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Gold Rate in Nagpur (30th November 2020)

Nov 30, 2020
4,724 /Gram(22ct) -1

Nagpur is not only the city of oranges, but is also a great destination to do gold shopping. There are many shops, local ones that offer you best gold rates in Nagpur. Always check the live gold prices in Nagpur before you buy gold.

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

Gram 22 Carat Gold
Today
22 Carat Gold
Yesterday
Daily Price Change
1 gram 4,724 4,725 -1
8 gram 37,792 37,800 -8
10 gram 47,240 47,250 -10
100 gram 4,72,400 4,72,500 -100

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

Gram 24 Carat Gold
Today
24 Carat Gold
Yesterday
Daily Price Change
1 gram 4,824 4,825 -1
8 gram 38,592 38,600 -8
10 gram 48,240 48,250 -10
100 gram 4,82,400 4,82,500 -100

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

Date 22 Carat 24 Carat
Nov 30, 2020 47,240 -10 48,240 -10
Nov 29, 2020 47,250 10 48,250 10
Nov 28, 2020 47,240 -420 48,240 -420
Nov 27, 2020 47,660 -190 48,660 -190
Nov 26, 2020 47,850 -1900 48,850 -1900
Nov 25, 2020 49,750 -50 50,750 -50
Nov 24, 2020 49,800 -150 50,800 -150
Nov 23, 2020 49,950 50 50,950 50
Nov 22, 2020 49,900 10 50,900 10
Nov 21, 2020 49,890 60 50,890 60

Weekly & Monthly Graph of Gold Price in Nagpur

Historical Price of Gold Rate in Nagpur

  • Gold Price Movement in Nagpur, October 2020
  • Gold Rates 22 Carat 24 Carat
    1 st October rate Rs.48,900 Rs.49,900
    31st October rate Rs.49,950 Rs.50,950
    Highest rate in October Rs.50,200 on October 14 Rs.51,200 on October 14
    Lowest rate in October Rs.48,900 on October 1 Rs.49,900 on October 1
    Over all performance Rising Rising
    % Change +2.15% +2.10%
  • Gold Price Movement in Nagpur, September 2020
  • Gold Price Movement in Nagpur, August 2020
  • Gold Price Movement in Nagpur, July 2020
  • Gold Price Movement in Nagpur, June 2020
  • Gold Price Movement in Nagpur, May 2020
  • Gold Price Movement in Nagpur, April 2020

Why gold rates in Nagpur differ from other cities

If you notice a unique trend in gold rates in Maharashtra and In Nagpur is that prices often differ from one city to the other. Have you ever asked yourself why this happens. We tell you why. This happens largely because there are many taxes and other duties that are applicable which vary from city to city. Because of local tariffs the gold rates could vary from other cities. Hence, if you find it useful you could buy gold from other cities as well. However, the other thing to note is that also because of the transport costs todays gold rates in Nagpur could vary from the previous day.

Buy gold from renowned jewellers

If you are in Nagpur there are no dearth of Gold Jewellery shops. However, you have to be a discerning investor before buying gold in Nagpur. This is because you have to buy quality hallmarked gold. Also, you get a plethora of choices before buying gold in Nagpur. You can purchase 22 karats, 23 karats or even 24 karats gold. It is a good idea to buy into some gold every month to make a decent savings for yourself. you can look at plenty of options from 1 grams to much higher ones.

Latest Updates on Nagpur Gold Rates

Gold prices in Nagpur lowers

Gold prices fall in Nagpur following signals from global markets as investors' eyes are on upcoming announcements from US Federal Reserve chief Jerome Powell, which is likely to spur an economic recovery, halting the rally of the precious metal.

Gold prices in Nagpur were recorded at Rs.50,350/- for 10 grams of 22 carats and Rs.51,350/- for 10 grams of 24 carats.

In the international scenario, spot gold was recorded at $1,939 per ounce and US gold futures at $1,947.60 per ounce.

The US Fed chairman is due to speak later today at the annual Fed central bank conference scheduled for later today and investors are focusing on this issue for the details of the inflation and monetary policy indices.

Falling interest rates and stimulus measures have pushed up the price of gold and so far the metal has managed to gain over 28% in fiscal 2020.

27 August 2020
Gold prices in Nagpur have rises

Gold prices in Nagpur have risen slightly in line with global trends, as bullion has increased today as a result of growing friction between the United States and China in Hong Kong. Gold prices in Nagpur were identified at Rs.45,860/- rupees for 10 grams of 22 carats and Rs.46,860/- rupees for 10 grams of 24 carats.

In the global scenario, spot gold was at $ 1,738.30 an ounce and American gold futures traded at $ 1,739.70 an ounce. Latent tensions between the United States and China over the introduction of the new security bill in Hong Kong have garnered support for gold to rise. Growing concerns about the rapid economic recovery have prompted investors to seek refuge in a haven asset. The gradual reopening of economies in many countries has heightened the mood of the investor to choose riskier assets as there are more and more possibilities for the recovery of the economy punctuated by the coronavirus crisis. But the current scenario has brought investors back to square one.

In a move, the Chinese parliament today approved the introduction of the new security bill in Hong Kong, which is likely to jeopardize the freedom and special autonomy status of its citizens. The United States and China are stepping up their criticism of the origin of the pandemic and its consequences, which have now spread around the world.

28 May 2020
Gold prices in Nagpur slips

Gold prices in Nagpur have declined after a continuous rise in the past four days following indications from the world market amid expected economic damage from the coronavirus.

On the local market, the prices of yellow metal in Nagpur were negotiated at Rs.41,527/- for 10 grams of 22-carat gold and Rs.42,527/- for 10 grams of 24-carat gold. In the international market, spot gold saw its low price at $ 1,620.81 an ounce and American gold futures fell 1.7% to $ 1,623.30 an ounce.

The expected economic damage from the coronavirus has increased the attractiveness of the ingot shelter. Wall Street stocks fell more than 3% as concerns over the economic damage from the coronavirus pandemic returned to the fore. Investors are awaiting the adoption of a $ 2.2 trillion stimulus bill that will inject money into the world's largest economy to stem the damage caused by the pandemic.

28 March 2020
The gold rates in Nagpur unchanges

Gold prices in Nagpur remained stable despite a slight drop in the international market as part of a trade agreement between the United States and China. On the domestic market, gold prices in Nagpur were trading at Rs.36,900 / - for 10 grams of 22-carat gold and Rs.37,900/ - for 10 grams of 24-carat gold. On the world market, spot gold fell 0.1% to $ 1,474.46 per ounce and U.S gold futures fell 0.2% to $ 1,478.80 an ounce. The dollar has a low against a basket of six main currencies traded, also pulling the prices of the yellow metal to a low level on the world market. Asian shares have risen as the world's two major economies the United States and China announced a phase one trade deal and suspended certain tariffs on goods that are expected to take effect on Sunday. U.S. exports to China will almost double in the next two years, although authorities have yet to decide on a date to sign the deal.

16 December 2019
The gold price in Nagpur rises

The gold rate in Nagpur gained today despite its fall in the bullion market amidst a firmer dollar. In the domestic market, the yellow metal prices in Nagpur were seen trading high at Rs.37,900/- per 10 grams of 22-carat gold and Rs.38,900/- per 10 gram of 24-carat gold. Spot gold has slipped 0.5% at $1,523.26 per ounce and U.S gold futures have gained 0.2% at $1,532.20 an ounce. The dollar index which measures a greenback against a basket of six major traded currencies gained more than two years high. The stronger dollar pulling the yellow metal price low in the bullion market. Market Investors are expecting from the Institute for Supply Management (ISM) on the U.S manufacturers survey that forward-looking information is provided on economic conditions in the United States. In the local market, the precious metal prices in Nagpur depends on the international trade market and it is decided by some local jewellery shops association.

3 September 2019
Gold rates in Nagpur Stable

The gold rates in Nagpur remained constant today despite being steady in the international market amidst a strong dollar. The yellow metal price in Nagpur was trading at Rs.31,000/- for 10 grams of 22-carat gold and Rs.32,000/- for 10 grams of 24-carat gold. In the global markets, spot gold was up by 0.2% at $1,281.59 per ounce and U.S. gold futures were up by 0.3% at $1,280.80 an ounce.

The dollar gained against major traded currencies and it is pushing the gold price high in the overseas market. From the international business reports, Beijing was ready to use rare earths for leverage in its trade war with the United States.

The Trump administration also said on Tuesday that no major trading partner met its currency manipulation criteria but nine countries, including China, required close attention as Washington presses tariffs and negotiations to address trade deficits.

The yellow metal price in Nagpur depends on the prices at which the precious metal trades in the international market.

29 May 2019
Gold rates in Nagpur edged up

Gold rates in Nagpur gains amid the dollar boosted by the U.S payroll data. Today the gold rates in Nagpur spotted at Rs.31,560/- per 10 grams for 22-carat gold and Rs.33,739/-per 10 grams for 24-carat gold. spot gold was up 1.05 per cent at $1,298.96 per ounce and the U.S. gold futures also reached higher at $1,299.30.Growth in the U.S. is moving slowly as the country has reached full employment and productivity is very high so there is no space for growth. The growth in U.S job almost stopped in February with the economy only 20,000 jobs are creating between the contraction in payrolls in construction and several other sectors. The precious metal price in Nagpur decided by the local jewellery shop associations and it totally depends on the international trade market. 

9 March 2019
Gold prices in Nagpur on a roll

Gold prices in Nagpur have seen sustained increase over the last many days. However, global prices fell on Tuesday, leading to some fall in the price of gold in Nagpur.

The trend has been firm for the last 10 days. For example, we have seen gold rally from levels of Rs 29,980 per 10 grams to Rs 30,090 per 10 grams.

In fact, there has been a firm trend in prices that we have observed for the last many days. The one reason for this firm trend is the fact that there has been a sharp rally in gold prices in the global markets. However, the belief now is that there is unlikely to be any sharp growth, given that the US Fed would hike interest rates more agressively going forward.
Hence, if you are looking to invest in gold in Nagpur, it would be better to wait for a while, as there is a high possibility that we may see a downfall.

28 February 2018
Gold prices hold stable in Nagpur

Gold rates in Nagpur held steady as investors digested a slew of data and sold into the metal at higher prices. Gold prices in Nagpur were last seen trading at Rs 26,650 per 10 grams. The metal is now expected to trade steady until the end of the year 2016. How it fares from there on depends on the huge money coming into the precious metal. If there is fresh allocation, we might see the metal gain ground. On the other hand if there is no buying interest that is seen in Nagpur, gold prices may very well drop. Some analysts advocate that you should buy the precious metal on declines at every lower level.

 

22 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.

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