Gold Rate in Davanagere (4th February 2023)

Feb 4, 2023

5,315 /Gram(22ct) -50

Gold rates in Davangere are fixed by the local jewellers association, which in turn takes cues from the domestic markets, which in turn take cues from the global markets. Gold prices in Davangere have been more or less exhibiting a firm trend over the last few weeks. 22K karats and 24 karats gold have move largely in line, though demand for 22 karats gold in Davangere has always been a little more.

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

Gram	22K Today	22K Yesterday	Price Change
1 gram	5,315	5,365	-50
8 gram	42,520	42,920	-400
10 gram	53,150	53,650	-500
100 gram	5,31,500	5,36,500	-5,000

Check silver rate in Davanagere

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

Gram	24K Today	24K Yesterday	Price Change
1 gram	5,798	5,851	-53
8 gram	46,384	46,808	-424
10 gram	57,980	58,510	-530
100 gram	5,79,800	5,85,100	-5,300

* The above gold rates are indicative and do not include GST, TCS and other levies. For the exact rates contact your local jeweller.

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

Date	22K	24K
Feb 3, 2023	53,150 ( -500 )	57,980 ( -530 )
Feb 2, 2023	53,650 ( 600 )	58,510 ( 640 )
Feb 1, 2023	53,050 ( 500 )	57,870 ( 540 )
Jan 31, 2023	52,550 ( -150 )	57,330 ( -160 )
Jan 30, 2023	52,700 ( 0 )	57,490 ( 0 )
Jan 29, 2023	52,700 ( 0 )	57,490 ( 0 )
Jan 28, 2023	52,700 ( 150 )	57,490 ( 170 )
Jan 27, 2023	52,550 ( -600 )	57,320 ( -660 )
Jan 26, 2023	53,150 ( 400 )	57,980 ( 430 )
Jan 25, 2023	52,750 ( 0 )	57,550 ( 0 )

Compare Average Gold Rate in Davanagere for 22K & 24K (10gm)

Term	22K	24K
10 Days	52,895	57,701
20 Days	52,588	57,372
30 Days	52,214	56,961
60 Days	51,139	55,786
90 Days	50,253	54,819
180 Days	48,588	53,004
1 Year	48,013	52,378
2 Years	46,174	50,372
3 Years	45,820	49,976
4 Years	43,073	46,953
5 Years	40,559	44,166
6 Years	38,538	41,957
7 Years	37,308	40,546

Weekly & Monthly Graph of Gold Price in Davanagere

Historical Price of Gold Rate in Davanagere

Gold Price Movement in Davanagere, January 2023

Gold Rates	22K	24K
1 ^st January rate	50,650	55,250
31^st January rate	52,550	57,330
Highest rate in January	53,150 on January 26	57,980 on January 26
Lowest rate in January	50,500 on January 2	55,100 on January 2
Over all performance	Rising	Rising
% Change	+3.75%	+3.76%

Gold Price Movement in Davanagere, December 2022

Gold Price Movement in Davanagere, November 2022

Gold Price Movement in Davanagere, October 2022

Gold Price Movement in Davanagere, September 2022

Gold Price Movement in Davanagere, August 2022

Gold Price Movement in Davanagere, July 2022

Gold Rates	22K	24K
1 ^st December rate	48,800	53,230
31^st December rate	50,650	55,250
Highest rate in December	50,650 on December 31	55,250 on December 31
Lowest rate in December	48,800 on December 1	53,230 on December 1
Over all performance	Rising	Rising
% Change	+3.79%	+3.79%

Gold Rates	22K	24K
1 ^st November rate	48,550	52,970
30^th November rate	48,600	53,020
Highest rate in November	48,800 on November 17	53,230 on November 17
Lowest rate in November	46,150 on November 4	50,340 on November 4
Over all performance	Rising	Rising
% Change	+0.10%	+0.09%

Gold Rates	22K	24K
1 ^st October rate	46,550	50,780
31^st October rate	46,650	50,910
Highest rate in October	47,900 on October 5	52,250 on October 5
Lowest rate in October	46,250 on October 15	50,450 on October 15
Over all performance	Rising	Rising
% Change	+0.21%	+0.26%

Gold Rates	22K	24K
1 ^st September rate	46,550	50,780
30^th September rate	46,700	50,950
Highest rate in September	46,950 on September 6	51,200 on September 6
Lowest rate in September	45,850 on September 16	50,020 on September 16
Over all performance	Rising	Rising
% Change	+0.32%	+0.33%

Gold Rates	22K	24K
1 ^st August rate	47,150	51,430
31^st August rate	47,050	51,320
Highest rate in August	48,200 on August 2	52,580 on August 2
Lowest rate in August	47,050 on August 31	51,320 on August 31
Over all performance	Falling	Falling
% Change	-0.21%	-0.21%

Gold Rates	22K	24K
1 ^st July rate	47,900	52,250
31^st July rate	47,250	51,540
Highest rate in July	48,130 on July 2	52,500 on July 2
Lowest rate in July	46,070 on July 21	50,250 on July 21
Over all performance	Falling	Falling
% Change	-1.36%	-1.36%

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How to check for purity of gold in Davangere?

There are various ways to check for the purity of gold in Davangere. There are many jewellery shops in the city, where you can do the checking. There are also gold essaying centres. However, the problem with the gold essaying centres is that there would be very few in the city. It is, therefore, a better idea to check with the local jewellers. Apart from this, one also needs to check gold rates in Davangere, before buying into the precious metal. These days it is extremely hard to get accurate prices of gold as jewellers could defer in their pricing. It is therefore paramount to check with a number of them before buying. We would suggest that investors also go online to check. Having said that, it is hard not to find any variation in prices. We would suggest that investors look to buy only after prices have declined.

916 Hallmarked Gold Price in Davanagere

Nowadays, when we purchase jewellery or gold ornaments, we get to hear a 916 gold rate. The term 916 Hallmarked Gold represents the percentage of gold as a metal present in jewellery. An ornament or gold with a 916 hallmark represents that it is made of 91.6% pure gold and the remaining part will be made using other metals or alloys. 916 is the finest of gold jewellery. 91.6 marked ornaments will have 91.6 grams of pure gold in 100 grams of alloy. Gold is very soft and requires the addition of other alloys to add strength.

18 karats gold rates will be less when compared with the 22 karats. The reason is that the 18 karats gold will have only 75 per cent pure gold in it, the rest will be a composition of alloys.

Today, most of the jewellers in Davanagere sell 916 hallmarked gold. It is safe to check and purchase the hallmarked gold in Davanagere. As this will ascertain the purity of the gold that the purchaser is buying. The growing cases of getting cheated while purchasing precious metals can be avoided if one checks out for several factors like the purity of the metal, hallmark, gold rate Davangere today, wastage charges, making charges and so on.

Using a 100% pure form of gold, delicate craftsmanship is not possible. But 916 gold is a good bet for making intricate jewellery. 22 Karat gold is considered the best quality of gold purity for making ornaments and jewellery.

Davanagere is the seventh-largest city in the state of Karnataka. Located in the centre of the southern Indian state of Karnataka is a popular cotton hub and hence it is popularly referred to as the Manchester of Karnataka. The city was earlier known as a hub of commercial ventures.

Things to Check before investing in Gold in Davanagere

The obsession for gold amongst Indians will never die. The country holds the second position on the globe in terms of consumption of yellow metal. But before the purchase of the precious metal, one must carefully check the list of factors and they are as follows:

Timing of Purchase

The timing of the purchase of gold will depend on how much the jewellery could cost. It is best to go for gold purchases when the prices decline as against a period when the prices and demand are high. One will end up paying more as opposed to buying during the off-season. Look out for additional offers that some of the jewellery houses offer from time to time to grab the best deal.

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.