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.
|Gram||22 Carat Gold
|22 Carat Gold
|Daily Price Change|
|1 gram||₹ 2,820||₹ 2,818||₹ 2|
|8 gram||₹ 22,560||₹ 22,544||₹ 16|
|10 gram||₹ 28,200||₹ 28,180||₹ 20|
|100 gram||₹ 2,82,000||₹ 2,81,800||₹ 200|
|Gram||24 Carat Gold
|24 Carat Gold
|Daily Price Change|
|1 gram||₹ 3,076.30||₹ 3,074.10||₹ 2.20|
|8 gram||₹ 24,610.40||₹ 24,592.80||₹ 17.60|
|10 gram||₹ 30,763||₹ 30,741||₹ 22|
|100 gram||₹ 3,07,630||₹ 3,07,410||₹ 220|
|Date||22 Carat||24 Carat|
|Aug 21, 2017||₹ 28,200||₹ 30,763|
|Aug 19, 2017||₹ 28,180||₹ 30,741|
|Aug 18, 2017||₹ 28,200||₹ 30,763|
|Aug 17, 2017||₹ 28,300||₹ 30,872|
|Aug 16, 2017||₹ 28,900||₹ 31,527|
|Aug 14, 2017||₹ 28,420||₹ 31,003|
|Aug 12, 2017||₹ 28,420||₹ 31,003|
|Aug 11, 2017||₹ 28,400||₹ 30,981|
|Aug 10, 2017||₹ 28,200||₹ 30,763|
|Aug 9, 2017||₹ 27,090||₹ 29,552|
|Gold Rates||22 Carat||24 Carat|
|1 st July rate||Rs.27,800||Rs.30,330|
|31st July rate||Rs.27,900||Rs.30,436|
|Highest rate in July||Rs.29,400 on July 28||Rs.32,070 on July 28|
|Lowest rate in July||Rs.27,300 on July 11||Rs.29,780 on July 11|
|Over all performance||Rising||Rising|
|Gold Rates||22 Carat||24 Carat|
|1 st June rate||Rs.27,700||Rs.30,218|
|30th June rate||Rs.27,700||Rs.30,220|
|Highest rate in June||Rs.28,750 on June 9||Rs.31,363 on June 9|
|Lowest rate in June||Rs.27,200 on June 13||Rs.29,680 on June 13|
|Over all performance||No Change||Rising|
|Gold Rates||22 Carat||24 Carat|
|1 st May rate||Rs.27,801||Rs.30,328|
|31st May rate||Rs.27,850||Rs.30,381|
|Highest rate in May||Rs.27,850 on May 19||Rs.30,381 on May 19|
|Lowest rate in May||Rs.26,900 on May 4||Rs.29,345 on May 4|
|Over all performance||Rising||Rising|
|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|
|Gold Rates||22 Carat||24 Carat|
|1 st March rate||Rs.28,516||Rs.30,373|
|31st March rate||Rs.27,677||Rs.29,534|
|Highest rate in March||Rs.29,070 on March 27||Rs.31,710 on March 27|
|Lowest rate in March||Rs.27,158 on March 16||Rs.29,013 on March 16|
|Over all performance||Falling||Falling|
|Gold Rates||22 Carat||24 Carat|
|1 st February rate||Rs.27,948||Rs.29,804|
|28th February rate||Rs.28,505||Rs.30,363|
|Highest rate in February||Rs.28,628 on February 17||Rs.30,482 on February 17|
|Lowest rate in February||Rs.27,948 on February 1||Rs.29,804 on February 1|
|Over all performance||Rising||Rising|
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.
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.
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.
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.
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.
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.
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.
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
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
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Gold price in Jaipur is set to cross Rs 28,500 today as gold in the global markets traded at good levels today. Gold hit six weeks high after the Fed announced that it is going to keep the interest rate unchanged in its two days f=Fed meeting. Not only gold all the other metals excluding Silver and Platinum also saw some gains. Spot gold advanced 0.2 per cent and traded around $1,260 per ounce. Palladium rose up by 1.05 per cent and traded at $874.60 an ounce. Whereas, silver slipped by 0.05 per cent and was trading at $16.612 per ounce and Platinum is down by 0.12 per cent and was trading at $927.90.
On MCX Gold and silver fell today. Gold is down by 0.16 per cent and was trading at Rs 28,430 and Silver dropped by 0.23 and was trading at Rs 38,176. Gold price in the Jaipur seems to trade steady today as the metal price on the MCX fell, and the Gold in the Global Markets rose.28 July 2017
Gold price in Jaipur is to fall today as the gold in the International Markets fell. Spot gold slipped 0.2 per cent and is trading around $1,252 per ounce and the gold futures in the US for August delivery declined by 0.1 per cent and was trading around $1,253 per ounce. If we see, the gold price in the Jaipur was trading at RS 29,350. The gold price was on an upward trend from past ten days. Due to the political uncertainties in the US and other various reasons such as ECB chief Mario Draghi's comments and up in the other major currencies pulled Dollar down.
Now ahead of the U.S. Federal Reserve monetary policy meeting Dollar was trading firmly and brought some stress on the gold price in the Global Markets. There is a chance that the fall in the gold price in the International markets can be seen in the gold price in Jaipur as well.25 July 2017
Gold price in Jaipur remained unmoved as the gold price in the Global markets were steady. Investors were holding on for some clues from the European Central Bank meeting. On Thursday in the ECB meet chief Mario Draghi said policymakers would talk over about improving its bond-buying program in the autumn. This brought some pressure on the Dollar, and the fall in the US Dollar gave some backing to the precious metal in the International Markets. Spot gold moved slightly down by 0.04 per cent and traded around $1,243 per ounce.
Gold rates in Jaipur were trading at steady levels from the starting of the week. 22 karats gold price is trading at Rs 27,600 and 24 karats gold price trading at around Rs 30,000. Due to the steady movement in the gold price in Jaipur. Investors are planning to go for the stocks instead of gold as the markets are trading at good levels from the starting of this month.21 July 2017
Gold rates in Jaipur are stable as the US dollar was flat after a fall. The dollar hit its weakest against the euro and Swiss franc yesterday due to the decreasing expectations on the Fed Interest rate hike and other uncertainties. The flat US Dollar had supported gold in the international markets, and gold remained steady. Spot gold moved up about 0.1 per cent and is trading at $1,242.86 per ounce.
The gold rates in Jaipur are on course from the past few days, and it seems this will continue today, as well as the gold price in the International markets, are going up. The traders who trade in the futures market and bought gold are advised to hold on for few more days as the gold price in Jaipur may go further up. Today, it seems like the 22 karats gold prices in Jaipur may cross Rs 27,500 mark and 24 karats gold price may trade above Rs 30,000.19 July 2017
Gold prices in Jaipur traded flat today due to a fall in the price of gold in the global markets. A firm dollar put some pressure on the gold prices, and the rates fell. Spot gold was down by 0.2 per cent and was last seen trading at $1,212 per ounce. The Dollar rose to a two-month high due to strong economic data and also the upward movement in US technology stocks. The improvement in dollar prices showed some impact on gold prices in International Markets as well as Jaipur gold prices.
22 karats Gold rates in Jaipur are trading below Rs 27,500 mark, and it seems that the prices may continue at those levels. Compared to the past gold price in Jaipur are trading at shallow levels due to the strong Dollar and firm Asain stocks. For long term investors in Jaipur, this is a good time for them to buy the precious metal at this time and hold on to get good returns.11 July 2017
Gold price in Jaipur is to see gains as the gold price in international markets rose. Spot gold was up by 0.4 per cent and is trading around $1,224 per ounce. Asian markets stumble after the North Korean missile launch. North Korea launched a missile on Tuesday, which Japan said may land in the Japanese exclusive economic zone. This has brought some uncertainty in the Asian markets. Korean market fell but quickly recovered and started trading at the previous levels. This has brought some movement in the gold prices in the International Markets and this movement is to be seen on the gold prices in the Jaipur as well. 22 karats gold prices in Jaipur are trading now at around Rs 27,700 it may rise and trade at higher levels today. Investors who were waiting to sell their gold, once the gold in Jaipur starts trading at higher levels need to hold on. There are chances that the Gold prices in Jaipur may trade above Rs 28,000 mark.4 July 2017
Gold prices in Jaipur are on a flattish trend as there has been no significant movement in gold prices in the International Markets. Spot gold was up by 0.1 per cent and was trading around $1,244 per ounce. 22 karats Gold prices closed at Rs 28,200 per 10 grams previously, and 24 karats gold prices closed at Rs 30,700. As per the movement in the international market, there are chances that the gold rates in Jaipur may move a little up.
Investors in Jaipur who like to go for physical form of gold than the electronic form should now about the taxes on gold. There are few changes in the taxes in the new GST. As there are many options in the electronic form of gold most investors in Jaipur, prefer to go for electronic form such as Gold Bonds, Gold ETF's, Futures, etc. Also trading with the electronic form of gold is an easy and secure method. By doing few clicks on the laptop or your mobile phone you can sell or buy gold.27 June 2017
Gold prices in Jaipur was to see gains today, due to a fall in equities. There was a drop in oil markets for a seven-month low which put Asian investors on edge. This gave some support to the precious metal, in the international markets. Spot gold was up by 0.3 per cent to $1,246.25 per ounce. Not only gold but other precious metals also rose where Silver is up by 0.2 per cent and is trading at $16.50 per ounce. Platinum climbed by 0.2 per cent and is trading at $920.40 per ounce and palladium moved up by 0.3 per cent and is trading at $870.60 per ounce.
The movement in the international price of gold may reflect in the gold prices in Jaipur. 22 karats gold prices in Jaipur was trading at Rs 28,000 per 10 grams it seems that the price may rise today. The price of 24 karats which was trading at around Rs 30,500 may also rise and trade at some good levels.21 June 2017
Gold prices in Jaipur are down due to the strong US Dollar. Buyers were awaiting for a decline in gold prices and can buy now as the price of gold in Jaipur is at low levels. This month there is a lot of movement in the gold prices due to the various global reasons such as Federal Reserve interest rate hike. GST On Gold Jewellery making has been reduced from 18% to 5%. The fall in gold prices and GST will have some impact on the gold demand this week. The GST on Gold jewelry will make no difference for those who trades in electronic gold which includes bonds, ETF's, etc.
In the international markets, Spot gold was down by 0.1 per cent and is trading around $1,252 per ounce. Among other metals, Spot Silver fell by 0.5 per cent and is trading at $15.79 per ounce, while platinum rose up by 0.4 per cent and is trading at $928 per ounce, and spot palladium went up by 1.3 per cent to $872.83.19 June 2017
Gold prices in Jaipur gained ahead of the central bank decision on the Federal Reserve interest rate. The central bank decision over the interest rate will show some effect on the gold prices in Jaipur. As, Gold price in Jaipur moves with the moment in the gold prices internationally. In International markets, spot gold was trading at $1267 an ounce. The prices are almost up by 0.3 percent. This moment in the International Gold price has shown some affect on the gold prices in Jaipur as well. 916 gold prices in Jaipur were trading at Rs 27,300 went up by nearly Rs 400 and now trading at Rs 27,700 and 24 karats gold prices were trading at 29,800, today crossed the 30,000 mark and is trading at Rs 30,200. This momentum is now dependent on the interest rate hike outcome if there are any uncertainties it will impact the gold rates internationally as well as the gold prices in Jaipur.14 June 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.