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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

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
    31st 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

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.

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