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Gold Rate in Nashik (17th August 2022)

Aug 17, 2022
4,803 /Gram(22ct) -15

Gold rates in Nashik always move in line with how gold prices internationally move. Apart from this the local taxes in Maharashtra like duties and levies also influence gold prices in Nashik.

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

Gram 22 Carat Gold
Today
22 Carat Gold
Yesterday
Daily Price Change
1 gram 4,803 4,818 -15
8 gram 38,424 38,544 -120
10 gram 48,030 48,180 -150
100 gram 4,80,300 4,81,800 -1,500

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

Gram 24 Carat Gold
Today
24 Carat Gold
Yesterday
Daily Price Change
1 gram 5,239 5,258 -19
8 gram 41,912 42,064 -152
10 gram 52,390 52,580 -190
100 gram 5,23,900 5,25,800 -1,900

* 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 Nashik for Last 10 Days (10 g)

Date 22 Carat 24 Carat
Aug 16, 2022 48,030 -150 52,390 -190
Aug 15, 2022 48,180 0 52,580 0
Aug 14, 2022 48,180 0 52,580 0
Aug 13, 2022 48,180 400 52,580 440
Aug 12, 2022 47,780 400 52,140 450
Aug 11, 2022 47,380 0 51,690 0
Aug 10, 2022 47,380 -600 51,690 -670
Aug 9, 2022 47,980 400 52,360 460
Aug 8, 2022 47,580 0 51,900 0
Aug 7, 2022 47,580 0 51,900 0

Weekly & Monthly Graph of Gold Price in Nashik

Historical Price of Gold Rate in Nashik

  • Gold Price Movement in Nashik, July 2022
  • Gold Rates 22 Carat 24 Carat
    1 st July rate Rs.47,900 Rs.52,250
    31st July rate Rs.47,230 Rs.51,570
    Highest rate in July Rs.48,180 on July 4 Rs.52,480 on July 4
    Lowest rate in July Rs.46,040 on July 21 Rs.50,220 on July 21
    Over all performance Falling Falling
    % Change -1.40% -1.30%
  • Gold Price Movement in Nashik, June 2022
  • Gold Price Movement in Nashik, May 2022
  • Gold Price Movement in Nashik, April 2022
  • Gold Price Movement in Nashik, March 2022
  • Gold Price Movement in Nashik, February 2022
  • Gold Price Movement in Nashik, January 2022

Popular gold jewellers in Nashik

There are a number of popular paces to buy gold in Nashik. For example there is the popular P N Gadgil jeweller from Pune, which has an outlet in Nashik is one of the top ones. However, you need to do your own research before buying into the precious metal.

Latest Updates on Nashik Gold Rates

The Gold Prices in Nashik Unmoves today

Gold prices are stable in Nashik despite a decline in the value of the precious metal in world markets due to the strong value of the dollar.

Gold rates in Nashik were seen at Rs 48,410 for 10 grams of 22 karat and Rs 52,810 for 10 grams of 24 karat.

On the overseas forum, spot gold stood at $1,837.00 per ounce and US gold futures at $1,856.80 per ounce.

Today, gold prices fell around 1% after the dollar strengthened and Treasury yields jumped after data showed rising US inflation fueled bets for big rate hikes from the Fed in the coming days.

Recently, the US Fed raised interest rates to control rising inflation rates. Despite the Fed's actions, Friday's data showed U.S. consumer prices accelerated in May, marking its biggest annual increase in nearly 40-and-a-half years. The data could push the Fed to opt for aggressive rate hikes going forward.

The world has been facing a pandemic crisis for two years. The uncertainty surrounding the situation caused the yellow metal to soar and trade at high prices.

Meanwhile, 10-year US Treasury yields and the value of the currency jumped and made the safe-haven asset more expensive for overseas buyers.

13 June 2022
The Gold Prices in Nashik gained slightly

The gold rates in Nashik surged up today despite its fall in the international market amid a retreat in crude oil prices.

In the domestic market, the yellow metal prices in Nashik were seen trading at Rs.47,820/- Per 10 grams of 22-carat gold and Rs.52,170/- per 10 grams of 24-carat gold.
Coming to the international market, the spot gold has seen trading low at $1,928.30 per ounce; and U.S gold futures also dipped 0.1% to $1,928.00 an ounce.

Gold is taking Powell's comments relatively well due to support from an overnight crude oil price spike, which is inflationary and hurting growth, Saxo Bank analyst Ole Hansen said.

Lower crude oil prices during the day are weighing on gold, he said.

The yield on the benchmark 10-year US Treasury rose to its highest level since May 2019, also putting pressure on zero-rate gold, as traders bet on strong rate hikes from the Fed throughout the year.

22 March 2022
The Gold Rates in Nashik Remains Same

In Nashik, gold prices remained stable, like yesterday. Today, December Comex gold futures gained 0.46% and were listed at $ 1,793 / oz, while spot gold prices fell 0.04% and were listed at $ 1,793.5 / oz until the last trade. Yesterday, the December Comex gold futures closed at $ 1,785 / oz. On the other hand, the US dollar index in the spot market stood at 96.19. a drop of only 0.01%. Reflecting the same global gold rate trend, in India, Mumbai MCX gold in February was listed at Rs. 48,147 / 10 grams, gained 0.39%, until the last trade.

The price of 22 karat gold per gram is Rs. 4613 today, yesterday it was Rs. 4613. Thus, 100 grams of 22 karat gold today is listed at Rs. 461,300.

For 24 karat gold per gram the rate is Rs. 4,939 per gram today, yesterday it was Rs. 4,939. Today the price of 100 grams of 24 karat gold is quoted at Rs. 493,900.

Many states have placed restrictions on international tourists as a new Covid virus has been reported in South Africa. The Indian government has also called travel from certain countries "at-risk". As a result, concerns about the markets are growing among investors and asset classes, including gold, are rallying in global markets.

29 November 2021
Gold Prices in Nashik rises

Gold prices in Nashik rose slightly today for both 22-karat and 24-karat gold. Gold prices fluctuate daily in the international market, eventually affecting Indian markets. The variation in the valuation of the US dollar and the interest rates set by the US Fed influence gold prices.

Please check here the prices of 22 karats and 24 karats in Nashik. 22k gold sells for Rs. 4,559 per gram.

The rate for the same gold was Rs. 4,540 yesterday. The price saw a hike of Rs.19 in Nashik today. Today the price of 22 karats 100-gram gold is Rs. 455,900.

24k gold in Nashik follows a similar trend and is increasing Rs. 19 today. In the city, 24 karat gold could manage to contain Rs. 4,862 yesterday for 1 gram. Today the price is Rs. 4,881 per gram for 24 karat gold. The price of 100 grams of 24 karat gold today is Rs. 488,100.

Gold is a lucrative investment as a hedge against inflation. It is a noticeable investment for long term investors.

In the short term, prices fluctuate every day, but in the long term, the yellow metal has never failed to impress investors. Today, as prices have increased, this is a good deal for investors.

20 August 2021
Gold Prices Gains in Nashik

The gold prices gained in Nashik despite witnessing a decline in the bullion markets amidst strong dollar value. The gold rates in Nashik recorded at Rs 46,430 for 10 grams of 22 karats and 47,430 for 10 grams of 24 karats. 

On the global platform, spot gold traded at $1,800.30 per ounce, U.S. gold futures at $1,793.40 per ounce. 

Today, the prices of the jewellery metal eased in the bullion markets after hitting two-month highs during the previous session. An uptick in the dollar value by 0.1% has led to a drop in the value of the ornamental metal. 

Gold and dollars share an inverse relationship. The slide in the dollar value will pressurize the yellow metal to gain and vice versa. 

For June, the U.S. jobs growth accelerated as the non-farm payrolls tally rose by 850,000 jobs after witnessing a gain of 583,000 during May. As per the data, the unemployment rate expanded to 5.9% from 5.8% during the previous month. 

The stronger-than-expected U.S. employment report is boosting investor’s focus on economic data and Fed’s next move on the interest rates. 

Recently, the U.S. Federal Reserve signalled earlier than expected policy tightening to arrest the bubbling inflation rates. The Fed has kept the interest rates at near-zero levels since last year.

Meanwhile, Japan’s services sector activity contracted for the 17th consecutive month during June amidst the ongoing pandemic crisis has dampened demand at home and abroad, underscoring sluggish momentum for the world’s third-largest economy. 

5 July 2021
The gold prices in Nashik remains constant

The gold prices are consistent in Nashik despite declining in the bullion markets as metal witnesses its worst week following strong U.S. data. The yellow metal prices in Nashik were seen at Rs.44,170/- for 10 grams of 22 karats and Rs.45,170/- for 10 grams of 24 karats.

In the international platform, spot gold was seen at $1,768.60 per ounce; U.S. gold futures at $1,765.40 per ounce.

The ornamental metal slid during the week as it recorded its worst week during April following robust U.S. economic data. The data released on late Thursday shows that the U.S. economic growth accelerated during the first quarter as fiscal stimulus fuelled consumer spending habits.

Analyst note that the string of continuous robust U.S. economic data is weighing on the precious metal. People are likely to book profits on month-end after a decent run-up in the ornamental metal.

Apart from this, the firm dollar value and rally in the U.S. Treasury yields also led to the fall in the safe-haven bet value. The Benchmark U.S. 10-year Treasury yields hovered near their highest in over last two weeks.

1 May 2021
Gold rates in Nashik falls

Gold rates in Nashik fell despite the rally in foreign markets as investors are concerned about the delay in US stimulus controls. Nashik gold prices were seen trading at Rs.48,930/- per 10 grams of 22 carats and Rs.49,930/- for 10 grams of 24 carats.

On the global platform, spot gold stood at $ 1,890.50 an ounce; US gold futures at $ 1,886.40 an ounce.

On Wednesday, the value of the precious metal rose bit by bit amid the weakness of the dollar as investors weighed on the decision by the top Republican leader of the United States to postpone a vote to increase aid payments for the pandemic.

The AirGuide analyst notes that a weak dollar is enough to create a small bullish momentum for confidence in the precious metal to hold. He further added that having more exposure to gold will make sense in underperforming and thus weaken the dollar environment.

The dollar index, a measure of the dollar against a basket of rival currencies, was down 0.2%. The dollar index remained close to its lowest level in the past two years and thus raised the value of the precious metal.

 

31 December 2020
Gold prices in Nashik inches low

Gold prices have declined in Nashik today following cues in the bullion markets as investors eyes are on upcoming announcements from US Federal Reserve chief Jerome Powell, who is likely to stimulate an economic recovery, halting the rally of the precious metal. Gold prices in Nashik have been recorded at Rs.50,350/- for 10 grams of 22 carats and Rs.51,350/- for 10 grams of 24 carats.

In the global scenario, spot gold was recorded at $1,939 per ounce and U.S gold futures at $1,947.60 per ounce.

The U.S 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.

Markets are anticipating a new stimulus package from the U.S central bank, which has helped investors reassess their position. Traders posted profits after the metal's price rose more than 1% in the previous session.

27 August 2020
The gold rates in Nashik jumps

The gold rates in Nashik jumped today following cues in the world market amid trade deal between the world's two largest countries China and the United States.

The precious metal prices in Nashik were seen trading at Rs.46,100/- per 10 grams of 22-carat gold and Rs.47,100/- per 10 grams of 24-carat gold. In the bullion market, the spot gold has jumped 0.7% to $1,741.65 per ounce and U.S gold futures have settled 0.9% higher at $1,756.30.


The coronavirus, which is infected more than 4.46 million people and killed 301,445 people around the world and it has affected global economic activity, prompting central banks and governments to trigger massive stimulus packages. Gold tends to benefit from economic stimuli, as it is widely regarded as a hedge against inflation and the deterioration of currencies.

The yellow metal edged up more than 1% on Friday from levels last seen in 2012, as new trade tensions between the United States and China added to concerns about a deep economic recession due to the coronavirus pandemic.

16 May 2020
The Gold Rates in Nashik gains

The gold rates in Nashik gained today despite edging down in the bullion market amid a stronger dollar. In the national market, the yellow metal prices in Nashik were seen at Rs.39,600/- per 10 grams of 22-carat gold and Rs.40,600/- per 10 grams of24-carat gold. In the international market, spot gold has low 0.2% to $1,578.95 per ounce and U.S gold futures have inched up 0.1% to $1,578.60.

Fears over corona virus fueled the rally in gold, but investors seem to prefer the security of high-quality government bonds to the yellow metal. The dollar was trading high against a basket of six major traded currencies. Investors were also at the forefront of the US Federal Reserve’s first political meeting of the year, scheduled to start later today.

The Fed Fund futures show that traders expect the US central bank to keep interest rates unchanged. Lower interest rates reduce the opportunity cost of holding unproductive bullion.

28 January 2020

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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