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Gold Rate in Chandigarh (26th November 2020)

Nov 26, 2020
4,790 /Gram(22ct) 1

Chandigarh is the capital city of the northern Indian states of Punjab and Haryana. It is always important to check the gold rates in Chandigarh, before you buy gold. This would prevent you prevent you from making losses in the future.

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

Gram 22 Carat Gold
Today
22 Carat Gold
Yesterday
Daily Price Change
1 gram 4,790 4,789 1
8 gram 38,320 38,312 8
10 gram 47,900 47,890 10
100 gram 4,79,000 4,78,900 100

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

Gram 24 Carat Gold
Today
24 Carat Gold
Yesterday
Daily Price Change
1 gram 5,175 5,174 1
8 gram 41,400 41,392 8
10 gram 51,750 51,740 10
100 gram 5,17,500 5,17,400 100

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

Date 22 Carat 24 Carat
Nov 26, 2020 47,900 10 51,750 10
Nov 25, 2020 47,890 -740 51,740 -590
Nov 24, 2020 48,630 10 52,330 10
Nov 23, 2020 48,620 10 52,320 10
Nov 22, 2020 48,610 10 52,310 10
Nov 21, 2020 48,600 -720 52,300 -420
Nov 20, 2020 49,320 10 52,720 10
Nov 19, 2020 49,310 10 52,710 10
Nov 18, 2020 49,300 -910 52,700 -570
Nov 17, 2020 50,210 10 53,270 10

Weekly & Monthly Graph of Gold Price in Chandigarh

Historical Price of Gold Rate in Chandigarh

  • Gold Price Movement in Chandigarh, October 2020
  • Gold Rates 22 Carat 24 Carat
    1 st October rate Rs.47,900 Rs.50,700
    31st October rate Rs.49,400 Rs.52,290
    Highest rate in October Rs.50,000 on October 21 Rs.54,020 on October 21
    Lowest rate in October Rs.47,900 on October 1 Rs.50,700 on October 1
    Over all performance Rising Rising
    % Change +3.13% +3.14%
  • Gold Price Movement in Chandigarh, September 2020
  • Gold Price Movement in Chandigarh, August 2020
  • Gold Price Movement in Chandigarh, July 2020
  • Gold Price Movement in Chandigarh, June 2020
  • Gold Price Movement in Chandigarh, May 2020
  • Gold Price Movement in Chandigarh, April 2020

Demand for gold in Chandigarh

The city of Chandigarh has always seen a good demand for gold.

In fact, the city has seen many long term investors buyig into the precious metal on declines. Over the years investors have been gradually changing their strategy and moving from gold to gold ETFs. This is because of the various benefits of these gold ETF instruments, including easy liquidity and ability to sell quickly. If you are planning to buy gold in the city, do check the live prices of Gold in Chandigarh today before buying. Chances are that you would get a better deal and hence, you could keep buying at lower levels. In fact, we believe that every opportunity  we see of a decline of gold prices in Chandigarh, we should use it as an opportunity to buy. You can buy in small quantities to make the best use of lower prices.

What else to check before buying gold in Chandigarh?

To begin with to some extent you must keep an eye on the reputation of the jeweller. This is because you do not want to get duped when buying the precious metal. Today gold rates in Chandigarh are not at the same rates they were once upon a time. They have become horribly expensive over the last few years and we cannot afford to be lax when it come to this investment. There are various options to buy gold in Chandigarh, including the tried and tested gold coins. These include 1 grams 5 grams, 10 grams and also 50 grams. Do again go and check and buy from a jeweller, who has been your family jeweller for long.

Why gold prices in Chandigarh move?

There are many reasons how gold prices move. These days demand for gold is not a big reason for changes in gold rates. Among the bigger reasons for gold prices to move higher include interest rate and inflation. Take the simple case of interest rates. The US Federal Reserve recently raised the interest rates in the United States, which has prompted a sharp drop in gold rates across the world and gold rates in Chandigarh have also fallen. So, it is a whole host of factors that tend to move gold prices and not just a single factor in isolation.

Latest Updates on Chandigarh Gold Rates

The gold rates in Chandigarh slips

The gold rates in Chandigarh slipped today despite its climb in the international market amid Pfizer Inc said its experimental Covid-19 vaccine was over 90% effective based on the results of the initial trials.

The precious metal prices in Chandigarh were seen at Rs.49,900/- per 10 grams of 22-carat gold and Rs.53,500/- per 10 grams of 24-carat gold.

Coming to the international market, the spot gold has seen at $1,881.39 per ounce and U.S gold futures have $1,878.70 per ounce.

Gold rose 1% today, after falling sharply in the last session, as attention returned to the likelihood of another monetary stimulus to revive a global economy still reeling from the Covid pandemic -19.

While the optimism of the vaccine increased the risk appetite, uncertainties continued to weigh on the impact of the increase in Covid-19 cases in the United States and Europe.

Record-breaking stimulus aid and lower interest rates helped the metal gain traction during the year. The precious metal acts as a hedge against inflation and currency degradation.

10 November 2020
Gold prices in Chandigarh reduces

Gold prices in Chandigarh reduced today following cues in international markets amid positive employment data in the United States, which has raised hope for the global economy to recover.

Gold prices in Chandigarh were recorded at Rs.54,350/- for 10 grams of 22-carat gold and Rs.57,000/- for 10 grams of 24-carat gold.

In overseas markets, spot gold was traded at $ 2,043.10 per ounce and U.S gold futures were at $ 2,028 per ounce.

America's jobs report for July had halted the growth of the yellow metal which in turn bolstered the dollar to rally, but the rampant rise in pandemic cases limited the drop in precious metal prices.

Non-farm payroll data from the United States showed an increase of 1.763 million in July from the record expansion of 4.791 million for June, beating analysts' expectations amid rising virus cases.

Gold, which serves as a safe haven, has gained more than 34% since the outbreak of the coronavirus pandemic which destroyed the global economy to the worst possible extent, creating unemployment and weighing on human life ordinary.

8 August 2020
The price of gold in Chandigarh slips

The price of gold in Chandigarh slipped today despite its fell in the world market amid a weaker dollar. On the national market, the prices of yellow metal in Chandigarh were seen trading at Rs.45,340/- for 10 grams of 22-carat gold and Rs.47,400/- for 10 grams of 24-carat gold. On the world market, spot gold rose 0.1% to $1,709.83 an ounce and U.S gold futures rose 0.2% to $1,725.20 an ounce. The dollar slipped after hitting a two-week low in the previous session as a slowdown in the spread of coronaviruses and moves toward reopening of the economies supported investor sentiment before the big central bank meeting. Asian stocks rose for a third consecutive session and oil prices surged in the hope that demand will pick up as countries seek to loosen restrictions, eyes on Fed policy statement expected later in the day. The Fed lowered interest rates, resumed bond purchases and supported the credit markets.

29 April 2020
The Gold prices in Chandigarh moves up

Gold rates in Chandigarh inched down despite gained in the overseas market amid a stronger dollar. On the domestic market, precious metal prices were trading at Rs.38,850/- for 10 grams of 22-carat gold and Rs.41,350/- for 10 grams of 24-carat gold. On the foreign market, spot gold saw its trade increase by 0.1% to reach $1,568.76 an ounce and the U.S gold futures have constant at $1,570.70. However, China's decision to cut tariffs on certain US imports which boosted global stock markets in the previous session weighed on bullion prices.

The dollar was on track for its best weekly gain since early November, amid optimistic economic indicators ahead of data on the non-farm payroll in the United States. In the United States, weekly jobless claims hit a nine-month low, with the number of Americans claiming unemployment benefits falling to 202,000 last week, while productivity rebounded in the fourth quarter.

7 February 2020
The gold rates in Chandigarh steady

The gold rates in Chandigarh remained stable today despite gained in the bullion market amidst trade talks between the U.S and China. In the national market, the yellow metal prices in Chandigarh were unchanged at Rs.36,150/- per 10 grams of 22-carats gold and Rs.38,150/- per 10 grams of 24- carats gold. In the global market, spot gold has inched 0.2% to $1,487.20 per ounce and U.S gold futures have also gained 0.2% to $1,490.30.

In the final part of the Brexit process, the parliamentary battle of British Prime Minister Boris Johnson resumes, when lawmakers debate and vote on the draft law on withdrawals, the detailed bill that lists his exit agreement in the law. Markets gained overnight on Wall Street, with the S & P 500 benchmark index approaching a record-breaking of progress in US-China trade negotiations.

Investors are waiting for a meeting of the US Federal Reserve at the end of the month, which could offer new signs of monetary easing.

22 October 2019
The gold rate in Chandigarh stands flat

The gold prices in Chandigarh remained constant despite hiked in the international market amidst trade escalations between U.S- China. The yellow metal prices in Chandigarh were seen trading at Rs.36,900/- per 10 grams of 22-carat gold and Rs.39,250/- per 10 grams of 24-carat gold.

In the overseas market, spot gold has gained 1% to $1,541.30 per ounce and the U.S gold futures have risen 0.9% at $1,551.80 an ounce. The dollar index which measures the dollar is low against a basket of six major traded currencies. The lower bond yields and a weaker dollar have boosted the precious metal prices to six years peak high in the bullion market due to trade escalations between the worlds two biggest economies.

Gold picked up some of the previous gains as traders locked their gains and also investors followed the Group of Seven summit, where Trump said he may have thought about the tariffs.

26 August 2019
Gold rates in Chandigarh remain constant

The gold price in Chandigarh stood flat today despite a rise in the international market. The gold rates in Chandigarh was trading at Rs.30,500/- per 10 grams for 22-carat gold and Rs.31,900/- per 10 grams for 24-carat gold. Spot gold was up 0.2 per cent at $1,282.50 per ounce and U.S gold futures were unchanged at $1,283.90 an ounce. The US-China trade war situation resulted in global growth disruption and developing nations fear to face a slowdown, though such concerns have now receded. The central banks across the world are likely to ramp up liquidity, there can be a chance that interest rate will be cut further or held steady, and this will augur well for the precious yellow metal, providing support to its international price. In the local market, investors are utilizing Akshaya Tritiya Offers in jewellery shops to buy more gold on this festival occasion.

7 May 2019
Gold rates steady in Chandigarh

The yellow metal price is steady in Chandigarh on Tuesday following global cues amid the rise in the United States Treasury yields which helped the dollar to gain further. The U.S dollar trading close to a basket of six major currencies. Today the precious metal price in Chandigarh seen at Rs.32,220/- per 10 grams for 22-carat gold and Rs.33,220/- per 10 grams for 24-carat gold. The global economic growth slowing prompted the central banks to turn more dovish on monetary policies. According to the bullion prices, the world's largest gold-backed exchange -traded fund fell 0.76 percent on Monday. The gold rates in Chandigarh mainly depends on the season like festivals, marriages and occasions. There is a good demand for gold in Chandigarh, Amritsar, Patiala, Jalandhar and Ludhiana because of their richest culture.

5 March 2019
Gold Rates marginally higher in Chandigarh

People in Chandigarh prefer buying gold for any occasion and also as a part of investment. Gold is bought mainly as Jewellery and also as a safety for their future. Gold also doesn’t have a depreciating value, making it a very safe investment. Investing in gold is worth it as it is a hedge against inflation.

Earlier, the precious yellow metal price in the global market today were higher as compared to the previous session. Before 22 karats price gold was trading at Rs.27,700 and Rs.30,218 for 24 karats. The highest gold price from the last 15 days was at Rs.27,900 for 22 karats and Rs.30,436 for 24 karats. The lowest price was placed at Rs.27,500 for 22 karats and Rs.30,000 for 24 karats.

Spot gold price in Chandigarh at the local gold shops was up to 0.1 percent at Rs.27,700 per gram. Current gold rates in Chandigarh were Rs.27,750 for 22 karats and Rs.30,272 for 24 karats.

21 December 2017
Yellow metal rates rise in Chandigarh

Gold rate in Chandigarh is continuously varying according to the demand. Gold price today in Chandigarh can be procured directly from the dealers of this precious metal or through the many financial websites available online.

Cues from the international market the gold rates in Chandigarh rose due to the dollar was small changed after tumbling in the previous session.From the last two months, the overall performance of gold rates in Chandigarh was fallen to 1.91 percent.

In international market Spot gold was up 0.15 percent at $1,257.11 an ounce. In Domestic market spot gold price in Chandigarh local gold shops was up to 0.15 percent at Rs.27,500 per gram.Multi Commodity Exchange also saw an opening by Rs.183. Current gold rates in Chandigarh was up at Rs. 27,550 for 22 karats and Rs.30,054 for 24 karats.

14 December 2017

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.

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