should push gold prices lower. If you are looking to buy gold in Jaipur, you would have plenty of opportunities. If you get gold for 22 karats in Jaipur at around the Rs 26,000 levels, it would be a good opportunity to grab into the metal. In fact, gold has always given good returns over the longer term and there is no reason to believe why it would not in the years to come. If you are looking to buy gold in Jaipur, you can examine the various options including the popular schemes being offered by the various jewelers in the country. So, we believe that gold prices in 2017 are headed lower, while you can buy and hold for the long term.

Demand for gold in Jaipur

Gold prices in Jaipur today are largely influenced by international developments, particularly how the dollar moves against the Indian rupee. When the rupee keeps dropping against the US dollar, gold prices keep going higher in Jaipur. Recently, the rupee fell from levels of 66 to 67.50, which made gold prices increase. If you are hence buying gold in Jaipur it would be a good idea to watch live gold rates. We provide you with updated gold rates. In the longer term gold has given solid returns to investors. For example, one may remember that in the early 2000s, gold prices were just about Rs 2,000. It has sense rallied to a staggering Rs 26,000. You cannot multiply money 10 times in 15 years. This makes a good bet in Jaipur. If you have the money just go for it, in the long term you will benefit from the same. Gold in Jaipur has and will always give returns if you hold the same for a few years.

Do you know the gold you are buying in jaipur is real?

Jaipur, the largest city in Rajasthan is also the Pink City of india, The demand of gold as a tradable commodity is on the high. Jaipur is home to over 3 million people and these days awareness about gold is increased in Jaipur.

Purity of Gold can be easily determined by hallmark. This is the best and easiest way to find the gold you are buying is real or not. The top and reputed jewelers in Jaipur sell hallmarked jewelery. There will be number of marks on the gold jewellery you are buying, including number of karats the ornament is, date, etc. The most important thing to remember is that you should check the gold prices in Jaipur before you you buy gold jewellery. As you can economic situations are changing dramatically these days so do check gold rates in jaipur everyday on goodreturns.in

What is 22 karats and 24 karats gold in Jaipur?

Karats is a scale on which the purity of gold is measured. Karats gives us the detail of how much of gold is alloyed with other metal. 24 karats gold, means the gold is 99.9 per cent of pure gold. 24 karats is the purest form of gold and it cannot get purer then that.

When it comes to 22 karats the gold is not as pure as 24 karats. 22 karats means that 91.6 per cent is pure and the rest is other metal. We also have 18 karats gold. In which is only 75 per cent is gold and the rest is other metals.

Mostly coins and bars are of 24 karats and jewelry is of 22 karats. Gold is alloyed in order to make jewelry stronger, because gold is soft metal.

There are multiple ways of examining gold. Gold karats can also be determined by looking at its color. 24 karats gold generally will be very bright and alive whereas 22 karats is not so bright. As gold is mixed with various metals it changes into various colors such as rose gold, white gold etc.

Its better to have a good idea about all these things and gold rates in Vadodara before buying gold and for checking gold price in Jaipur one can visit goodreturns.in

Colors of gold in Jaipur

In the Pink city of India, Jaipur, colored gold jewelry is famous which includes yellow Gold, White Gold, Rose Gold and Green Gold. As we know, Gold jewelry is not the purest form of gold and is mixed with other metals depending upon the karats of gold. These colors come with the mixture of other metal with such as silver, copper, zinc, palladium, and nickel.

Common color of gold which is yellow comes with the mixture of pure gold with silver, copper, and zinc.

White gold is a mixture of pure gold with platinum (or palladium), palladium, nickel and zinc. The specialty about white gold is that it is more durable and scratch-resistant than yellow gold.

Rose-gold or pink gold is a mixture of pure gold with copper, and silver. Rose gold comes in many other colors of gold, as to get this color gold is mixed with copper which is not so expensive.

Green gold which is also called Electrum is a mixture of pure gold with silver and copper.

Most Indviduals prefer Yellow gold, and other colors of gold such as White, Green Pink is mostly used in Wedding Rings and Ear Rings etc.

It is advisable whatever color you plan to buy its better check gold price in Jaipur before buying.

Paying tax on gold in Jaipur

It is very Important to pay taxes on any profits you make on gold sale in Jaipur. Not paying tax is not a smart thing to do. Actually, it is foolish and ignorant.

Most Individuals who are ignorant think that tax is a burden and try to avoid it. Even they think that government is harassing them ruthlessly by charging Taxes and thinks that it will be better to be away from the tax department.

Few Individuals will be wondering where all the taxes go. The taxes we pay is for is like our investment for good things government does such as roads, police, courts, etc.

Smart, knowledged and responsible Individuals should develop a proper tax culture and they should motivate and teach the ignorants for making a good and healthy tax culture in India.

When it comes to tax on Gold one should know there are majorly two taxes and which are not applicable to everyone who is holding gold. The two taxes are one is wealth tax and the other is capital gains tax on Gold. Wealth tax is applicable to the one who is having gold which costs more than Rs 30 lakhs and Capital gains tax on those who trades with gold such as making money by selling and buying gold. 

How Gold ETF's in Jaipur are traded?

Firstly, ETF means Exchange Traded Funds. Gold ETF's are run by mutual fund houses normally. These mutual fund houses run these gold ETF's similar to any other mutual funds. They collect all the money from the investors and use that money to buy gold ETFs, which are traded in the electronic form.

In return to the Investors for their money mutual fund companies give holders units in the ETF to the investors. There are few charges for this. The companies charge for management and operating fees.

At prevailing market prices these Gold ETF units can be bought or sold on the stock exchange such as BSE (Bombay stock exchange) and NSE (National Stock Exchange). As you do it on the stock market platform you may need to pay the broker charges as well.

 These charges such as management, operating or brokerage charges will not be there on physical gold but when it comes to selling or buying Gold. It is worth spending, as it will be easy, hassle-free and secured way for investor when compared to trading with physical gold. Even change in gold rates will be monitored by the stock broker. Investors will be informed and will be getting recommendations to sell and buy by the stock brokers.

Pro's and Con's of taking Gold Loan in Jaipur?

Gold is one of the fastest, Safest and easiest method of taking a loan. All you need is the documents to be in place for availing a loan. But still there are few pros and cons gold which you must know before going for a loan in jaipur.

Pros of Gold Loans

When compared to any other loan, gold Loans are secured one. Due to which the interest rates for gold loans are normally low.

While taking a loan by pledging an asset, comparatively it is very easy to take a loan against gold and gold ornaments because it is a movable asset.

Gold loan is a very less time-consuming process and if one is following the gold rates in Jaipur everyday one can accurately expect how many loans they are going to get.

Cons of Gold Loans

Quality and quantity of your gold matters a lot with that if you don't  have any documents which certify the quality and quantity. Almost it is impossible to avail a loan.

One of the painful things while taking a Gold loan is only 75% amount of the actual value of gold you will be getting the loan.

What is approximate price of 24 carat gold coin in Jaipur?

One cannot expect or assume gold rates will remain the same, as gold rates in Jaipur will be changing everyday due to a lot of factors. One day the gold rate in Jaipur changes due to instability of US dollar, the other day due to some monetary decisions taken by the central bank of India.

There are a lot of reasons due to which gold rates in Jaipur changes but there are few reasons which have very big impact on gold prices in Jaipur. First, is currency. The gold rates fluctuate with the fluctuations in the currency of other countries against the rupee. But in opposite direction which means as the other countries currency rates increase gold rates decrease and vice versa. Of all currencies, Dollar affects a lot on the gold rates.

Monetary decisions taken by the central bank. If the central bank takes any monetary decisions such as demonetization it took recently, there will be an affect on gold rates in Jaipur.

Above two are the major one but still there are few other factors which affects such as mining that takes place and even the overall economic and political factors. As the political risks increases there will be higher chances that gold could rally. So one cannot predict or assume gold rates. Better to check for the gold rates on top website such as goodreturns.in to know the accurate price.

Love for Gold in Jaipur?

In Jaipur, Gold is not only a important metal, it is much more than that. From thousands of years lot of kings, emperors and dynasties changed. Many political establishments and conquest happened, but, gold never changed. For all the conditions gold is common medium of exchange.

Individuals from Jaipur have sentimental and fanatical passion for gold, which holds true for many years. According to a survey, India is estimated to hold more than 10,000 tons of gold.

This precious metal is believed to be the symbol of purity, prosperity and good fortune. So Individuals in Jaipur made a habit of buying gold on special occasions like weddings, births, birthdays, celebrate various festivals. The custom of gifting gold in marriages is deeply ingrained in individuals of jaipur.

To the individuals in Jaipur, Gold is ultimate love object. It also acts as a good investment. So ancestral Gold Jewellery is passed from one generation to other generations.

In Jaipur, there is so much of love for gold that it will be sold as a last resort only. If there is any requirement most of the other assets will be liquidated. In the last few decades many another type of savings and investment strategies have come up but gold was the only practical form of savings.

Is investing in gold is bad for the Indian economy?

For people in Jaipur, gold is one of essential thing in their lives. Globally India is the highest consumer of gold. India holds 30% of total gold available in India. Though there is less production but the consumption of gold is very high in India. To meet the rising consumer demand for gold in India, the country is importing tons of gold.

Gold consumption is mostly in the form of jewellery. So many individual investors in Jaipur prefer to invest in physical gold.

High consumption of gold is unproductive for the Indian economy. This brings the problem of increased current account deficit. Our government has to pay big amounts for importing of gold using foreign exchange reserves. In narrowing the current account deficit, high gold imports has become one of the biggest stress points.

Investment of gold are mostly in the form of jewellery and are saved in bank lockers. The same amount of money is invested in some start-up companies in the capital markets. If the money invested in gold is invested in capital markets it can make a huge difference to the productive capacity of Indian economy.

Why gold rate in Jaipur falls?

The are many reasons due to which gold rates in Jaipur falls. Among these include mainly few Global reasons and also few domestic reasons. They are:

1) Gold is emerging as a preferred investment in the asset class, so to take some sheen out of it government and RBI has taken some tough measures to curb gold imports in the past.

 2) This precious yellow metal has an affect on its price moments in Jaipur because of higher domestic gold inventories as well.

3) As gold is considered as lucky metal in Indian tradition, so demand is never going down in rural areas. Millions of individuals in the rural area buy gold as a preferrable asset than any other asset. This demand forces the government to buy gold from foreign countries which affect the indian currency negatively.

If we see globally, neighbouring countries such as China is dumping a huge amount of gold on the market due to which the price of the precious metal is falling drastically.

Dollar-denominated commodities are becoming more costlier, for buyers using weaker currencies such as our Indian currency due to the stronger dollar value. This is pulling down or reducing gold rates in Jaipur.

What are the quality parameters to look before buying gold in Jaipur?

Quality parameters means genuity of the gold you are buying. The quality of gold defines how branded your gold is. The first parameter that one should look for while buying gold is Hallmark. Hallmark is given by BIS (Bureau of Indian Standards). There will be chances that the gold you are buying may not be hallmarked one, so check this before buying gold. Most of the reputed jewelers in Jaipur sell Hallmarked gold.

If in any case, you have gold jewelry which is not hallmarked you can visit the nearest assaying center and get your gold hallmarked. Once your gold is hallmarked your gold become a branded one and in case you want to sell or take a loan against gold. The hallmark on your gold will make things easy. As the buyer or the one who is giving the loan will not need to check the purity of the gold you are having as it is already hallmarked.
So many people come up with a question that what is the difference between pure and impure gold? The answer for this depends on how many karats your gold is. For example, 22 karats gold should be alloyed with 7.4 percent of metal, and the remaining percentage should be gold. If the gold portion is less than 91.6 percent, then it is impure gold. There are situations in Jaipur when customers come up complaining that the gold they are having is Impure.

One more important thing to check before buying gold is gold rates in Jaipur. Gold prices in Jaipur change day to day because of various reasons. So it is as important as checking the hallmark so that you pay or get the perfect price.

Wastage charges in Jaipur?

When you buy 22 karats gold jewelry., the price of the jewelry differs a lot from the present gold price in Jaipur. This is because there are few charges which come into the picture when we buy gold jewelry such as making charges, wastage charges, etc. It is important to know these costs. It is advisable to know these charges from the individual jeweler and go for the one who is providing the lowest costs. For this firstly you should be aware the live gold rates in Jaipur to do the math.

The charges making and waste charges will not be same for all the jewelry. The charges will be different for different jewelry depending upon its making. These days there are many exchange offers are being provided by the jewelers. It is advisable to the individuals in Jaipur to sell their old or ancestral jewelry to make new jewelry from these reputed shops or jewelry merchants as they give offers such as zero making charges and wastage charges.

Once you try to sell jewelry and if it is not hallmarked or if there is no bill then the jewelers test this jeweler to find its purity. For testing, they melt your jewelry. It is advised to go to the jewelers who use computerized testing in which they don't melt your jewelry and will give great offers due to which you can get the satisfactory exchange for your old or ancestral jewelry.


Latest Updates on Jaipur Gold Rates

Gold rates in Jaipur steady; takes cues from Manchester blast

Gold rates in Jaipur managed to sustain due to the weak dollar. There is political uncertainty which has weakened the Dollar against the Euro. There were expectations that the global factors such as blast at the concert in the Manchester may bring some fluctuations in the gold prices but it didn't. Spot gold was rose up by 0.1 percent and was around $1,261.00 per ounce.

Controversies involving the U.S President Donald Trump is increasing the demand for the safe heaven due to which gold rates in Jaipur are slowly growing, if we see in the past one-week gold price in Jaipur increased. 10 grams 22 karats gold prices in Jaipur were trading at 26,900 and now reached 27,450 and 10 grams 24 karats gold rates were trading at 29,350 and now trading at 30,100. The traders are advised to continue their bets on the stocks as gold prices in Jaipur seems to be uncertain.

23 May 2017
Gold Rates in Jaipur to stay flat

Gold Rates in Jaipur to stay flat after a slight uptick yesterday. Spot gold is trading around $1,218.00 per ounce. 22 karats Gold price in Jaipur were trading around 27,000 and 24 karats gold price at 29,500. The chances are high it will stay flat for some more time. The U.S. dollar rate and stocks are firmed. It is advised to continue the investments in stocks as the gold rates in Jaipur may go down further.

Dollar rate is picking up, the weight of which may push down the gold rates. The are few more global tensions which may push the gold rates down. So it is advisable to go for stocks than the precious metal. In short-term, though the gold may fall. In the long term, the gold may pick up. So the investors who want invest in the long term can put their bets on this precious metal as gold will never disappoint in the long term.

11 May 2017
Investors in Jaipur can do better with Gold Bonds

There are multiple benefits of investing in Sovereign Gold Bonds than investing in Physical Gold. So it is advised to the investors in Jaipur to go for Sovereign Gold Bonds. Here are few benefits of going for Sovereign Gold Bonds.

1) We can buy Sovereign Gold Bonds both in the paper as well as Demat format as they are available in both forms.

2) The risk and cost of securing the storage will be eliminated if we are buying gold in other than physical form.

3) You can take a loan against the gold bonds. Normally if you have an ETF. You cannot go for a loan but you can avail a loan against Sovereign Gold Bonds.

4) There is a way to early exit from Sovereign Gold Bonds as these are allowed to be traded on stock exchange. Capital gains tax can be exempted by investing in Sovereign Gold Bonds. You will be getting price for your bonds. As per the gold rates in Jaipur.

8 May 2017
Jaipur gold rates flat

Gold prices in the city of Jaipur were little changed as investors bought heavily ahead of the Christmas season. In the international markets gold was trading at $1133 an ounce, as the dollar firmed-up against a basket of currencies. This had its own impact on the metal and we could see a further fall as prices as the year progresses. However, there is reason to be optimistic that gold prices would someday recover and this is when we should buy into the precious metal. Investors in Jaipur can hold onto the precious metal for a longer term, which should be a good buying opportunity for them. However, if you are a longer term investor, you should buy the metal on declines. Gold in Jaipur has always been a valuable source of investment for people in Rajasthan. So, if you are looking to invest make sure that you buy systematically in small quantities. This way you can also accumulate gold for an important occasion like a marriage.

24 December 2016
Gold prices today in Jaipur hold ground

Gold prices in Jaipur today held steady, or we can say were marginally lower in trade. Gold price in the city managed to stay stable among growing volatility for the metal in the other cities. In fact, gold rates in Jaipur have been extremely volatile throughout the year and we are likely to see that trend continuing in the future. For the current year gold has fetched decent returns in line with most other asset classes like equities and real estate. The demonetization has had some impact on gold prices in Jaipur, though we do not see large scale damage in the more long term. In the international markets the strong dollar has pushed gold prices lower, which have often had to react to the strength in the US greenback.

22 December 2016
Gold rates in Jaipur hold ground

Gold prices in Jaipur managed to stay steady, and were little changed over the Tuesday's levels. Gold for 22 karat managed to hold water, as against the last few weeks, when gold has seen a good collapse in prices.

21 December 2016
Gold rates in Jaipur set to fall

Gold rates in Jaipur are set to fall as investors will sell the precious metal on every fall, after prices declined in the global markets. It has been a sad few weeks for gold, which have been on a constant decline for the last few weeks. Investors have been really disappointed at gold has behaved in the last few weeks. The only hopes that is that gold in Jaipur would rally in 2017. However, it is difficult to know when the downslide would stop. It is always a risk in any investment and gold is no exception.

19 December 2016
An imminent drop in prices

It is almost certain that gold rates on December 15 are likely to see a decline in Jaipur as international prices of the precious metal has dropped. We see gold rates dropping to as low as Rs 26,000 per 10 grams in the city of Jaipur in the coming days. Hence, if you are a buyer in the precious metal it makes sense to buy at lower levels. It is extremely difficult to see how prices would rally in the next few days. In fcat, we suggest that if you are looking to buy into gold, it woud be a good idea to buy later in the month of Jan. Gold is unlikely to go up in a hurry anytime soon, so kepp money ready for the big investment in the precious metal.

15 December 2016
Gold prices firm in Jaipur

Gold prices in Jaipur held steady today, ahead of a key decision by the US Federal Reserve to hike rates. Gold in Jaipur  for 22 karats was trading at Rs 27084, while gold for 24 karats in the city was higher at Rs 28,800 per 10 grams. There has been a constant decline in prices in the last 4 weeks or so of gold rates in the city of Jaipur. Gold has been seeing a constant fall after the election of US President Donald Trump. The reason for the fall in simple: The worries are interest rates will go higher and the dollar will strenghten against a basket of currencies, which should put pressure on gold. Gold prices in Jaipur could even fall well below the Rs 26,000 per 10 grams level, which after that you could go ahead and buy.

14 December 2016
Gold rates Jaipur to fall

Gold rates in Jaipur are all set to fall, as interest rates in US increase. Gold has been on a good run since the start of the year, however, as we end the year, the precious metal has seen some drop. Gold rates inJaipur, which at the start of the year were around the Rs 25,800 mark, were now trading at Rs 27,100.  Demand for the precious metal has somewhat been lower in 2016, as compared to 2017. If you want to buy in gold by small quantities of 10 grams each.

13 December 2016

Disclaimer: The gold rates are sourced from local jewellers in the city. There maybe variance in rates and prices. GoodReturns.in has made every effort to ensure accuracy of information provided; however, Greynium Information Technologies Pvt Ltd, its subsidiaries and associates do not guarantee such accuracy. The rates are for informational purposes only. It is not a solicitation to buy, sell in precious gold. Greynium Information Technologies Pvt Ltd, its subsidiaries, associates do not accept culpability for losses and/or damages arising based on gold information provided.